What Is Over Speeding Fine?

Posted on: Apr 4, 2024 | 3 mins | Written by: HDFC ERGO Team

What Is Over Speeding Fine?

An overspeeding fine, often known as a speeding ticket, is a penalty levied on a driver who exceeds the permitted speed limit on a road or highway. The fine amount normally fluctuates based on the severity of the speeding violation, with greater speeds resulting in larger fines.

Over speeding fine

Fines for speeding are normally defined in India's Motor Vehicles Act. Penalties can include monetary penalties and, in some situations, the application of penalty points on the driver's licence, some of which can be taken care of with the help of ncb in car insurance .

As of 2019, the new Motor Vehicles Act has increased penalties for traffic rules violations in India. India has one of the highest numbers of traffic rule violations in the world, with more than five lakh recorded traffic rule violations every year. Resulting from these violations, more than 1.5 lakh people die annually and 3 lakh suffer from serious injuries; as reported by the Times of India.

As per the report ‘Road Accidents in India 2021’ by the Ministry of Road Transport and Highways Transport by the government of India, there has been a steady increase in the number of road accidents, as well as the fatalities caused by them. According to the report, States and Union Territories (UTs) recorded a total of 4,61,312 road accidents in 2022, resulting in 1,68,491 deaths and 4,43,366 injuries. This is an increase of 11.9% in accidents, 9.4% in fatalities, and 15.3% in injuries over the previous year.

This contrasts what has been reported in other developing nations such as China. Moreover, research indicates that if road traffic rules violations are not kept in check, the number of annual fatalities might increase to up to 250,000 by the year 2025.

As per the amendments to the new Motor Vehicles Act, breaking the speed-limit may lead to an overspeeding fine of up to Rs 1000 - 2000 for light motor vehicles, Rs 2000 - 4000 for heavy motor vehicles. The fine for the same violation was only Rs 400 as per the old traffic rules. It is essential to have car insurance to take care of liabilities caused due to overspeeding.

Conclusion

The new Motor Vehicles Act has increased the fines levied for traffic rules violations, such as overspeeding fine. Speeding tickets in India may be up to Rs 4000 and drivers may face additional penalties. Drivers must be aware of and follow imposed speed restrictions to promote road safety and avoid fines or other penalties.

Disclaimer: The above information is for illustrative purposes only. For more details, please refer to the policy wordings and prospectus before concluding the sales.

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