Kaagazaat

Gift Deed of Money

At a glance

Price: Free, always.
Stamp duty: Whether a deed that only records a gift of money needs stamp paper in Punjab or Chandigarh, and of what value, was not confirmed.
Registration: Whether a deed that gifts only money must be registered was not confirmed; ask the Sub-Registrar.
Witnesses: Two witnesses sign.

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Free, always.

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Also called

money gift deed
cash gift deed
gift of money to son or daughter
gift of cash by parents
bank transfer gift deed
gift of funds to a relative
daan patar for money
paise da daan patar

When you need it

Use this Deed when one person gives money to a relative as a gift, by cash or by bank transfer, and wants a signed record that it was a gift and not a loan. It records the relationship, the amount, how and when the money was handed over, and the Donee's acceptance, in the Donor's lifetime.

A written record helps with a bank, a tax officer or a later family dispute: a bare bank entry does not say whether the money was a gift, a loan or a payment for something. Not for a gift of land, a house or a flat: use the Gift Deed / Transfer Deed between Blood Relations. Not for a gift to a minor: use the Gift Deed to a Minor. Not for a gift between husband and wife of property: use the Gift Deed Between Spouses. Not for a gift to a charitable trust: use the Gift Deed to a Charitable Trust. Not for a gift of jewellery, a vehicle or other things: use the Gift Deed of Jewellery, Vehicle or Movables. Not for a loan, which has to be repaid.

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

Whether a deed that only records a gift of money needs stamp paper in Punjab or Chandigarh, and of what value, was not confirmed. Ask a licensed stamp vendor or the Sub-Registrar before you sign, and use stamp paper in the Donor's name if you are told to.

Registration

Whether a deed that gifts only money must be registered was not confirmed; ask the Sub-Registrar. A gift of movable property can be completed by delivery (s.123, Transfer of Property Act, 1882): here, handing over the cash or crediting the bank account, with the Donee accepting.

Notarisation

Not required by this form. Notarisation does not replace stamping or registration if either applies.

Witnesses

Two witnesses sign. Neither is the Donor or the Donee.

Request Stamp Paper

Sample preview — placeholder answers, not your data

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GIFT DEED OF MONEY

(A gift of money from a Donor to a relative, made in cash or by bank transfer)

THIS DEED is made at Chandigarh on 1 April 2026.

BETWEEN

Gurpreet Singh, son of Harbans Singh, residing at X, PAN ABCPS1234K

(hereinafter called the "Donor", which expression includes the Donor's heirs and legal representatives, of the ONE PART)

AND

Gurpreet Singh, son of Harbans Singh, residing at X

(hereinafter called the "Donee", which expression includes the Donee's heirs and legal representatives, of the OTHER PART)

RECITALS

1. Relationship

1.1 The Donee is the son of the Donor. The Donee is the Donor's sister's son.

2. The money

2.1 The Donor is an adult of sound mind. The money gifted by this Deed belongs to the Donor absolutely. It is not borrowed, is not held for any other person, and is free of any charge or claim. It comes from: The Donor's own savings.

3. Intention

3.1 Out of natural love and affection, the Donor wishes to give the money described below to the Donee, without receiving anything in return.

OPERATIVE PART

NOW THIS DEED WITNESSES AS FOLLOWS:

4. The gift

4.1 The Donor HEREBY GIVES to the Donee, absolutely and forever, the sum of ₹5,00,000 (Rupees Five Lakh only) (the "Gift Amount"), out of natural love and affection and without any consideration in money or money's worth.

5. How the money is given

5.1 The Gift Amount has been given in cash, handed over to the Donee, on 2 April 2026.

6. Acceptance

6.1 The Donee accepts the Gift Amount, confirms that the Donee has received it in full, and has accepted it during the lifetime of the Donor.

7. Not a loan

7.1 The Gift Amount is a gift and not a loan. The Donee does not have to repay it, no interest is payable on it, and the Donor has not been given, and has not been promised, anything in return.

7.2 The gift is complete. It cannot be taken back by the Donor at the Donor's will.

8. Donor's declarations

8.1 The Donor makes this gift freely, without pressure from any person, and after understanding what this Deed does.

8.2 The Donor declares that this gift does not leave the Donor unable to pay the Donor's lawful debts.

9. Tax, stamping and costs

9.1 Any tax, return or declaration that the law requires because of this gift is the responsibility of the person on whom the law places it. This Deed does not state or decide any tax position.

9.2 Any stamp duty or registration charge that is found to be payable on this Deed will be borne by the Donor.

10. Governing law

10.1 This Deed is governed by the laws of India. The courts where the Donor lives have jurisdiction over any dispute about it.

PERSONAL DATA NOTICE

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

Questions about this document

Does the Gift Deed of Money need stamp paper or stamp duty in Punjab and Chandigarh?

Whether a deed that only records a gift of money needs stamp paper in Punjab or Chandigarh, and of what value, was not confirmed.

See the full position on stamp duty, registration and witnesses

Does the Gift Deed of Money need registration in Punjab and Chandigarh?

Whether a deed that gifts only money must be registered was not confirmed; ask the Sub-Registrar.

See the full position on stamp duty, registration and witnesses

What does the Gift Deed of Money cost on Kaagazaat?

Free, always.

Does the Gift Deed of Money need witnesses?

Two witnesses sign.

See the full position on stamp duty, registration and witnesses

Often needed with this document

Back to Gift, inheritance and dividing family property