Latest E-STAMPING Facility at Our Bank

Now Pay Your Stamp Duty to the Government with ease.

Introducing Computerized Stamp Duty Administration System “E-Stamping”

The E-Stamping is state-of -the art technology System with a highly secured and tamper Proof Stamp Certificate with Unique Verifiable number Online.

For Detail, Visit Our Branches.

What is E-Stamping System?

The Central Govt. has recognized and appointed Stock Holding Corporation of India Ltd. (SHCIL) as the Central Record Keeping Agency (CRA) for Computerized Stamp Duty Administration System (CSDAS) and devise a mechanism for the electronic method of collection of stamp duty. E-Stamping system introduced by Stock Holding Corporation of India Ltd (SHCIL) is a web based system. The system seeks to replace the existing modes of issue of stamp papers by the State Governments through a highly secure and tamper proof Stamp Certificate with a Unique Identification Number (UIN), thereon which is verifiable.

What is Stock Holding Corporation of India Ltd. (SHCIL)?

SHCIL, one of the largest depository participants with over one million active retail customer base, deploys the state-of-the-art technology and uses highly advanced operating systems in its business operations. The customer has to just pay the stamp duty to ACC and within minutes through the system, he will get a printout of the stamp duty document. The printout is specially designed and tamper proof. This mechanism is simple, convenient, transparent, reliable, and secure and cost efficient.

Mechanism of E-Stamping Services:

Under the system, the clients can approach an Authorized Collection Centre (ACC) i.e. Authorized Bank’s authorized Branches, provide the requisite details for purchase of e -stamp certificates and remit applicable stamp duty. ACC enter the details in the e-Stamping system and print the stamp certificate after all the consistency checks are done and the money is accounted for. All ACC Centers i.e. Authorized Branches; transfer the stamp duty collected to the Nodal Branch of the state on the same day, which is to be transferred by Nodal Branch to SHCIL on T+1 day for their further transfer to concerned State Govt. Department.

E-Stamping at ALAVI CO OPERATIVE BANK LTD.

Stamping services is being offered in 2 Branches of ALAVI CO OPERATIVE BANK LTD of State of Gujarat i.e. Vadodara Branch, Head Office (Wadi chokhandi), Ajwa Road Branch (Ajwa Road).