One of the most essential steps while purchasing a used motorcycle is transferring its ownership and its insurance on your name.
Hence, when you buy a used bike, remember to transfer the two-wheeler insurance ownership in your name.
However, the transfer of bike ownership and transfer of the insurance policy has two different legalities. Let’s understand how one can transfer two-wheeler's ownership, it's insurance and the documentation involved.
1. Process of Transferring Two-Wheeler Ownership
The two-wheeler ownership transfer is done either when the owner has passed away, in case of a normal sale, or in the public auction. The two-wheeler ownership transfer is done via RTO by submitting the required documents. This is the process you need to follow to transfer bike ownership:
- An application needs to be drafted to the RTO office stating the will to transfer the ownership. In case the original owner has passed away, the legal heir of the owner needs to submit the application.
- One must also inform the insurance provider of the bike.
- In case the buyer and the seller are from different states, a No Objection Certificate (NOC) needs to be submitted at the RTO office.
- The seller and buyer need to visit RTO with the necessary documents including:
- Original Registration Certificate
- Proof of Address (Aadhar Card/Passport/Electricity Bill/Telephone Bill/Ration Card)
- Insurance Certificate
- PAN Card(seller and buyer both)
- PUC Certificate
- Form 28
- Form 29
- Form 30
- Form 31
- Form 32
- Form 35
- Passport-size photographs
- A specified amount has to be paid as application fees at the RTO office.
- For Online Method you need to visit the https://parivahan.gov.in/parivahan/
- Click on “vehicle-related services” under “online services”
- Then click on “the other states” and enter your registration number
- After clicking on “Miscellaneous”, enter your mobile number to generate OTP
- On entering OTP, you can “show details->application selection->transfer of ownership” and enter the relevant details
- After making the payment, the seller and buyer have to sign Forms 29 and 30 and submit all the documents at the RTO office. In one month, the process will be done
- Within one month, the transfer of ownership is done
Process of Transferring Two-Wheeler insurance ownership
Motorcycle insurance is also transferred when a used bike is purchased. Here are the steps:
Visit the RTO office where the bike was originally registered. You can raise your query to transfer bike insurance.
A few documents have to be submitted at the office, like
- Registration Certificate (original)
- Form 29
- Form 30
- Insurance documents
- Emission test papers and other documents
All these documents have to be submitted to the directorate of the RTO.
Then the RTO verifies all the documents.
Once it approves, the two-wheeler insurance ownership is transferred.