Odisha Stamp Duty Exemption for Loans
Industries Department, Government of Odisha · Central government
Odisha industrial units can claim full stamp duty exemption on loan agreements, credit deeds, mortgages and hypothecation deeds.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
Odisha's Industrial Policy Resolution 2022 sets out to encourage industrial expansion and draw investment into the state. Clause 4.5.1.i of the policy extends a notable concession: loan agreements and associated financial deeds are fully exempt from stamp duty — a 100% waiver.
The exemption applies to Industrial Units, easing the cost burden they face when borrowing from banks or financial institutions. Lowering the overheads attached to securing business credit helps these units obtain capital more easily, which in turn supports capacity expansion, adoption of new technologies and job creation.
Through this clause, the state signals its intent to maintain a business-friendly climate and to safeguard the financial position of its industrial base. The measure is designed to reduce the transaction costs borne by enterprises, strengthening Odisha's appeal as a location for industrial development.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Odisha
- Open to Industrial Units in Odisha
How to apply
To claim the Stamp Duty Exemption for Loan Agreements under the Industrial Policy Resolution 2022 Odisha, Industrial Units must:
- Consult the detailed guidelines laid out in Section 4.5.1.i of the Industrial Policy Resolution 2022. - Assemble the complete set of documents required for their loan agreements, credit deeds, mortgages and hypothecation deeds. - Satisfy every condition laid down in the wider Industrial Policy. - Submit an application for the exemption following the procedure prescribed by the Government of Odisha, Industries Department — in practice, this means filing a formal application with the relevant district or state authority either before or at the time of executing the financial deeds. - Note that the implementing authority generally supplies the specifics of the application process, usually via a portal or a designated office.
How applications are assessed
Under the Industrial Policy Resolution 2022, this exemption operates as an entitlement rather than the outcome of any competitive selection. An industrial unit that satisfies the policy's criteria for 'Industrial Units' and executes the specified financial deeds in Odisha may claim the 100% stamp duty exemption. Verification is expected to cover the unit's industrial status and the type of financial instrument involved.
Frequently asked questions
What specifically does the stamp duty exemption cover?
Loan agreements, credit deeds, mortgages and hypothecation deeds that industrial units execute in favour of banks or financial institutions all fall within the exemption.
Who is eligible to claim this exemption?
Any industrial unit operating in Odisha may claim the stamp duty exemption in full.
Is there a maximum limit to the exemption amount?
The full applicable stamp duty is waived, so no duty is payable on any loan amount. No ceiling on the exempted duty value is specified.
How does this benefit industrial units?
Removing stamp duty on key loan documents cuts the upfront expense industrial units face, which lowers the cost and difficulty of raising finance for operations, expansion and investment.
Is this a cash grant or a reimbursement?
Stamp duty exemption means the industrial unit pays no stamp duty at all, so the amount that would otherwise have gone towards this charge stays with the business. It is a direct saving rather than a grant or a later reimbursement.
Does the program have an application deadline?
Under the Industrial Policy Resolution 2022, this exemption operates as a standing policy incentive and remains available on a rolling basis for as long as the policy stays in force. No separate application deadline applies to this benefit.
Sectors
- Stamp Duty Exemption
- Industrial Policy
- Odisha
- Regulatory Support
- Business Finance
Details last verified on 16 September 2026. Source: the issuer's published information.