Transferring ownership of a vehicle is an important process that must be done correctly to avoid any legal or financial issues down the road. This guide will walk you through the steps involved in transferring ownership of a vehicle in India, from gathering the necessary documents to submitting your application to the Regional Transport Office (RTO).
Table of Contents
Why is car ownership transfer required?
Car ownership transfer is required in the following situations:
- When the car is sold to a new owner.
- When the car is inherited by a new owner.
- When the car is gifted to a new owner.
- When the car is repossessed by a lender.
- When the car is salvaged or declared a total loss.
- When the car is registered in a new state.
- When the car is exported or imported.
What documents are needed for transfer
- Original Registration Certificate (RC)
- Form 29 (Notice of Transfer of Ownership of a Motor Vehicle) in duplicate
- Form 30 (Application for Intimation and Transfer of Ownership of a Motor Vehicle) in duplicate
- Valid Insurance Certificate Pollution Under Control (PUC) Certificate
- PAN Card of both seller and buyer (only if the sale value of the car is Rs. 50,000 or above)
- Address proof of both seller and buyer Form 28 (Application and grant of No Objection Certificate) in case of interstate transfer of ownership
In addition to the above documents, the following documents may also be required depending on the specific case:
- Death certificate in case of transfer of ownership due to the death of the owner
- Either Certificate or order stating the confirmation of the sale of the vehicle in the person’s favour duly signed by the person authorised to conduct the auction in case of transfer of ownership of a vehicle purchased in a public auction
The transfer of ownership process can be completed online or offline. To transfer ownership online, you can visit the Parivahan Sewa website and follow the instructions given there. To transfer ownership offline, you need to visit the Regional Transport Office (RTO) where the vehicle is registered and submit the required documents along with the prescribed fee.
Once the transfer of ownership process is complete, the new owner will be issued a new RC in their name.
Cost of transferring Vehicle Ownership
Let’s evaluate the Cost of transferring, the cost of transferring a car ownership in India may vary depending on the Regional Transport Office (RTO) and the age of the vehicle. The fee may range from Rs. 300 to Rs. 2000.
It Depends on the type of vehicle. The fees for light motor vehicles for non-transport are Rs. 300, while those for transport are Rs. 500medium goods for passenger vehicles, Rs. 750, medium goods for goods, Rs. 500 Heavy vehicles for goods are Rs. 750.
How to transfer car ownership offline
In order to transfer car ownership offline, there are a number of steps that must be taken
- The first step is to notarise an agreement of sale, which outlines the payment for the sale and the status of the transfer of ownership. This agreement must include details such as the mode of payment, the registration certificate, the insurance policy, and the condition of the vehicle.
- The second step is to fill in the necessary documents and submit them to the local Regional Transfer Office (RTO). Form 35 must also be submitted in the event of the vehicle being still in the possession of the buyer.
- The third step includes thatthe buyer must provide the necessary documents, such as registration certificates, insurance policies, and PUC certificates. It is important to note that the buyer does not need to provide their vehicle invoice..
- the fourth step, the buyer must apply for a Clearance Certificate from the Regional Temporary Office (RTO). This process may vary depending on the state and Regional Technical Offices (RTOs). Additionally, additional documents may need to be submitted. The buyer must attest all documents with the head of the RTO and submit them to the office, where an acknowledgement form will be provided. Upon successful application, a Clearance Certificate will be mailed to the buyer.
- Step five is that the buyer must pay the transfer of ownership fee to the New Regional Technical Office (RTO) and attach two payment receipts to the application. The buyer must also provide a PAN, Clearance Certificate, Insurance, Address proof document, PUC certificate, Form 29 (2 copies), and Form 30 (self-addressed with stamps). Finally, the buyer must attach a passport-sized photograph
Upon submission of the necessary documents, the individual will be provided with an acknowledgement form. The newly issued registration certificate will then be sent to the individual via post. Additional steps may be necessary if Form 32 or Form 35 is required.
Online process for car ownership transfer
The process of transferring car ownership can be completed online through Parivahan Sewa, an official website of the Ministry of Roads and Highways. It is important to note that the transfer of ownership must be applied for by the buyer, and there are also some offline steps involved. To complete the process, the following steps must be followed
- Click on the “Online Services” tab and select Vehicle Related Services.
- Enter the vehicle registration number, click “Proceed” and select “Misc”.
- Enter the new owner’s details, current address, permanent address, and insurance details.
- Click “Payment” and pay the required fee.
- Two payment receipts, as well as a Form 29 and a Form 30, will be generated.
- You’ll need to send the new RTO your original registration certificate, a copy of your insurance policy, and any other documents you have with you, either in person or by mail.
The new registration certificate will then be sent to the buyer. If everything checks out, the head of the RTO may invite you and the seller to meet with him for a check-up.
What could be the consequences of not transferring car ownership?
you don’t transfer car ownership, you’ll be subject to any road traffic violations committed by a buyer. You’ll also be dragged into legal proceedings if you haven’t transferred vehicle ownership. So, even though the process of transferring car ownership is complicated and time consuming, it’s always best to do so during the sale.
What else is required along with car ownership transfer?
In some states, you may need to provide a chassis and engine pencil print, as well as proof of succession if the transfer is due to the death of the vehicle owner. You may also need a buyer’s undertaking if the transfer of ownership comes from a sale at a public auction
Now that you understand the process of car ownership transfer, make sure you follow all legal procedures to sell your vehicle!