When buying a used motorbike, you inherit the previous owner’s possessions, which involves essential paperwork. The Transfer Vehicle Registration Certificate (TVRC) is granted with these documents, establishing your full legal ownership of the motorcycle, and they remain crucial for future needs, from obtaining bike insurance online to operating the vehicle. One crucial aspect to consider when buying a second-hand two-wheeler is to review the vehicle’s maintenance records, including any prior motor insurance claims, to ensure you’re making an informed purchase.
The following is a list of all the crucial paperwork you should review before buying a used motorbike:
- Book for registration certificates (RCS)
- Vehicle insurance policy
- PUC certificate
- Certificate of Road Tax
- Proof of address and passport-size photos
- Sales receipt for a motorbike
A thorough description of the prerequisites can be found below.
The Documentation Needed To Purchase A Used Motorcycle
You will need all the necessary paperwork for the motorbike, such as the bike insurance online, PUC, and registration certificate (RC). Here are some additional document details:
- RC (Registration Certificate) Book: The RC Book, also known as the registration certificate, is a crucial official document that validates a bike’s registration. When purchasing a motorcycle, the seller should provide the RC Book, which is essential when changing ownership at the RTO. Ensure the RC Book contains critical information, such as the engine, chassis numbers, and the seller’s name. It may bear a bank seal if the bike was acquired with a loan; in this case, you’ll need a bank-stamped Form 35 and an NOC letter to confirm the loan’s full repayment and no outstanding balances.
- PUC Certificate: In line with recent motor vehicle regulations in India, a PUC certificate is mandatory for all vehicles on the road. The RTO will only register your car with it. So, be sure to acquire the bike’s insurance certificate from the seller before finalising the deal. To establish ownership, contact the insurance company after obtaining the certificate.
- Insurance Certificate: According to the latest motor vehicle laws in India, every vehicle on the road must have an insurance certificate. The RTO will only register your car with it. So, obtain the bike’s insurance certificate from the vendor before finalising the deal. Once you have the certificate, you can contact the insurance company to transfer ownership.
- Road Tax Certificate: Before buying a used motorbike, get the road tax certificate from the seller. This document proves that road taxes are up to date, with no outstanding balances. It’s essential for inspections, selling the bike, or relocating to another state.
- Sales Receipt: An essential requirement is a signed sales receipt. Whether you buy a car privately or through a dealer, this document verifies the transaction. It includes the buyer’s and seller’s signatures confirming the car sale. It also details additional costs, sales tax, and excise taxes.
- Transfer Deed: Before buying a used motorbike, get the road tax certificate from the seller. It proves taxes are current, have no outstanding balances, and are needed for inspections, sales, or moving across state lines.
Lastly, make sure to renew your bike insurance for a worry-free ownership experience.
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.