Many second-hand two-wheelers are sold in India on a daily basis. When selling a second-hand two-wheeler, the ownership is to be transferred from the seller to the buyer. It is important for the buyer to get it inspected by the third-party before buying it. When the ownership of a two-wheeler vehicle is transferred, there is documentation that needs to be completed.
The Process of Transferring Two-wheeler Ownership
- First, the applicant is required to draft an application to the RTO where the two-wheeler has been registered originally.
- The two-wheeler is eligible for a transfer only if there is a buyer readily available to buy the two-wheeler or the owner of the two-wheeler is deceased. In this case, an application has to be submitted by the legal heir of the owner of the two-wheeler who is now deceased.
- If the transfer of the ownership of the two-wheeler is being done within the state, the transfer has to be reported within two weeks to the authorities concerned. If the transfer is taking place outside the state, officials have to be informed about the ownership transfer within 45 days.
- It is also mandatory for the buyer to inform authorities about the purchase of the vehicle within 30 days of the ownership transfer.
- In case the owner is deceased, the legal heir of the deceased owner has to inform the authorities about the transfer of ownership within 30 days of the demise of the owner. Also within 3 months the transfer of the ownership, it should be reported to the registering authority.
- Visit the nearest RTO Office (Regional Transport Office) near you.
- Fill Form 29 and Form 30 and submit it. In addition to this, also submit the registration certificate, emission certificate, valid insurance, fitness certificate (for transport vehicles only) and an up-to-date tax card.
- The original address proof of the applicant along with three passport size photographs.
- The insurance certificate of the vehicle is also to be transferred in the name of the new owner within 14 days of the transfer of the ownership.
Here is the Documentation Checklist
- Registration certificate: During the transfer of ownership of the vehicle, the registration certificate has to be handed over by the seller to the buyer. The registration certificate is the document that acts as the proof that the vehicle is the property of the seller.
- Pollution Certificate: This document certifies that the vehicle passes all the criteria for pollution control and is fit to be driven on the road. This document is mandatory.
- Insurance Certificate: This document is also mandatory. Without the insurance certificate, the Regional Transport Office (RTO) will not allow the vehicle to be registered. It is the responsibility of the buyer to call the insurance company and ask for the insurance certificate to be transferred in his or her name.
- Forms: There are certain forms that need to be submitted so that the ownership of the two-wheeler can be completed. They are:
- Form 28: Form 28 is the No Objection Certificate. The seller has to submit three copies of the same to the RTO in his or her region.
- Form 29: Form 29 lets the RTO know about the sale of the two-wheeler to the buyer. Two copies of Form 29 are to be submitted to the RTO.
- Form 30: Form 30 is to be submitted to the RTO by the buyer. Two copies of the same are to be submitted to the RTO.
It is the responsibility of the buyer to ensure all the documents provided by the seller to the buyer are genuine.
Documents Required for Transfer of Ownership of two-wheelers in Case of Owner’s Death
- Form 30. It should be filled completely with the correct details in addition to affixing a chassis imprint.
- Form 31.
- Form TCA, TCR is required to be filled if the two-wheeler is a transport vehicle.
- If the owner of the two-wheeler is deceased, the death certificate is to be produced to the authorities.
- The succession certificate, affidavit from the previous owner of the vehicle and the NOC from the financer is also required.
- All the papers of the vehicle in addition to the registration fee levied by the authorities. The fee will be charged as it is mentioned in Rule 81 of the Central Motor Vehicles Rules 1989.
Two-wheeler Ownership Transfer Fees
The two-wheeler ownership transfer fees are as follows:
- The transfer fee levied by the RTO for transfer of ownership is Rs.30 to Rs.35 based on the state.
- The smart card fee levied by the RTO is Rs.200.
- This brings the total amount to Rs.235.
Transferring the Insurance Certificate of the Two-wheeler
The process involved in transferring the insurance certificate of the two-wheeler is as follows:
- After transferring the ownership of the vehicle and getting it re-registered, the new owner of the two-wheeler has two weeks to transfer the insurance certificate in his or her name.
- Next, the new owner has to approach the insurance company and intimate them about the purchase of the vehicle.
- The new owner will be required to update his or her personal details with the insurer.
- The documents required to complete the transfer of the insurance certificate to the new owner are original insurance document, current address proof, 2 passport sized photos, a copy of the RC book.
- At the time of the transfer of the insurance certificate of the two-wheeler, it will be examined by the insurer.
- The charge levied for the transfer of the insurance certificate is Rs.50. The receipt of the transfer has to be collected by the new owner along with the insurance certificate.
FAQs on Two-Wheeler Ownership Transfer
Is it mandatory to have an active insurance policy for the vehicle at the time of changing ownership?
Yes, it is absolutely necessary for the vehicle to have an active insurance policy at the time of changing ownership. The registration certificate or RC cannot be transferred to the new owner without that.
Can I transfer my third-party insurance policy at the time of changing ownership of my vehicle?
Yes, the third-party insurance policy associated with a vehicle can be transferred at the time of changing the ownership of the vehicle.
How long do I have to wait for the ownership of my two-wheeler to be transferred to the new owner?
It generally takes about 20 days to 60 days to change the ownership of a vehicle and register it in the name of the new owner. It depends on a number of factors including the RTO location and the geographical location of the transfer.
I want to sell my bike and transfer the ownership to the new owner of the vehicle. How much fee will I be charged for the same?
The charges applicable to the transfer of ownership of a two-wheeler from one owner to another owner is Rs.150, provided the transfer is being done within the same RTO.
Is it mandatory to provide a NOC at the time of transferring the ownership of a bike or scooter from one owner to another owner?
Yes, it is mandatory to provide a NOC or No Objection Certificate at the time of transferring the ownership of a bike or scooter from one owner to another owner. You might be required to provide multiple NOCs as well in case of inter-state ownership transfers.
Which is the Form which is used as No Objection Certificate?
Form 28 is used as the No Objection Certificate.
Where can I get the Form 28 to apply for a No Objection Certificate?
You can download the Form 28 from the official RTO website. This form has to be filled up and submitted at the concerned RTO along with the other required documents. The NOC will be issued once the police verification process is complete and the Audit Paras is cleared.
When I transfer the ownership of my vehicle, can I also transfer the NCB benefits of my insurance policy related to the vehicle?
No, you cannot transfer the No Claim Bonus or NCB benefits in relation to your insurance policy to the new owner of the vehicle.