Kaagazaat

Guarantor KYC and Declaration

At a glance

Price: ₹199 · GST included
Stamp duty: No duty as a declaration — not an instrument under s.2(14).
Registration: Not registrable (s.17) — no property interest created.
Witnesses: Contractual, not s.59's statutory witnesses — follow whatever the lender requires.

₹199

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.

See all prices

Also called

surety KYC form
guarantor declaration

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

Why you need it

When you need it

A lender assesses a proposed guarantor's identity, income and liabilities before accepting them as surety — kept separate from the guarantee contract itself (s.126): KYC data shouldn't accidentally create that promise. State relationship, income type, existing loans/guarantees, KYC evidence and approval stage; liability arises only once the guarantee is signed (s.128). No full Aadhaar or family data collected — due diligence, not a disguised guarantee.

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 duty as a declaration — not an instrument under s.2(14). Sworn on oath, it's an Article 4, Schedule I-A affidavit (Punjab). The deed of guarantee itself is stamped separately.

Registration

Not registrable (s.17) — no property interest created. Charging property too makes it a mortgage: registered, two witnesses (s.59, TPA 1882), unless by deposit of title deeds.

Notarisation

Only if the lender wants a sworn/attested form.

Witnesses

Contractual, not s.59's statutory witnesses — follow whatever the lender requires.

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

KAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASED

GUARANTOR KYC AND DECLARATION

Declaration date: 1 April 2026

Borrower: Aarav Sharma, Sector 21, Panchkula. Lender: ABC Bank Ltd, Sector 17, Chandigarh. Loan: HL-2026-118; amount ₹90,00,000 (Rupees Ninety Lakh only).

GUARANTOR

Naina Sharma, Sector 21, Panchkula. Phone: +91 XXXXX XXXXX; email: naina@example.com. Relationship: Spouse.

FINANCIAL PROFILE

Income type: Salary income. Monthly net income: ₹1,50,000 (Rupees One Lakh Fifty Thousand only). Existing liabilities/guarantees: Nil..

KYC

Stage: KYC/declaration before lender approves guarantor. Documents: PAN/passport identity, address proof, ITRs and bank statements..

LIABILITY BOUNDARY

Guarantor understands KYC approval does not itself create guarantee liability.

SIGNATURE

Guarantor/proposed guarantor: Naina Sharma

LEGAL BASIS

A guarantor's liability is co-extensive with the borrower's (section 128 of the Indian Contract Act, 1872). A guarantee that covers a series of transactions is a continuing guarantee (section 129), which the guarantor may revoke as to future transactions by notice to the lender (section 130). A variance in the loan terms made without the guarantor's consent, a release of the borrower, extra time given to the borrower, or the loss of the security discharges the guarantor wholly or in part (sections 133, 134, 135, 139 and 141). On a secured home loan, section 13(11) of the SARFAESI Act, 2002 lets the lender proceed against the guarantor without first taking any of the enforcement measures against the property. The guaranteed loan sits on the guarantor's credit report as a guarantor account.

Questions about this document

Does the Guarantor KYC and Declaration need stamp paper or stamp duty in Punjab and Chandigarh?

No duty as a declaration — not an instrument under s.2(14). Sworn on oath, it's an Article 4, Schedule I-A affidavit (Punjab). The deed of guarantee itself is stamped separately.

Does the Guarantor KYC and Declaration need registration in Punjab and Chandigarh?

Not registrable (s.17) — no property interest created. Charging property too makes it a mortgage: registered, two witnesses (s.59, TPA 1882), unless by deposit of title deeds.

What does the Guarantor KYC and Declaration cost on Kaagazaat?

₹199, GST included.

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

Does the Guarantor KYC and Declaration need witnesses?

Contractual, not s.59's statutory witnesses — follow whatever the lender requires.

Often needed with this document

Back to Home loans, mortgage and money against property