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Bike Ownership Transfer Charges and Process Explained

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Bike registration is crucial as it guarantees legal ownership of the bike. Often, people relocate or sell their bikes to their friends, family, or neighbours. Also, some people buy second-hand bikes. In this scenario, they must transfer the bike ownership to those they have sold it to. However, this process isn’t as easy as it seems. In this blog, we have decoded all the bike transfer charges that will help you plan your financial plan strategically.

What is Bike Ownership Transfer?

Along with insurance for bike, having a bike registration is also legally binding. Many people in India need help transfer ownership of a two-wheeler. However, understanding the essential stages and regulations can shorten the process and ensure a seamless transfer of ownership. The transfer of bike RC involves two factors. The first is an ownership transfer, whereas the second is a transfer from one RTO to another. The new owner takes legal bike ownership by completing the transfer and assumes all related duties and obligations.

Before beginning the ownership transfer, ensure all outstanding loans or third party bike insurance claims on the bike have been resolved. The seller should get clearance certifications from the appropriate financial institutions or insurance firms.

What are the Bike Transfer Charges?

Although the bike transfer charges are not high, there’s a certain amount that you need to pay the RTO office to have a seamless transfer process.

• For bike ownership transfer, the fees range from INR 30 to INR 35, depending on the state.

• In the case of imported bikes, the cost can go high, up to INR 100.

• Also, some states require a compulsory payment of INR 200 to the RTO as the smart card fee.

Documents Required for Bike Ownership Transfer

In case of bike ownership transfer, the following documents will be required for a smooth and seamless process:

1. Regional Certificate:

This must be submitted at the RTO office for verification about the owner including their name, engine type, chassis number and more.

2. Transfer Deed:

This document is required to ensure that the seller does not have any legal liabilities towards the bike. The document must contain the address of both the seller and the buyer which must be signed by them for affixing the revenue stamp.

3. Road Tax Certificate:

This document ensures that the owner has submitted and paid tax on time previously to the RTO.

4. Bike Insurance Certificate:

As per the updated motor vehicle rules, every bike must have a two wheeler certificate. The vehicle cannot be registered to be driven on the road if there is no two wheeler insurance.

5. Pollution Control Certificate:

A PUC is crucial to ensure that the vehicle has passed all the emission tests. While submitting the Pollution Control Certificate, it is important to check all details like license plate, test reading, expiry date and serial number. This can also help in deciding what would be the value amount of the vehicle.

6. Sales Receipt:

The sales receipt of the vehicle will carry additional information like taxes paid and other add-ons. It must be signed by the buyer and the seller.

While transferring bike ownership, a lot of other documents must also be submitted on time. These include:

• Passport-size photograph

• Identity proof

• Address proof

• Two copies of Form 30 serving as the report of ownership transfer

• Two copies of Form 29 serving as the notice of ownership transfer

• Three copies of Form 28 to be submitted by the original owner of the vehicle. This acts as the No Objection Certificate for the transfer of vehicles from one state to another.

Vehicle transfer might also be required in case of the death of the bike owner. In the premises of the demise of the owner, the transfer can be completed only upon submitting the following documents:

• Original Copy of RC

• Certificate of Succession

• Self-attested copy of the two wheeler insurance certificate

• Address of new owner

• Duly Filled Form 30 and Form 31

• Vehicle owner’s Death Certificate

• NOC issued by loan provider if purchased through loan

• Form 60 and Form 61 or PAN card attested copy (if applicable)

If there is a third party bike insurance, it is advisable to provide the same too. This is to ensure safety and security and proper transfer of the documents.

Bike Ownership Transfer Online: A Step-by-step Guide

Bike ownership transfer can also be done online these days as it offers a lot of convenience. However, it is advisable to follow proper steps and ensure that there is no technical error.

You need to follow the steps given below to opt for bike ownership transfer online:

• Step 1:

Visit the official website of the Ministry of Road Transport and Highways

• Step 2:

Type your vehicle registration number and click on Proceed.

• Step 3:

From the available options, choose Basic Services and then type the last five digits of your chassis number.

• Step 4:

Hit the Validate Registration number or Chassis number option.

• Step 5:

You will receive an OTP on your number, enter that and click on the Submit button.

• Step 6:

Now, choose the Transfer of Ownership option.

• Step 7:

Enter the Service details and then mention your bike insurance details.

• Step 8:

Pay the required fees and upload the supporting documents.

• Step 9:

Schedule your appointment.

• Step 10:

A receipt will be generated. So, download it and carry it with you to the RTO office on the day of the appointment.

How to Apply for Two-Wheeler Ownership Transfer Offline?

If you're confused about how to proceed with the online process, you can also apply for a bike ownership transfer offline. You must follow the steps below while opting for bike ownership transfer offline:

• Step 1:

Book an appointment at the RTO office from their online portal.

• Step 2:

You can download the bike ownership transfer form from their website or collect it directly from the RTO.

• Step 3:

Fill in the form with all the accurate details.

• Step 4:

Have all the documents ready and submit it along with your bike ownership transfer form.

• Step 5:

Pay the transfer fees and all the other necessary documents.

• Step 6:

The RTO officers will conduct a physical inspection of the vehicle along with the submitted documents.

• Step 7:

Apply and get your NOC when the vehicle is being transferred from one state to another.

• Step 8:

After the documents are successfully verified, the RTO will issue the new Registration certificate.

Note: Ensure that the bike is in its best condition to comply with the safety standards while selling the vehicle. Also, the fees that you will have to pay for the transfer will depend on location, age and the engine capacity of the bike.

Conclusion

Bike transfer has always been challenging, but with a few simple steps, it is as easy as renewing your comprehensive bike insurance

When you sell your bike, you also transfer its ownership. This necessitates changing the ownership in all relevant documents necessary to operate a bike. After completing all the documentation and fee payment, the new ownership usually takes 15-45 days.

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

RELATED ARTICLES

How to Transfer Bike Ownership and Insurance Online?

Can I Transfer Bike RC Without Insurance?

RTO Rules for Transferring Vehicles from One State to Another

Steps to Cancel the Registration Certificate of Your Scrapped Bike

Understanding Two Wheeler Insurance for Second-Hand Bikes

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