It takes a lot of research as well decision-making to lock in the car you want to purchase. This includes registering the vehicle as well as the insurance procedures. Here is a complete list of all the processes involved and the documents required for your convenience.
Photo Credit: unsplash.com
Photo Credit: unsplash.com
Ensure that at the time of booking, the vehicle is registered in the name of the same person who has applied for the loan. This is the list of documents required for booking:
Remember to acquire all the necessary details on paper, especially the car's delivery date, final cost, car's accessories, the first payment, the on-road cost of the vehicle and the discounts available. Keep all the receipts, certificate of registration, pollution certificate, car's manual, warranty card, and lastly, road-side assistance number handy.
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You should thoroughly compare the policies of all the insurance providers before zeroing in on the perfect one. Always remember – The dealership does not always provide the best insurance policy.
Look up policies online since they are easier to avail, cheaper as well as easily maintainable. Keep the policy documents handy, as they are required during registration.
The owner gets 7 days from the date of purchase to get the new vehicle registered, as per section 39 of the Motor Vehicle Act, 1988. The documents include-
The documents include:
Note – Road tax, as well as registration fee, must be paid. Some states also require clearance from NCRB for re-registration.
The documents needed are:
In case of the transfer of the vehicle, it will need to get re-registered in the new state. To apply for No-Objection Certificate, complete these formalities:
These are the numerous steps involved in buying and registering a car and it is quite complicated. We hope this article helps you in getting your vehicle registered.