Kaagazaat

Part-Payment Receipt under an Agreement to Sell

At a glance

Price: Free, always.
Stamp duty: A receipt for money above the amount the Stamp Act sets for a receipt carries a revenue stamp, which the Seller affixes and signs across; the Buyer may ask for it.
Registration: Not required; a receipt for a payment does not create or transfer any right in the property.
Witnesses: Optional.

Free

Free, always.

Free: up to 5 documents a day.

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Also called

instalment receipt for property
part payment receipt
property payment receipt
किश्त की रसीद
ਕਿਸ਼ਤ ਦੀ ਰਸੀਦ

When you need it

For each payment the buyer makes towards the price after the agreement to sell is signed and before the final payment. It records this amount, how it was paid, what was paid earlier and what is left, so that the running account can be matched against the bank entries.

Not for the first token money (use the Token Advance Receipt (Bayana Rasid) or the Earnest Money Deposit Receipt), or for the last payment that closes the price (use the Receipt for the Balance Sale Consideration). It does not transfer ownership and does not change the agreement.

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.

Fill this one in

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

A receipt for money above the amount the Stamp Act sets for a receipt carries a revenue stamp, which the Seller affixes and signs across; the Buyer may ask for it. It is not a conveyance, so conveyance duty does not apply. Confirm the current revenue-stamp requirement at the stamp vendor or Sub-Registrar.

Registration

Not required; a receipt for a payment does not create or transfer any right in the property.

Notarisation

Not required.

Witnesses

Optional. The bank entry and the Seller's signature are what matter.

Request Stamp Paper

Sample preview — placeholder answers, not your data

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RECEIPT FOR PART PAYMENT UNDER AN AGREEMENT TO SELL

Place: Chandigarh. Date: 1 April 2026.

I, Harpreet Singh, of House 12, Sector 35-A, Chandigarh, PAN ABCDE1234F, acknowledge that I have received from Aarav Sharma, of House 12, Sector 35-A, Chandigarh, the sum of ₹15,00,000 (Rupees Fifteen Lakh only) as a part payment of the price of the property described below, under our agreement to sell dated 2 April 2026.

Mode of payment: Bank transfer (RTGS, NEFT, IMPS or UPI). Reference: UTR 123456789012, State Bank of India.

Out of this payment, ₹25,000 (Rupees Twenty Five Thousand only) has been deducted by the Buyer as tax at source, to be deposited with the Government. It counts as part of this payment.

PROPERTY

Second floor of House 1234, Sector 20-C, Chandigarh

THE ACCOUNT SO FAR

Total price under the agreement: ₹95,00,000 (Rupees Ninety Five Lakh only). Paid before today: ₹9,50,000 (Rupees Nine Lakh Fifty Thousand only). Paid today: ₹15,00,000 (Rupees Fifteen Lakh only). Still to be paid: ₹70,50,000 (Rupees Seventy Lakh Fifty Thousand only).

Next payment due: On or before 20 December 2026, at registration.

This receipt only acknowledges a payment. It does not transfer ownership of the property and does not change any term of the agreement to sell, which stays in force.

Revenue stamp, where required, is affixed here and signed across.

Seller: Harpreet Singh

Buyer: Aarav Sharma

Questions about this document

Does the Part-Payment Receipt under an Agreement to Sell need stamp paper or stamp duty in Punjab and Chandigarh?

A receipt for money above the amount the Stamp Act sets for a receipt carries a revenue stamp, which the Seller affixes and signs across; the Buyer may ask for it.

See the full position on stamp duty, registration and witnesses

Does the Part-Payment Receipt under an Agreement to Sell need registration in Punjab and Chandigarh?

Not required; a receipt for a payment does not create or transfer any right in the property.

See the full position on stamp duty, registration and witnesses

What does the Part-Payment Receipt under an Agreement to Sell cost on Kaagazaat?

Free, always.

Does the Part-Payment Receipt under an Agreement to Sell need witnesses?

Optional.

See the full position on stamp duty, registration and witnesses

Often needed with this document

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