MODT Charges in Rajasthan Explained (2026)

What Are MODT Charges in Rajasthan and How Do They Work?

You have picked the flat, cleared the loan sanction and budgeted for stamp duty. Then the bank sends a final cost sheet with one more line on it, and most buyers read it twice. That line is the mortgage charge, and MODT charges Rajasthan buyers pay sit right at the end of the home loan process, usually a few days before disbursal. The amount is not huge compared to the sale deed cost, but it arrives late, it is payable in cash from your own pocket, and very few people are told about it when the loan is sanctioned.

This guide covers what the charge actually is, the exact rate the Rajasthan government levies, the ceiling that protects buyers taking larger loans, and how the number is worked out on a real Jaipur transaction.

MODT Full Form and MODT Meaning in Property

The MODT full form is Memorandum of Deposit of Title Deeds. When a lender funds your purchase, it needs security. Instead of executing a full mortgage deed, the borrower hands over the original title documents of the property to the bank and signs a memorandum confirming that the deposit was made voluntarily, as security for the loan.

That memorandum creates what lawyers call an equitable mortgage under Section 58(f) of the Transfer of Property Act, 1882. The MODT meaning in property terms is simple enough: the bank does not own your flat, but it holds a recorded claim on it until you clear the loan.

Once the memorandum is registered, the charge appears in the state's records. Anyone who later searches the property, a buyer, another lender, a lawyer conducting due diligence, will see that a mortgage exists and in whose favour. That visibility is the whole point of the exercise.

Is MOD Mandatory for a Home Loan?

For a home loan against an immovable property in Rajasthan, yes. Banks will not release the disbursement cheque without it, and the state requires the memorandum to be registered rather than merely signed. A charge that is not registered gives the lender a much weaker position if the borrower defaults, so no lender treats this as optional.

A few situations fall outside it. If you buy without borrowing, there is no mortgage and no memorandum. Loans secured purely against movable assets or a personal guarantee also skip it. But if a bank is funding your apartment and taking the property as security, budget for the charge.

MODT Charges Rajasthan 2026: The Actual Rates

Rajasthan levies the duty on the deposit of title deeds under Article 7(a) of Schedule 1-A of the state stamp schedule. Two separate amounts are payable:

Both are calculated on the sanctioned loan amount, not on the property value. This trips people up. A buyer purchasing a Rs 90 lakh apartment with a Rs 40 lakh loan pays the MODT stamp duty Rajasthan levies on Rs 40 lakh only.

The ceiling matters more than the percentage for anyone borrowing at the upper end. Because the stamp duty caps at Rs 50,000, the 0.5 percent rate stops applying once the loan crosses Rs 1 crore. The registration fee caps at the same loan size. So the maximum MODT registration charges Rajasthan can levy on any single home loan is Rs 60,000, whether you borrow Rs 1 crore or Rs 4 crore.

How to Calculate MODT Charges

The arithmetic behind any MODT charges calculator is straightforward. Take the sanctioned loan, apply 0.5 percent, apply 0.1 percent, add the two, then check both against their caps.

Anyone hunting for a MODT charges in Rajasthan calculator online will find tools that produce these same figures. Run the numbers yourself first, then compare against the bank's cost sheet. Small nominal costs get added on top, and knowing the base figure lets you question anything that looks inflated.

MODT Charges in Jaipur: A Worked Example

Take a couple buying a 3 BHK in Jagatpura at Rs 85 lakh, funding it with a Rs 60 lakh loan from a nationalised bank.

Their mortgage charges in Rajasthan work out to Rs 30,000 stamp duty and Rs 6,000 registration fee, so Rs 36,000 in total. That is separate from what they pay on the sale deed, where the state charges stamp duty of 6 percent for male buyers and 5 percent where the property is registered in a woman's name, plus a 20 percent labour cess on the duty and a 1 percent registration fee. Our detailed breakdown of stamp duty in Rajasthan covers that side of the transaction in full.

MODT charges in Jaipur follow the same schedule as the rest of the state. There is no city-specific loading, so a borrower in Jodhpur, Kota or Udaipur pays identically on the same loan size.

MODT Process in Rajasthan, Step by Step

The sequence rarely varies:

Registration itself usually takes a single visit and completes within two to four working days once the appointment is booked. Delays almost always come from missing documents rather than the office.

Where MODT Sits Among Your Other Costs

Buyers planning their funds should treat this as one of several charges that land close to possession, alongside legal fees, processing fees and the property registration charges Rajasthan levies on the sale deed itself.

The sale deed cost is driven by the DLC rate, since duty is calculated on the higher of your transaction value or the district rate notified for that locality. Checking the DLC rate in Jaipur for your specific area before you sign anything gives you a realistic figure rather than a guess. Home loan registration charges Rajasthan applies to the mortgage, by contrast, key off your loan and stay predictable.

Set aside roughly Rs 15,000 to Rs 60,000 for the mortgage side depending on your loan size, and you will not be caught short in the final week.

What Happens After You Repay the Loan

Clearing the loan does not automatically clear the record. The charge stays visible until you close it out.

Collect the original title deeds from the bank, obtain a No Objection Certificate, and ask for a deed of reconveyance or release. Take these to the Sub-Registrar to have the mortgage entry removed. Buyers who skip this step discover the problem years later, usually mid-sale, when a purchaser's lawyer flags an open charge on a loan that was repaid in 2019.

Getting it removed then is possible but slow. Doing it within a month of your last EMI takes an afternoon.

Points Worth Checking Before You Sign

Buyers comparing apartments in Jaipur across different projects sometimes forget that these costs scale with the loan rather than the price, so a larger down payment reduces them directly.

A Note on Choosing the Project

Clean paperwork at the mortgage stage depends almost entirely on clean paperwork at the developer's end. A project with a clear title, a valid RERA registration and an approved layout moves through the Sub-Registrar's office without friction. One with pending approvals does not, and your lender will hold disbursal until the file is complete.

This is where the choice of developer stops being a matter of amenities. Among top builders in Jaipur, Sankalp Group maintains RERA registration and clear titles across its residential portfolio, which is what allows bank legal teams to clear a file quickly. If you are evaluating flats in Jaipur with a home loan in mind, ask for the title documents and the RERA number on your first visit. It is the single best predictor of how smooth the last two weeks of your purchase will be.