Insurance is like a spare tyre. You may not require it, but not having one is not an option.
  • Steps Involved in Two Wheeler Ownership Transfer

     4.5 / 5.0   by 3012 users
    Used this product? Write a review >>

    Cashless Treatment

    Fees & Charges

    Promised Interest Rate

    Plan Benefits

    Policy Coverage

    Customer Service

    Medical Coverage

    Claim Experience

    Responsiveness

    When you buy a used two-wheeler, there are certain things you should keep in mind. The transfer of vehicle ownership requires you to follow a specific process that primarily involves transfer of vehicle ownership and transfer of insurance policy while intimating the RTO about the same. Also, there is certain paperwork involved in the process which is very crucial in order to successfully register the vehicle in your name.

    Steps Involved in Two Wheeler Ownership Transfer
    Bike Insurance Transfer Form & Transfer Fees

    If you are looking to transfer the ownership of a bike or scooter, you can draft an application and present it at the RTO office at which the particular two wheeler is registered. To be eligible for a two wheeler ownership transfer, there must be a purchase of a second-hand vehicle in which case the buyer may apply for the transfer of ownership, or the death of a registered owner of a vehicle in which case the application must be drafted by the legal heirs of the deceased owner.

    In case a two wheeler is transferred to another individual who resides in the same state as the owner, the owner must report details regarding the transfer to the pertinent registering authority within two weeks of the transfer. In case a two wheeler is sold to an individual who resides in a different state as the owner, the concerned authority must be notified about the transfer by the seller within 45 days after the transfer. The concerned authority must also be notified by the purchaser about the transfer within 30 days after buying the two wheeler. In case the owner of a two wheeler has died, the individual who has acquired the bike or scooter must inform the concerned authority with 30 days, and must apply for a transfer of ownership within three months.

    Documents Required for Transfer of Ownership of Two Wheelers in case of Sale / Purchase

    Following are the forms you will have to fill for a transfer of ownership in case a vehicle is sold / purchased between two parties:

    • Two copies of Form 29 must be filled up and attested with seller’s signature.
    • Form 30 must be filled up along with the seller’s as well as purchaser’s signature with the chassis print affixed.
    • In case of transport vehicles, Form TCA, TCR must also be filled up.
    • NOC should be produced if the vehicle is bought from another RTO / region.
    • NOC from entry tax must be produced if the vehicle is transferred from another state and the age of said vehicle is less than 30 months.
    • NOC from financier, if any, should also be produced to the registering authority.
    • All valid documents of the two wheeler must also be submitted along with the registration fee as mentioned in Rule 81 of the Central Motor Vehicle Rules 1989. The documents may include emission certificate, first registration certificate, valid two wheeler insurance, the address proof of the transferer and three passport sized photographs.

    Documents Required for Transfer of Ownership of Two Wheelers in Case of Owner’s Death

    • Form 30 should be filled up and submitted with the chassis print affixed.
    • Form 31 must be filled up.
    • Form TCA, TCR should be filled up in case of transport vehicles.
    • The Death Certificate of the owner of a two wheeler must be produced to the registering authority.
    • A Succession Certificate, an Affidavit from Successor and NOC from the financier, if any, must also be produced.
    • All the valid documents of the two wheeler must also be submitted along with the registration fee as mentioned in Rule 81 of the Central Motor Vehicles Rules 1989.

    Procedure for Transfer of Ownership of Two Wheelers

    • Following is the process to complete the transfer of ownership of your bike / scooter:
    • Visit the Directorate of Transport.
    • Form 29 and 30 must be filled up and submitted along with the registration certificate, emission certificate, valid insurance, fitness certificate (for transport vehicles only) and an up-to-date tax card.
    • An original address proof must also be submitted by the seller of the vehicle along with three passport sized photographs.
    • The concerned registering authority will verify the documents and the insurance policy of the seller will be transferred to the transferee. However, the transferee must ensure that the document is transferred in his name within 14 days.

    Two Wheeler Ownership Transfer Fees

    You may submit the documents mentioned above to the RTO officer who will verify your details and put his signature on the application. You can then pay the fee and submit your documents to the clerk who will provide you with the acknowledgement receipt. Here is the applicable fee for bike ownership transfer. The cost may vary based on the RTO where you wish to register the vehicle.

    Particulars Fee
    Transfer Fee Rs.30-35 (Based on the RTO)
    Smart Card Fee Rs.200
    Total Rs.230-235

    Cost Involved In Submitting The Address Proof

    In case the buyer of the vehicle has only their rental home agreement as the address proof, they will need a stamp paper of Rs.20 from the notary along with a HR letter from their company/firm stating their current residential address.

    Transfer of Insurance And Applicable Fee

    Apart from transferring the vehicle ownership, the insurance policy also needs to be transferred in your name. The process would involve the following steps:

    Transferring Insurance Policy And Applicable Fee

    • Once you receive the new RC book from the RTO, you may visit the insurance office within two weeks and submit your application for the transfer of ownership.
    • Approach the bike insurance company and intimate them about the purchase.
    • You will be required to update your personal details with the insurer in the existing policy of the vehicle.
    • Documents required: Original insurance document, current address proof, 2 passport sized photos, a copy of the RC Book.
    • The vehicle may also be inspected at the time of insurance transfer.
    • Transfer of insurance policy will cost you about Rs.50. You must collect the receipt of the same along with the new insurance document in your name from the insurer.

    Steps Involved in Two Wheeler Ownership Transfer Reviews

  • Page 1 of 50 1 2 3 4 5
    • Shriram Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I have a two wheeler insurance with Shriram general insurance from last 8 months, i am happy with the coverage value of this insurance policy. A premium of Rs 3200 has to be paid for 1 year for this policy. I have not claimed anything so far from this insurance policy.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 17, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good Policy"
      0.5 5.0/5 "Blown Away!"
      I have a two wheeler insurance with Bajaj Allianz from last 1 year, i am happy with the coverage value of this insurance policy. I have not claimed anything so far from this insurance policy. I am not aware of the premium amount of this insurance policy.
      Was this review helpful? 1
      , new delhi
      Reviewed on Aug 17, 2018
    • L and T Two Wheeler Insurance
      "Good Policy"
      0.5 3.0/5 "Satisfactory"
      I have my two wheeler insured with L& T insurance from last 6 months, i pay a premium of Rs 2600 and the amount gets auto debited from the salary account. I have not claimed anything so far with this insurance. The coverage value and plan benefits are good in this policy.
      Was this review helpful? 1
      , chennai
      Reviewed on Aug 17, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Average Service"
      0.5 4.0/5 "Great!"
      My bike is insured with the ICICI Lombard General Insurance. I have paid 5100 for first three years, the policy covers the entire bike and they also offered an IDV value 85000. I do not have any claim experience with the policy.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 16, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Best Policy"
      0.5 5.0/5 "Blown Away!"
      I have taken two wheeler insurance from Bajaj allianz insurance policy , i got this policy through the showroom where i got the two wheeler . Am satisfied with the premium amount which am making the payments its has good coverage . The good about their service is they used to remind the customers for renewal .
      Was this review helpful? 3
      , bangalore
      Reviewed on Aug 13, 2018
    • Oriental Insurance Two Wheeler Insurance
      "Good Service"
      0.5 4.0/5 "Great!"
      I've a bike insurance policy with the Oriental Insurance Company. I am paying a premium of 1200, I do have a claim experience with the policy where I was able to claim 15000-16000. The whole claim process was easy and hassle free. Overall ti has been a good experience with the services.
      Was this review helpful? 2
      , chennai
      Reviewed on Aug 13, 2018
    • Iffco Tokio Two Wheeler Insurance
      "Best policy"
      0.5 5.0/5 "Blown Away!"
      I have my two wheeler insured with IFFCO TOKYO from last 3 years, my claim experience with this insurance was good and they covered 60% which is satisfactory. A premium of Rs 1600 has to be paid for this insurance policy and i am happy with the plan benefits of this policy.
      Was this review helpful? 4
      , kolkata
      Reviewed on Aug 09, 2018
    • New India Two Wheeler Insurance
      "Good Service"
      0.5 4.5/5 "Excellent!"
      My bike is insured with the new India Assurance. I am paying the premium of 1000 per year. There is no claim experience with the policy. I haven't faced any issues with the policy so far. As long as there is no claim experience I am not able to portray their service in a correct manner.
      Was this review helpful? 6
      , hyderabad
      Reviewed on Aug 04, 2018
    • National Insurance Two Wheeler Insurance
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I've been using the Bike Insurance Policy from the national insurance. I am paying a premium of 1500 per year. There hasn't been any claims for this policy. So far I haven't faced any issues with their services. I'll have to wait and see how they respond to my claims in future if I will have any.
      Was this review helpful? 1
      , kochi
      Reviewed on Aug 04, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler insurance policy is with ICICI lombard from last 1 year, i am happy with the plan benefits and policy coverage of this insurance policy. I have not claimed anything so far from this insurance policy and i pay a premium of Rs 3000 every year.
      Was this review helpful? 4
      , bangalore
      Reviewed on Jul 31, 2018
    • HDFC Ergo Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler is insured with HDFC ERGO from last 2.5 years, i am happy with the coverage value and plan benefits of this insurance policy. I pay a premium of Rs 1150 for this insurance policy and i have not claimed anything so far from this insurance.
      Was this review helpful? 5
      , lucknow
      Reviewed on Jul 31, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I've been using the Bike Insurance policy from the ICICI Lombard. The premium is 3600 per year, the policy covers only metal parts. The premium got increased, I do not have claim experience. I make the premium payments via the agent.
      Was this review helpful? 7
      , bangalore
      Reviewed on Jul 28, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good policy to have"
      0.5 4.0/5 "Great!"
      I have made the premium of Rs. 4500 for 1 years. Cashless service is available because its a 1 year old bike. I have not utilized their service. I can claim upto Rs. 1.80 lakhs. Cashless service also available. I have never spoke with the customer care service so far. Its a third party insurance policy.
      Was this review helpful? 6
      , bangalore
      Reviewed on Jul 26, 2018
    • Bharti Axa Two Wheeler Insurance
      "Average Service"
      0.5 4.0/5 "Great!"
      My Bike is insured with the Bharti Axa Insurance company. I am paying a premium of 1200 per year, the policy covers entire bike. I've been using the policy for the past 4 years and I do not have any claim experience with the policy so far.
      Was this review helpful? 5
      , kolkata
      Reviewed on Jul 26, 2018
    • Tata AIG Two Wheeler Insurance
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      My bike is insured with the Tata AIG . I am paying a premium of 1200 per year, it also has got Zero depreciation. I do not have any claim experience with the policy so far. Considering the premium I pay it is a recommendable policy to have.
      Was this review helpful? 6
      , new delhi
      Reviewed on Jul 26, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Average policy"
      0.5 4.0/5 "Great!"
      I am taken this policy nearly one year back from Bajaj. I don't have any claim experience so far. I'm not aware of the plans and benefits of this policy. I have paid the premium amount of Rs. 3300. I'm not aware of the bumper to bumper option. The premium amount is quite high when i compared with other companies.
      Was this review helpful? 5
      , bangalore
      Reviewed on Jul 25, 2018
    • New India Two Wheeler Insurance
      "Good Service"
      0.5 4.0/5 "Great!"
      I've been using the New India Insurance bike policy for a while. I am paying a premium of 1500 per year, the policy covers the entire bike. I do not have any claim experience with the policy so far. I am paying the premium mostly online.
      Was this review helpful? 3
      , bangalore
      Reviewed on Jul 25, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Best policy"
      0.5 5.0/5 "Blown Away!"
      I have taken two wheeler insurance from ICICI Lombard general insurance for this. I made the payment for monthly through on-line banking . Customer service and response is good . It has good policy coverage with good policy benefits like vehicle towing and cashless garage.
      Was this review helpful? 5
      , new delhi
      Reviewed on Jul 25, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I have my two wheeler insured with ICICI lombard from last 12 years, i am happy with the coverage value of this insurance policy. A premium of Rs 1000 has to be paid for this insurance policy. I have no claim experience so far with this insurance policy.
      Was this review helpful? 4
      , chennai
      Reviewed on Jul 25, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Service"
      0.5 4.0/5 "Great!"
      My bike is insured with the ICICI Lombard General Insurance. I am paying a premium of 3000 per year, the policy covers the entire bike and it also offers accidental benefits. The premium is little bit on the higher side and there hasn't been any claim made till date.
      Was this review helpful? 6
      , noida
      Reviewed on Jul 24, 2018
    Common Loader Icon
    Page 1 of 50 1 2 3 4 5
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.