DEPOSIT DEDUCTION STATEMENT
This is an itemised accounting statement, not proof that every deduction is admitted. The undisputed refund should not be withheld merely to force acceptance of a disputed item unless the tenancy or lawful process supports that result.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023. Personal data in this document is collected only to record and evidence the itemised security-deposit deductions and resulting refund balance, communicate about that purpose, verify the information expressly supplied, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the landlord, tenant, authorised property manager or property consultant involved in the tenancy, a bank/payment service provider where settlement requires payment, a society or utility provider where final handover requires closure, and a statutory authority where disclosure is required for the transaction recorded here.
If this transaction does not proceed, or this document is withdrawn before it takes effect, the personal data will be retained for 90 days from that decision and then erased. If it proceeds, the record will be retained for the term of the tenancy or transaction plus 12 months and then erased, except for a record that a statute requires to be kept for a longer named period.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, PAN, bank-account credentials, passwords or unrelated identity material. Detailed identity verification belongs in the separate KYC process.
ACKNOWLEDGMENT
______________________________
Signature
Landlord: __________
Place: ____________________
Date: ____________________
______________________________
Signature
Tenant: __________
Place: ____________________
Date: ____________________
______________________________
Signature
Record-holder: __________
Place: ____________________
Date: ____________________