How to Make Payment for Property Registration in Karnataka
Payment of Stamp Duty and Registration Charges
Once the property’s E-Khata is updated, the required documents are prepared and uploaded on the Kaveri Online Services portal, the application is processed by the concerned Sub-Registrar’s Office.
After the documents and transaction details are examined and approved by the concerned Sub-Registrar, the applicable stamp duty, registration fee and other charges can be paid through the following prescribed process
Following are the 3 methods of Payment
1 Online Payment though Net Banking
2.Q R Code Scanner (though Gpay / PhonePay etc)
3.RTGS (Depositing cheques in the Bank)
1. Online Banking Payment
The purchaser or the person making the payment can make the payment directly through online banking.
Before initiating the payment, the payer should ensure that:
- Internet banking is activated on the bank account.
- The account has sufficient funds.
- The daily online transaction limit is adequate to cover the registration charges.
- Any additional transaction restrictions imposed by the bank have been checked in advance.
If the bank’s online transaction limit is lower than the amount payable, the payment may not be successful. Therefore, it is advisable to check and increase the applicable transaction limit with the bank before making the payment, if required.
2. Google Pay / PhonePe – QR Code Payment
For payments below ₹1,00,000 (Rupees One Lakh), the payment may be made using a QR code through supported UPI applications such as Google Pay or PhonePe, subject to the applicable UPI and bank transaction limits.
The payer can scan the QR code provided during the payment process and complete the transaction through UPI.
Important
Before using this option, the payer should ensure that the UPI transaction limit is sufficient for the amount to be paid.
As the QR code payment option is limited to ₹1 lakh, payments exceeding ₹1 lakh may require another payment method, such as online banking or RTGS through a K2 Challan, depending on the payment options available in the Kaveri system.
3. RTGS Payment Through K2 Challan
For payment through RTGS, a K2 Challan is generated with the details of the amount payable and the bank account into which the payment has to be remitted.
For generating the K2 Challan, the payer is required to provide the relevant bank details, including:
- Bank Account Number
- IFSC Code
- Other details required for generating the K2 Challan
The K2 Challan should clearly indicate that the amount is to be paid through RTGS.
How Does the RTGS Process Work?
The K2 Challan is provided to the person making the payment.
The payer can then approach their bank and submit:
K2 Challan + Cheque / required bank payment instruction
The bank processes the RTGS payment to the account specified in the K2 Challan.
Once the RTGS payment is successfully completed, the payment is generally reflected in the Kaveri Online system, often within approximately an hour, subject to banking and system processing.
Important Precaution
The payer should carefully verify the account number, IFSC code, amount and other details mentioned in the K2 Challan before submitting it to the bank.
Any error in the bank details can result in delay or failure of the payment.
Plan Your Payment in Advance
Property registration involves a substantial financial transaction. Therefore, it is advisable to decide the payment method before the registration date and ensure that the necessary banking limits and arrangements are in place.
Whether payment is made through online banking, UPI/QR code or RTGS through a K2 Challan, the purchaser should retain the payment acknowledgement and ensure that the successful payment is reflected in the Kaveri system before proceeding with registration.
At CGA Law Firms, we assist clients with property documentation, legal verification, Sale Deed preparation, registration-related formalities, Khata transfer and other property legal work.
Proper preparation before registration can help avoid unnecessary delays on the day of registration.