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Kagaznama

Request to Change the Loan Amount

At a glance

Price
Free
Stamp duty
No stamp duty — not an 'instrument' under s.2(14), Indian Stamp Act 1899.
Registration
Not registrable (s.17, Registration Act 1908).
Witnesses
Not required; borrower signatures and documents matter more.

Free

Documents are free. Only kits are paid.

Free: up to 5 documents a day.

Guided questions, full draft on screen, download in Word.

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Also called

  • home loan amount change request
  • sanction amount amendment
  • increase or reduce mortgage request

When you need it

Ask the lender to change an already-sanctioned amount after a change in price, contribution, income or leverage. A reduction isn't mere arithmetic once part-disbursed; an increase needs fresh eligibility, LTV and repayment checks.

Read more

State current/revised amounts, direction, revised value, margin and disbursement position — a higher price doesn't automatically mean more finance.

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

No stamp duty — not an 'instrument' under s.2(14), Indian Stamp Act 1899. Plain paper; the loan agreement, deposit memorandum, mortgage and guarantee are stamped separately.

Registration

Not registrable (s.17, Registration Act 1908). The mortgage itself needs registration if Rs 100+, unless by deposit of title deeds — two witnesses (s.59, TPA 1882).

Notarisation

Not required unless the lender wants an affidavit.

Witnesses

Not required; borrower signatures and documents matter more.

Request Stamp Paper

Sample preview — placeholder answers, not your data

REQUEST TO CHANGE THE LOAN AMOUNT

Request date: 1 April 2026

To ABC Bank Ltd, Sector 17, Chandigarh.

Borrower: Aarav Sharma, Sector 21, Panchkula. Phone: +91 XXXXX XXXXX; email: aarav@example.com. Application: HL-2026-118

Existing sanction/application: SAN/HL/2026/118. Current loan amount: ₹90,00,000 (Rupees Ninety Lakh only). Revised amount requested: ₹85,00,000 (Rupees Eighty Five Lakh only). Direction: Increase requested.

Property: Apartment 804, ABC Heights, Airport Road, SAS Nagar, Punjab (Apartment/flat), Tower B, Apartment 804, ABC Heights.. Transaction stage: Property identified; agreement not yet signed. Existing property value: ₹1,20,00,000 (Rupees One Crore Twenty Lakh only).

REASON

Reason: Property price/payment schedule changed. Details: Buyer increased own contribution by 500000..

REVISED FUNDING

Property price status: Property price unchanged. Revised property value: ₹1,20,00,000 (Rupees One Crore Twenty Lakh only). Revised borrower contribution: ₹35,00,000 (Rupees Thirty Five Lakh only).

ELIGIBILITY AND DRAWDOWN

Income reassessment: No income change; lender may use current valid evidence. Disbursement status: No disbursement has occurred.

Please reassess and issue the lender's amended/revised sanction if the requested amount is approved.

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

Personal data in this document is collected only to request and administer a change in the stated home-loan amount, communicate about that purpose, verify expressly supplied lending and property information, and retain an evidentiary application record.

The record will be held by Kagaznama and may be shared only with the applicant, co-applicant, lender or housing-finance company, authorised loan-processing agent, employer or income verifier, advocate, valuer, technical professional, insurer, registering authority, Central Registry/CERSAI-related service, or other person directly involved in the stated loan process.

If the request is withdrawn, declined or does not proceed, personal data will be retained for 90 days and then erased. If it proceeds, the record will be retained for the loan process plus 12 months, except where a statutory, regulatory or lender record-retention rule requires a longer named period.

A person named here may withdraw consent for future consent-based processing, request correction or erasure where the purpose has ended, or raise a grievance by writing to privacy@example.com. The record-holder should acknowledge and respond within 30 days.

Data minimisation: this template does not require a full Aadhaar number, Aadhaar-card copy, passwords, PINs, OTPs or complete bank-login credentials. Only masked account/identity references genuinely required for the loan process should be inserted.

Questions about this document

Does the Request to Change the Loan Amount need stamp paper or stamp duty in Punjab and Chandigarh?

No stamp duty — not an 'instrument' under s.2(14), Indian Stamp Act 1899.

See the full position on stamp duty, registration and witnesses
Does the Request to Change the Loan Amount need registration in Punjab and Chandigarh?

Not registrable (s.17, Registration Act 1908).

See the full position on stamp duty, registration and witnesses
What does the Request to Change the Loan Amount cost on Kagaznama?

Free.

Documents are free. Only kits are paid.

Does the Request to Change the Loan Amount need witnesses?

Not required; borrower signatures and documents matter more.

See the full position on stamp duty, registration and witnesses

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