Transferring vehicle ownership is an important process when buying or selling a vehicle. It ensures that legal rights and responsibilities are properly assigned to the new owner, the buyer/seller. With the rise of digital services nationwide, this procedure is now more streamlined and easily accessible. This article will guide you and provide a comprehensive walkthrough of the online vehicle ownership transfer process in India.
In India, vehicle ownership transfer is managed through the Parivahan Sewa portal under the Ministry of Road Transport and Highways (MoRTH). Completing the transfer ensures that all legal liabilities shift from the seller to the buyer.
What Is Vehicle Ownership Transfer?
Vehicle ownership transfer is the legal process of updating the Registration Certificate (RC) to reflect the name of the new owner after a vehicle is sold or transferred.
Why Vehicle Ownership Transfer is Essential
As per transport regulations, the transfer of ownership must generally be completed within 14 days (within the same state) or 45 days (interstate transfer) from the date of sale.
Transferring vehicle ownership is not a mere formality; it serves critical purposes such as:
- Legal Responsibilities: This ensures that the new owner takes up all the legal liabilities associated with the vehicle, which include traffic violations and accidents.
- Insurance Validity: This feature allows hassle-free transfer or renewal of the vehicle's insurance and other policies under the new owner's name.
- Avoiding Future Disputes: This clearly describes the ownership to prevent legal disputes over the vehicle's use in the future.
Eligibility Criteria for Online Transfer
Before starting with the online transfer process, make sure that the below conditions are met:
- No pending traffic challans
- Loan cleared or NOC from financier
- Valid insurance policy
- Active mobile number linked to RC
- Valid PUC certificate
Documents Required for Vehicle Transfer
Accurate documentation is vital for a smooth transfer process. The documents include:
- Form 29: Notice of transfer of vehicle
- Form 30: Report of transfer of vehicle
- Original Registration Certificate: The vehicle's original RC Book/Card.
- Insurance Certificate: Proof of active insurance policy
- PUC Certificate: A valid and active PUC (Pollution Under Control) Certificate.
- Address Proof: Documents such as utility bills, passport, or the Aadhaar card can be used as proof of address.
- NOC (No-Objection Certificate): This document is required if the vehicle is registered in a different state or has any active loan running.
If your vehicle has a loan, you must first apply for hypothecation removal before starting the ownership transfer.
Vehicle Ownership Transfer Fees in India
The ownership transfer fee generally ranges between ₹300 to ₹500 for private vehicles, depending on the state and vehicle category. Additional smart card fees may apply.
Step-By-Step Process Guide on Online Vehicle Ownership Transfer
Follow the steps to transfer the vehicle ownership online via the Parivahan Sewa Portal.
- Visit the Parivahan Sewa Portal, and navigate to "Online Services," and "Vehicle Related Services." Then, select the state and RTO where the vehicle has been registered.
- Input the vehicle's registration number and the chassis number in the last five digits. Click on Generate OTP to receive a One-Time Password for the registered mobile number. Enter the OTP to verify and access the vehicle's details.
- Select the option to initiate the transfer of ownership from the list of available services. Fill in the details about the buyer and upload the scanned copies of the required documents.
- Pay the applicable fees through net banking, credit/debit card, or any other available payment method. After successful payment, submit the application. An acknowledgment will be generated; save or print this for future reference.
- In some cases, the buyer and seller may need to visit the RTO for document verification or biometric authentication, depending on state regulations. If so, schedule an appointment. Upon successful verification and approval, the new RC (Registration Certificate) will be dispatched to the new owner's address.
Common Mistakes to Avoid
- Incomplete Documentation: Check twice if all documents are complete and legible before uploading them.
- Incorrect Details: Make sure the entered information matches the government documents to prevent any sort of discrepancies.
- Delayed Applications and Verification: Initiate the process promptly to avoid penalties.
Suggestions from Upride
At Upride, we are committed to facilitating a seamless experience.
Upride offers expert advice regarding legal requirements and helps navigate any complexities during the process. From initiating the application to the final step, we provide continuous support to keep the process efficient and stress-free.
For personalized assistance and more information about our services, visit our website at Upride. You can also use our vehicle ownership transfer service for end-to-end support.
What Happens If You Don't Transfer Vehicle Ownership?
If ownership is not transferred within the prescribed time, the original owner may continue to be legally responsible for traffic violations, accidents, or criminal misuse involving the vehicle.
Frequently Asked Questions (FAQs)
- Can I transfer the vehicle ownership if the vehicle has an active loan running?Yes, but you'll need a No Objection Certificate (NOC) from the financing institution and the buyer before initiating the transfer.
- How long does the online transfer process take?The processing time varies by RTO but typically ranges from 15 to 30 days after document submission.
- Is physical presence required during the online transfer process?When the application is online, some RTOs may require physical verification of the vehicle and original documents.
- What if the buyer and seller live in different states?An interstate transfer requires an NOC from the original RTO and may involve additional steps for re-registration in the buyer's state.
- Can I cancel the transfer application once it is submitted?Cancellation policies vary with each RTO. It's advised to contact the respective RTO if cancellation is necessary.
By adhering to this guide and utilizing the services offered by platforms like Upride, you can confidently and easily navigate the vehicle ownership transfer process.
Conclusion
Transferring vehicle ownership online in India has become simpler with the Parivahan portal. Ensuring timely transfer protects both buyer and seller from future legal liabilities. By submitting correct documents, paying applicable fees, and tracking application status, you can complete the process smoothly and legally.