Transferring ownership of a two-wheeler in India can be tricky for many people. To ensure an easy transfer of ownership, the process can be streamlined by being aware of the required methods and procedures. To make transferring bike ownership as simple as possible, this article will walk you through each step while emphasizing the necessary conditions and providing pertinent information.
Two-Wheeler Ownership Transfer: What Is It?
The legal procedure of transferring ownership of a two-wheeler vehicle from one person to another is called a “two-wheeler ownership transfer.” Ensuring the correct documentation and registration of the vehicle under the new owner’s name is vital. Establishing the new owner’s legal rights and obligations about the two-wheeler requires this transfer.
It is essential to start the ownership transfer procedure when a two-wheeler is sold or given to a new owner to prevent any issues later. Once the transfer is complete, the new owner takes on all associated liabilities and obligations and owns the vehicle legally.
When Is It Necessary To Transfer Ownership Of Two-Wheelers?
In a few circumstances, a transfer of bike ownership is necessary. These are some typical situations in which a transfer of ownership is required.
- Offering To Sell A Two-Wheeler – You have to give ownership of your two-wheeler to the buyer when you decide to sell it to someone else. It guarantees that the bike and all related liabilities pass to the new owner, who becomes legally liable.
- Purchasing A Second Hand Two-Wheeler – Starting the ownership transfer process is essential if you buy a used two-wheeler from someone. It enables you to prove that you are the vehicle’s legitimate owner and guarantees that it is registered in your name.
- Getting Or Having A Two-Wheeler As A Gift – When you acquire a two-wheeler as a present or inherit one from a family member, you must register ownership in your name. This procedure guarantees that you become the vehicle’s legitimate owner and can use all its features and obligations.
- Transferring Ownership Within The Family – It is crucial to finish the ownership transfer when passing a two-wheeler from one brother to another or from a parent to a child. It helps keep accurate records and guarantees the legal transfer of ownership.
Cost Of Transferring Bike Ownership
The following prices are due when bike ownership is transferred:
- The RTO receives ownership transfer fees in the range of ₹30 to ₹35. It could differ depending on the state.
- Additionally, the RTO charges ₹200 for smart cards.
Read More:- Documents Required to buy a New Two-wheeler in India
Documents Needed To Transfer Bike Ownership
You will need to acquire specific papers to start the ownership transfer process. The precise paperwork may change depending on your jurisdiction, but some typical ones are as follows.
- Original Registration Certificate (RC) – This paperwork certifies who owns the bike and is needed when transferring ownership to a new owner. Ensure that the motorcycle registration certificate is clear of liens and pending legal matters and is registered in the seller’s name.
- Valid Insurance Certificate – At the time of transfer, the bike must be covered by a valid insurance policy. Ensure the insurance is genuine and the requested length is covered.
- Sale Agreement – Draft a legally enforceable sale agreement that specifies the terms and conditions of the transaction, including the purchase price, the transfer date, and any other stipulations that may be required.
- Valid Pollution Under Control (PUC) Certificate – A PUC certificate is needed in many areas to ensure the bike satisfies the required emission limits.
- Proof Of Identity And Address – The seller and buyer must have legitimate identification, such as a passport, AADHAAR card, driver’s license, and proof of address, like a utility bill or rental agreement.
- FORM 28 – Certificate of No Objection.
- FORM 29 – Notice of transfer of bike ownership to the RTO, Form 29.
- FORM 30 – Transfer of Bike Ownership Report, Form 30.
Furthermore, further paperwork would be required if the vehicle’s owner passed away to make it easier for the Registration Certificate (RC) to be transferred to the legitimate heir. The following is covered in these documents.
- The owner of the bike must provide a death certificate as proof of death.
- The initial version of the RC document.
- a Certificate of Succession issued by a lawyer or another authorized body permitted to provide this kind of paperwork.
- When financing a two-wheeler with a loan, the provider will give a No Objection Certificate (NOC).
- Fully completed Forms 30 and 31.
- a copy of the auto insurance certificate that has been self-attested.
- Provide evidence of the new owner.
- An attestation copy of the PAN card or, if necessary, Forms 60 and 61.
Online Bike Ownership Transfer Process: A Detailed Guide
To apply online for a two-wheeler ownership transfer, follow these steps.
- STEP 1: Go to Parivahan Sewa’s website.
- STEP 2: Choose’ Vehicle-Related Services’ from the ‘Online Services’ page.
- STEP 3: Click the “Proceed” button after entering your vehicle’s registration number.
- STEP 4: Select ‘Miscellaneous’ (TO/CoA/HPA/HPS/HPT/DUPRC).
- STEP 5: Click “Generate OTP” after entering your mobile number.
- STEP 6: Click “See Details” after entering the OTP.
- STEP 7: Select “Transfer of Ownership” from the “Application Selection” section.
- STEP 8: Provide all required information under ‘Transfer of Ownership data,’ including the current address, permanent address, insurance information, and data about the new owner.
- STEP 9: Enter the ‘Payment’ area and input the necessary amount. Forms 29 and 30, as well as two payment receipts, will be generated following the completion of the online payment to transfer bike ownership.
- STEP 10: Hard copies of these documents need to be signed by all parties.
- STEP 11: Present the original registration certificate, insurance policy copy, PUC (Pollution Under Control) certificate, and other necessary documents to the new RTO (Regional Transport Office) in person or by mail.
How To Apply Offline For Ownership Transfer Of Two-Wheelers
When you’ve assembled all the required paperwork, it’s time to go to your area’s regional transport office (RTO). The oversight of vehicle registrations and ownership transfers is within the purview of the RTO. While at the RTO, adhere to these instructions.
1. Schedule An Appointment
Since many RTOs now need appointments, it’s best to do it online or through the official portal to save unneeded delays.
2. Fill Out The Application
Get the application for a transfer of bike ownership from the RTO or download it from their website. Complete the form thoroughly, including all necessary information.
3. Send In The Documents
Give the RTO officer the completed application form and any supporting documentation. Ensure you have copies of the necessary paperwork and the originals.
4. Pay The Fees
To transfer ownership, you must pay the relevant fees, including road tax, service charges, and other administrative expenses. Different fees may apply depending on the bike’s age, region, and engine size.
5. Verification And Inspection
The RTO officer will check the supplied paperwork and examine the bike in person. Verify the bike’s condition and compliance with established safety requirements.
6. Obtain The No Objection Certificate (NOC)
The local RTO may provide an NOC if you move the bike to a different state. This document attests to the fact that the bike is free of any outstanding debts, either financial or legal.
7. Transfer Of Ownership
The RTO will issue a new Registration Certificate (RC) in the buyer’s name upon completion of the verification process. Before departing the RTO premises, ensure all the information on the new RC is correct.
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Bike Ownership Transfer: F&Q’s & Information
These are some frequently asked questions about bike ownership transfers and their responses.
Can I Change The Ownership Of My Bike Without Going To The RTO?
No, visiting the nearby Regional Transport Office (RTO) is usually necessary for the ownership transfer procedure. It is imperative to adhere to the prescribed protocols to guarantee a smooth and lawful transfer of ownership.
How Would You Handle A Bike That Has An Unpaid Debt Or Insurance Claim?
Ensure all outstanding loans or insurance claims for the bike are paid off before starting the ownership transfer. The applicable financial institutions or insurance firms should provide the seller with the required clearance certifications.
How Much Time Does It Take To Transfer Ownership?
The local RTO’s effectiveness and the quality of the paperwork will determine how long the ownership transfer process takes. It’s best to allow enough time and make appropriate plans.
