25 May, 2025 | 11:00 IST
When buying a flat, it is not only the cost of the flat you need to think about. There are extra charges too. Flat registration comes with expenses like stamp duty, registration fees and legal costs.
Depending on where you are buying that flat, these charges can go as high as 6% of the property’s value.
A home loan typically will not cover the costs of flat registration. Stamp duty and registration fees are considered out-of-pocket expenses. If arranging this extra money feels tough, a personal loan for flat registration might be a helpful option. It can give you the quick financial support you need to take care of these expenses.
Table of Contents
Property registration is the legal process of recording the ownership of a property in your name. It happens after you have bought a flat or a residential property. The government charges a registration fee and stamp duty to complete this process. These fees vary from state to state.
Flat registration is the legal process of recording the property in your name. It includes stamp duty and registration fees, which can be quite high. For instance, in Delhi, stamp duty is 6% for male buyers and 4% for female buyers. In many cases, flat registration charges can run into lakhs of rupees.
To manage these costs more easily, you can consider taking a personal loan for flat registration. The good thing about personal loans is that they are unsecured, meaning you don’t have to provide any collateral when applying.
Easily get personal loans up to Rs 50 lakhs through Moneycontrol’s digital lending platform. Moneycontrol has partnered with eight top lenders to offer personal loans. The process is completely digital. Choose your EMI plan, enter your details, and finish a quick online KYC. With interest rates starting at 10.5%, getting a loan is now faster and simpler than ever.
There are multiple benefits to taking a personal loan for flat registration.
Before taking a personal loan for flat registration, there are a few things to keep in mind:
Here is a step-by-step guide on how to get a personal loan:
You can explore multiple loan offers through the Moneycontrol app and website from eight reliable lenders. You can apply for loans up to Rs 50 lakhs in a 100% paperless process. The interest rates for these loans start as low as 10.5% per annum.
If you already have a home loan and need extra funds for registration, another option is to apply for a top-up loan from your home loan provider.
Top-up loans usually have lower interest rates than personal loans, longer tenures and easier repayment options. That said, getting a top-up loan may take longer than a personal loan and could involve more paperwork.
Taking a personal loan for flat registration can be a smart choice if you need quick funds and want flexibility in repayment. It is especially helpful because most home loans don’t cover extra costs like stamp duty, registration charges, or legal fees. With a personal loan, you get fast access to money, don’t need to pledge any collateral, and can choose a repayment plan that suits you.
Share it in your circle
Table of Contents
Explore Top Lenders for Instant Loan upto
Get Instant Loan up to ₹50 Lakhs with Zero Paperwork from Top Lenders
100% Digital
Quick Disbursal
Low Interest Rates
