Token / Bayana Receipt

Receipt for token money paid when booking a property. Free, no sign-up, and everything stays in your browser.

FreeNo sign-upYour details stay in your browser Draft template · GP-GEN-TOKEN-1.0

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About this document

A token (bayana) receipt records a small amount paid by a buyer to a seller to reserve a property while the full agreement is prepared. It should state who paid whom, how much, for which property, what happens to the money if the deal does not go ahead, and by when the sale is to be completed.

This is made in your browser and nothing you type is stored on our server. Aadhaar, PAN and transaction numbers are left blank for you to write by hand. For larger deals, move quickly to a proper agreement to sell.

Who signs: Seller (signs, receives the token), Buyer, and two adult witnesses.

Before you sign

  1. Check the seller's ID and ownership papers before you pay any token money.
  2. Pay by bank transfer or cheque so there is a record, and write the reference number on the receipt.
  3. Check the project or property status, including RERA registration for new projects, before paying.

After you print

  1. Both parties and two witnesses sign. Keep an original each.
  2. Move to an agreement to sell soon, with the full terms, rather than leaving the deal on a token receipt.

Frequently asked questions

Is token money refundable?

It depends on what you write. This template lets you choose between full refund if the sale fails for a reason not caused by the buyer, or leaving it to the agreement to sell. Whatever you choose, write it clearly before paying.

Can I pay token money in cash?

Cash payments of ₹2 lakh or more are restricted under the Income Tax Act. For any significant token amount use bank transfer or cheque.

Is this a lawyer-checked document?

This is a general draft template prepared from public government sources and common practice. It is not legal advice and has not been reviewed by an advocate. For high-value or unusual cases, please have an advocate check the final document.

Draft template, not legal advice. Version 1.0 (GP-GEN-TOKEN-1.0), General (all states), last reviewed 8 October 2026, next review due 8 April 2027. Prepared from public government sources and common practice. It has not been reviewed by an advocate. Laws, stamp duty and procedures change; please verify with the relevant government office. See our Disclaimer and Privacy Policy.