Pune Municipal Corporation (PMC) - Overview

PMC property tax is a mandatory levy for property owners in Pune under the Pune Municipal Corporation. Learn how to calculate, pay, and avail discounts on PMC property tax with ease.
Loan Against Property
3 min
28 October 2024
Pune Municipal Corporation (PMC) is responsible for the governance of Pune, Maharashtra, and plays a vital role in the maintenance and development of the city. Among its many functions, the PMC collects property taxes from citizens to fund public services, including infrastructure, health, and sanitation. Property owners in Pune must be aware of how to calculate and pay their PMC property tax on time to avoid penalties and enjoy possible rebates.

PMC property tax can be daunting for first-time payers, but it’s straightforward once you understand the process. With easy online access, you can now check your property’s tax status and pay it without visiting a government office. Whether you’re a new property owner or someone looking to refinance your property, understanding the PMC property tax process is key.

If you're considering leveraging the value of your property, Bajaj Finance offers an excellent Loan Against Property option, providing a hassle-free experience with competitive interest rates.

What is PMC Property Tax?

PMC property tax is a levy imposed by the Pune Municipal Corporation on property owners to fund essential public services and infrastructure development. The tax applies to all residential, commercial, and industrial properties within PMC limits. Property tax rates are determined based on the property’s location, usage, and size, ensuring that larger and more valuable properties contribute more towards the city's development.

PMC property tax payments are mandatory, and failing to pay on time can result in penalties or legal action by the authorities. The funds collected go toward maintaining essential services like roads, streetlights, parks, and waste management systems, making timely payment crucial for all citizens.

How to Check if Your Property Falls Under PMC Jurisdiction?

To check if your property falls under PMC’s jurisdiction:

  • Visit the official PMC website.
  • Navigate to the property section or use their interactive map tool.
  • Enter your property’s details like address or property ID.
  • Check the jurisdiction status to confirm if PMC property tax applies to your property.
For more details on the property tax system, visit our comprehensive guide on property tax.

How to Pay PMC Property Tax Online?

Paying PMC property tax online is simple. Follow these steps:

  • Visit the official PMC property tax website.
  • Click on the “Pay Property Tax Online” link.
  • Enter your property details or property tax number.
  • Review the amount due and select the payment method.
  • Complete the payment via net banking, UPI, or debit/credit card.
  • Download or print the receipt for your records.

Payment Methods for PMC Property Tax

  • Net Banking: Use your bank's net banking platform to complete the payment.
  • Debit/Credit Cards: Enter your card details for an instant transaction.
  • UPI: Quick and hassle-free payment through UPI apps like Google Pay or PhonePe.
  • Demand Draft: Offline payment through a demand draft is also accepted.

PMC Property Tax Payment Deadlines & Penalties

PMC property tax must be paid annually, with deadlines typically falling between March and June. It's crucial to check your specific due date on the official PMC website. If payment is not made by the deadline, PMC imposes penalties that could be as high as 2% interest per month on the outstanding amount. Additionally, non-payment may result in legal actions, and in extreme cases, PMC can even attach the property for recovery of dues.

PMC Property Tax Calculation Guide

PMC property tax is calculated based on a variety of factors, including the area, usage, type of construction, and age of the property. Here's a simplified table for calculation:

FactorsCalculation Details
Area (sq. ft.)Depends on the size of the property
Property TypeResidential, commercial, or industrial
UsageOwner-occupied or rented
Age of PropertyNew properties typically have lower tax rates
Location (Zone)Prime locations attract higher tax rates


You can also use PMC’s online property tax calculator to get an estimate for your property tax.

Discounts & Rebates on PMC Property Tax

  • Early Payment Discounts: PMC often offers a 10-15% discount for those who pay their property tax before the deadline.
  • Rebate for Women Property Owners: Female property owners can avail of a 10% rebate.
  • Green Building Discounts: Properties that adhere to environmentally sustainable practices are eligible for tax rebates.

Steps for Late Payment of PMC Property Tax

If you've missed the PMC property tax deadline, here's how to make a late payment:

  • Visit the official PMC property tax website.
  • Enter your property details to check the outstanding amount with penalties.
  • Choose the “Late Payment” option.
  • Complete the payment online via net banking or other available methods.
Paying PMC property tax is a civic responsibility that supports the city's development. By paying on time, you can avoid penalties and even enjoy rebates. For those facing financial crunches, leveraging your property’s value through Bajaj Finserv Loan Against Property can provide the funds you need without selling your asset. Explore the options and stay informed to make the best financial decisions for your property.

Frequently asked questions

Are there any discounts or rebates for paying PMC property tax early?
Yes, PMC offers a discount of 10-15% for early payments, typically available for property owners who settle their dues within the first quarter of the year.

Which properties are exempt from paying PMC property tax?
Certain properties, including government-owned buildings, religious institutions, and properties used for charitable purposes, are exempt from paying PMC property tax.

How can I download my PMC property tax receipt?
After completing your online payment, you can download your receipt from the PMC portal. Simply log in, go to the payment history section, and click “Download Receipt” next to your transaction.

Show More Show Less

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements, and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.