Vehicle RC Transfer: Many times, people take the RC transfer process lightly after selling their vehicle. Even after the sale, the vehicle remains in their name. This can be a major risk. If the buyer misuses the vehicle or receives a challan, you will be responsible.
In such circumstances, transferring the RC is crucial. First, prepare a sales letter between you and the buyer. This is a written document. It contains the date of sale, the price, and both parties’ signatures. This will protect you from any blame in the event of an untoward incident.
What to do for RC Transfer
To initiate the RC transfer process, the buyer must fill out Form 29 and Form 30. These forms are downloadable from the RTO website. They contain all the vehicle’s information, including the chassis number, engine number, and details of both parties.
Once the form is completed, it must be signed by both you and the buyer. The buyer then submits the required documents to the RTO. These include your old RC, a copy of the insurance, a sale letter, a pollution certificate, Aadhaar or ID cards for both parties, and a passport photo.
If the vehicle was purchased on a loan, a NOC is also required. Submitting all the documents on the correct date simplifies the process. After this, a transfer fee must be paid to the RTO. This fee depends on the type of vehicle.
Once the fee is paid, the vehicle may be inspected, especially if the RTO deems it necessary. An inspection officer verifies all documents, including the engine number and chassis number. After all the formalities are completed, the file is sent for processing.
After the file is processed, a RC is generated in the name of the buyer from the RTO. This card is sent by post to the buyer’s address, or they can pick it up in person at the RTO office. Until a new RC is issued, you should keep the transfer application receipt. This serves as proof that the vehicle is no longer in your name.