AUTHORISATIONS & DECLARATIONS

Indemnity Bond

Banks and authorities ask for an indemnity before issuing a duplicate document, releasing funds without the original paperwork, or acting on your instructions. Buyers and landlords may ask for one to cover a specific risk. State the matter precisely and cap the amount.

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Indemnifier (who gives the indemnity) *

Indemnifier is

Indemnifier address *

Signed by (name & designation) *

Beneficiary (who is protected) *

Beneficiary is a

Beneficiary address *

What the beneficiary is doing at your request *

Maximum indemnity amount (₹) *

Days to pay after written demand

Indemnity remains in force

Place *

Date *

Laws this relies on

Indian Contract Act, 1872 · Section 124A contract of indemnity is a promise to save another from loss caused by the promisor or any other person.
Indian Contract Act, 1872 · Section 125The indemnity-holder may recover damages, costs and authorised compromise sums paid in a suit within the indemnity.
State Stamp ActIndemnity bonds attract stamp duty fixed by each state.

How to execute

Print on stamp paper, sign, and get it attested by a Notary.

Execute on non-judicial stamp paper (or e-stamp) of the value your state prescribes for an indemnity bond, sign before a Notary with two witnesses. Banks often supply their own format — use theirs if they insist. Stamp duty and the stamp-paper value vary by state — check your state Stamp Act (or use e-stamping through SHCIL where available) before execution.

Click anywhere in the letter to edit it. Changes to the form keep flowing in.

This is a general template, not legal advice. Laws, stamp duty and procedures vary by state and change over time — have a qualified advocate review it for your facts before signing or sending.