Overview
Under Section 124 of the Indian Contract Act, an indemnity is a specific contract by which one party promises to save the other from loss caused by the acts of the person executing the bond.
In property work, authorities routinely ask for an Indemnity Bond to protect themselves if a claim later arises.
When you need it
- Freehold conversion applications
- Mutation in DDA or MCD
- Lost or duplicate documents
- Bank and society formalities
Documents usually required
Open as checklist- Non-judicial / e-stamp paper of the required value (generally ₹100)
- ID proof of the executant
- Property and case details
- Witnesses and notary attestation, as required
This is an indicative list. Exact requirements depend on the property, the authority and your situation, and we confirm the full list after reviewing your papers.
How it works
- 1
Draft
The bond is drafted in the wording the authority expects.
- 2
Stamp
The correct stamp paper is purchased.
- 3
Attest
The bond is signed, witnessed and attested.