Searching for security deposit rules India? This 2026 landlord guide explains deposit limits, refund timelines, deductions, dispute handling and compliance under the Model Tenancy Act.
A security deposit is an advance amount collected by landlords to safeguard against unpaid rent, property damage or contract violations. It is refundable subject to deductions.
Under the Model Tenancy Act:
Landlords must refund the security deposit within 30 days after adjusting legitimate dues.
Most disputes occur due to lack of documentation. Always conduct move-in and move-out inspections with photographs and written condition reports.