| Category | Details |
|---|---|
| Circular Reference | CDSL/OPS/DP/SETT/2025/633 |
| Issuing Authority | Central Depository Services (India) Limited (CDSL) |
| Date / Window Period | September 18, 2025 (effective from issue date) |
| Reason Behind Circular | – Align with SEBI Circular SEBI/HO/DEPA-II/DEPA-II_SRG/P/CIR/2025/86 (June 11, 2025) and to ensure use of exclusive and validated UPI IDs by intermediaries to enhance convenience, transparency, and fraud prevention while paying stamp duty. – To enable Beneficial Owners (BOs) to pay stamp duty to CDSL for off-market or invocation transactions using valid UPI handles to provides faster and digital payment options, reduces reliance on NEFT/RTGS/IMPS, and ensures SEBI compliance. |
| Interpretation for clients (BOs) | – Client have a faster and digital payment mode which lowers the error risk as compared to NEFT/RTGS. – Client must ensure payment only through the official UPI handle ( cdsl.stamp.dep@validhdfc) to avoid fraud and verify depositor details before paying. Learn more about paying stamp duty.– Client must note and retain Order ID for tracking and refunds. – UPI method is optional; earlier mrthods of paying stampduty through NEFT/RTGS/IMPS remain valid. |
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