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I am from Bangalore and needs to sell my bike. How to complete Ownership Transfer of bike?

answer

K

Komal

There are two types of ownership transfers.

  1. Ownership Transfer within the State
  2. Ownership Transfer outside the State 
  1. Ownership Transfer within the State

This happens when you are planning to sell the vehicle outside the jurisdiction of your RTO but within the state itself. Seller shall report the fact of transfer within 14 days of transfer to the RTO where vehicle is registered. Process involved are as follows.

      a. Obtain NOC from RTO where vehicle is registered

Every state has multiple RTOs. If you sell your vehicle outside the jurisdiction of RTO where it is registered, but within the state itself, then you need to obtain No Objection Certificate (NOC)/ Clearance Certificate (CC) from the RTO where your vehicle is registered. You need to submit the following documents to obtain the NOC/CC.

  • Clearance certificate request letter
  • Original RC book
  • Insurance copy
  • Copy of Pollution Under Control Certificate
  • Self-addressed clothed envelope with Rs.30 worth of stamps affixed on it for  speed post

NOC application is free of charge. You will receive NOC/CC along with the updated RC book in speed post within 3-4 weeks.

      b. Apply for Ownership Transfer at new RTO

Once you have obtained NOC, apply for ownership transfer at new RTO using the following documents. 

  • Form No. CMV 29 (Notice Of Transfer Of Ownership Of A Motor Vehicle) in duplicate
  • If the vehicle is covered under Hypothecation/HPA/Lease, Form no. CMV 30(Application for Intimation and Transfer of Ownership of a motor vehicle) shall be produced in duplicate with the consent of financier.
  • Original RC book
  • Insurance copy
  • Copy of Pollution Under Control Certificate
  • Copy of address proof
  • Copy of PAN card
  • One passport size photograph of the person who buys the vehicle
  • Self-addressed clothed envelope with Rs.30 worth of stamps affixed on it for speed post

RC book will be posted in 3-4 weeks.

  1. Ownership Transfer outside the State

This happens when you are selling vehicle to someone residing outside the State where the vehicle is registered. Seller shall report the fact of transfer within 45 days of transfer to the RTO where vehicle is registered. Process involved are as follows.

      a. Obtain NOC from RTO where vehicle is registered

Following documents are required to obtain NOC from RTO where the vehicle is registered. 

  • CMV FORM 28 in quadruplicate (4 copies) for issue of No Objection Certificate
  • Registration certificate
  • Insurance certificate
  • Pollution Under Control certificate
  • Consent of Financier on CMV form 28 (if the vehicle is covered by Hypothecation, HPA or a lease agreement)
  • Permit and fitness certificate (applicable for commercial vehicles)
  • Pencil print of the chassis number for the CMV 28 form
  • Photo identity and address proof

Once you submit all the applications, RTO will obtain a report of the vehicle from police authority to check if the vehicle is involved in any criminal case or stolen. If there are no incidence, then a clearance certificate will be issued. NOC application is free of charge.

       b. Apply for Ownership Transfer at RTO in the migrated state

Once you have obtained NOC, apply for ownership transfer at new RTO using the following documents.

  • Form No. CMV 29 (Notice Of Transfer Of Ownership Of A Motor Vehicle) in duplicate
  • If the vehicle is covered under Hypothecation/HPA/Lease, Form no. CMV 30(Application for Intimation and Transfer of Ownership of a motor vehicle) shall be produced in duplicate with the consent of financier.
  • Original RC book
  • Insurance copy
  • Copy of Pollution Under Control Certificate
  • Copy of address proof
  • Copy of PAN card
  • One passport size photograph of the person who buys the vehicle
  • Self-addressed clothed envelope with stamps of required worth affixed on it for speed post

You will receive the RC book in 3-4 weeks.

 

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