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Request to Change the Loan Amount

At a glance

Price
₹99 · GST included
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.

₹99

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

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

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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Why you need it

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

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.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest 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).

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. Plain paper; the loan agreement, deposit memorandum, mortgage and guarantee are stamped separately.

Does the Request to Change the Loan Amount need registration in Punjab and Chandigarh?

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).

What does the Request to Change the Loan Amount cost on Kaagazaat?

₹99, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Request to Change the Loan Amount need witnesses?

Not required; borrower signatures and documents matter more.

Often needed with this document

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