Planning to Sell Car or Buy Used Car, know the Updated changes with an all New Online RC Transfer Process in Delhi. Know when both Buyer and Seller are required to visit RTO in Delhi
Car RC Transfer Process in Delhi Turns Online in 2018
Car RC transfer process is changed in New Delhi starting March 2018
Now the process requires Online submission of RTO forms and later on in person visit of both buyer and seller in RTO so as to effect the transfer in favour of buyer
The New RC Transfer Process in New Delhi is
Step - 1: Visit Parivahan site, Check Online Services - Vehicle related services. Enter in Vehicle Registration Number, chassis number and any mobile you carrying. Authenticate details using OTP and a Form page will be opened
Step - 2: The Seller has to apply online for transfer of RC in favor of Buyer by entering in Vehicle details, New Owner details including Insurance and submitting RC Transfer fees online which is around Rs 530
If the vehicle has active loan hypothecation then a confirmation also needs to be submitted that you are in possession of RTO form 35 and Bank NOC
Step - 3: After filling the Form Online, 2 payment receipt will be generated along with RTO Form 29, 30. The printout copy of the same needs to be obtained and needs to be signed by both buyer and seller.
Step - 4: Then a bunch set of documents including vehicle documents like Original Smart Card, insurance, PUC, Buyer ID proof, Address proof along with seller ID proof address proof with the printout copies duly signed by both buyers and seller needs to be submitted to RTO
Step - 5: Important to note that the set of documents can either be sent to RTO office by registered Speed Post through Indian Post or maybe submitted by Hand in RTO
Step - 6: If all details exactly match in terms of RTO Forms duly completed, signature, Clear ID and Address Proof then RTO will dispatch in Smart Card in favor of Buyer
Step - 7: In case of any discrepancy in terms of Signature or any other document discrepancy, the RTO officer will then send a letter to the seller to be present in RTO along with the buyer for physical verification and further documents as required.
Step - 8: So this will ensure that the Seller will be able to know who the Actual Buyer is. gone are the days when the used car dealers used to ask Sellers to sign Blank Copy of Transfer Forms and they will fill in rest of details as and when Buyer used to be found
Now complete details of Buyer will be known to Seller and in case of any signature mis-match or document mis-match - both the Parties - Buyer and Seller will be called in RTO for Verification check along with required documents.
In Terms of Time Taken for Used Car RC Transfer - If Transfer Forms and Documents are submitted - as an indicative time it can take from 3 weeks to 4 weeks and will be sent to Seller address through Speed Post.
Also - pl know that Rent Agreement, Credit Card Statement, Private Bank Statement, Appointment Letter of Private Company - are not considered address proof for effecting transfer in name of buyer.
Pls ensure that UID Aadhaar Card, Local Address Proof, PAN Card if transaction value is more than Rs 50000, so as to effect in transfer.
