A transfer of ownership of any two-wheeler is necessary to avoid the future complications regarding registrations, insurance policies, etc. It is mandatory under Indian law of Motor Vehicle Act, 1988. Make sure you are paying the right price for your new bike after considering the below:
- The history of the two wheeler is very important, do a thorough check on background of the bike and the owner if not then you will land yourself in trouble in case of any mishap.
- Ask the seller to show all the maintenance records and service book because only a well serviced bike is worth buying.
- Check the speedometer to know the distance travelled,the insurance policy to know if there were any claims from the seller or on the seller. This will help you find if there were any legal proceedings on the vehicle.
- Check for scratches, dents, frame of the vehicle, oil level, head lights, indicators and all the other extra fittings or accessories.
- Scratches or minor damages are quite common with used vehicles; but if you check properly this might help you in negotiating the cost of the vehicle.
- Do a test drive to check different controls of the two wheeler, driving on mud roads or bad roads, slopes, etc. Importantly check for the emission levels.
Steps to follow for transfer of ownership of the bike:
- The buyer should submit an application for transfer of bike’s ownership at the same RTO where the bike was initially registered.
- Submit Form 29 and Form 30 at the Directorate of Transport office with other original documents like RC, insurance, emission test, tax paid receipts, address proof of the seller, 3 passport sized photographs, etc.
- After the verification from the registering authority, the documents of ownership along with the insurance of the two wheeler will transferred to the new owner within 14 days.
- If the buyer resides in the same state as the seller, then the buyer has to report all the transfer details to the registering authority within two weeks. If both the parties are residing in different states, then the buyer will have 45 days’ time to report to the registering authority about all the details pertaining to the transfer.
- If the owner of the bike has died due to an unfortunate incident, then the buyer or legal heir of the 2 wheeler must inform the registering authority with required documents and death certificate within 30 days. After this he/she must apply for ownership transfer within 3 months.
Above is the general procedure for two wheeler transfer. Below are the two cases where documents required for each of them is different:
Documents required for bike transfer in normal sale and purchase:
- Form 29 should be filled along with seller’s signature: 2 copies.
- Both the parties have to sign on Form 30 along with chassis print: 1 copy
- If the two wheeler is brought from another region or RTO then he/she must produce a NOC. If the vehicle is transferred from a different state, then NOC of entry tax must be produced. The said vehicle in this case must be less than 30 months old.
- If it is a transport vehicle like a Lorie, Truck etc. Then Form TCA and TCR should be filled.
- If the 2 wheeler has been bought on loan by the seller, then a NOC by the banker or financier must be produced to the registering authority at the time of transfer.
- Original RC, insurance, emission test, tax paid receipts, address proof of the seller, 3 passport sized photographs, etc. 1 copy each of the seller should be submitted. According to Rule 81 of the Central Motor vehicles Rule, 1989, these above documents are to be submitted with a registration fee to the registration authority.
Documents required for bike transfer in case of the owner’s death:
- Both the parties have to sign on Form 30 and Form 31 (to be signed only by the seller) along with chassis print: 1 copy
- If it is transport vehicle like Lories, Trucks etc. The Form TCA and TCR should be filled.
- Death certificate of the owner.
- An affidavit form successor and succession certificate also to be produced along with NOC from the banker if it was purchased on loan.
- Original RC, insurance, emission test, and tax paid receipts, address proof of the seller, 3 passport sized photographs, etc. 1 copy each of the seller should be submitted. According to Rule 81 of the Central Motor vehicles Rule, 1989, these above documents are to be submitted with a registration fee to the registration authority.
Now that you are aware of the procedure and documents required make sure that you have all the documents required for insurance transfer as well. It might be a second-hand bike that you are purchasing but when you bring it home, it’s as good as your new 2 wheeler. So what are you waiting for! start take your new motocycle and start riding it. It’s time for vroom vroom!