How to Get E-Stamp Paper From Bank in Pakistan 2023
Punjab Board of Revenue and the Punjab Information Technology Board released an e-stamp paper in Punjab. This step is taken so that no one can fraud with stamp paper in Pakistan. In Punjab, an e-stamp paper has been launched in about 36 districts. However, Gujranwala was the first-ever district to get an e-stamp in Punjab.
According to chairman PITB, Dr. Umair Saif, buying stamp paper Pakistan from the related department is risky, so for the ease of people, this step is taken. Further, he said, e-stamp paper in Punjab can be purchased from any branch of the Bank of Punjab.
With the introduction of the Punjab e-stamp paper, obtaining them become a more straightforward task. Before 2016, people were supposed to wait 3 days to get an e-stamp in Punjab.
Stamp Paper Now vs Then
Now, with Punjab e-stamp paper Pakistan, people will only wait 15 minutes. This release has demolished the black market sale, extra charges, fraud, and commission. But the low-value (less than 1000) non-judicial stamp paper will be obtained from verified vendors. And they have to wait for 2-3 days to get stamp paper in Pakistan. This category is only 5% of total stamp papers.
Requirements for e-stamp Paper
Getting back to the topic, getting an e-stamp paper in Punjab requires good WiFi or 3G/4G support. The required information will be the buyer’s name, seller’s name, name of the vendor from whom you purchased the e-stamp paper Punjab, and vendor’s CNIC.
The vendor’s CNIC will be cross-checked via NADRA’s database. If the verification is successful, form 32-A will be issued on the given data.
The person who bought stamp paper will take this form to any branch of the National Bank or Bank of Punjab. Afterward, he has to pay the stamp duty fee; the bank will take printouts of stamp paper and give them to the buyer. Once the agreement is made, the stamp paper will be given to the one who demanded it. It can be any housing society authority, landowner, sub-registrar, etc.
Why is Stamp Paper required?
Stamp paper is required in matters related to buying or selling any property. Now the landowners or the buyers will get verified by e-stamp paper verification in Pakistan. The Punjab e-stamp paper is a blessing for women who cannot get a hold of their property due to specific issues.
Step By Step Method of E-stamp Paper Verification Pakistan
- Go to the official website of e-stamp Punjab
- Fill out the form named 32-A Challan Form
- Print this form
- Visit any branch of the Bank of Punjab
- Pay the fees
- After fee submission, the bank will give you a non-judicial e-stamp paper.
- Send 16-digit e-stamp number on 8100
The updated site allows users to generate the form online without going to the bank or asking permission from the bank to do so.
Frequently Asked Questions
How do I verify an E-stamp certificate?
Click here to verify the e-stamp certificate. Go to the official site es.punjab.gov.pk -> e-stamp citizen portal -> Challan form -> Verify Stamp and enter your stamp number.
What is an E-stamp paper in Pakistan?
Gathering stamp papers was a hectic task. The corruption and involvement of the land mafia made it so difficult to manage. Therefore, the Government of Pakistan has introduced digital stamp paper where every data is stored, and NADRA will verify it directly. People will get this paper in 3 or 4 days. With the introduction of the e-stamp, the load is reduced from 4 days to 15 minutes. You must submit the fees and 32-A form to the Bank of Punjab and get the e-stamp paper.
Is Stamp paper valid without Notary?
No, it is an invalid or illegal stamp paper. The supreme court of Pakistan is strict with the concerned laws.
Is 100 Rs Stamp paper valid for the Rent Agreement?
Yes, it is the minimum stamp paper value for the rental agreement. However, stamp duty is almost 1% of the rent and annual deposit. It can be equivalent to Rs. 500, which is a minimum.