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Is it necessary to transfer RC?

Is it necessary to transfer RC?

The RTO in Bangalore needs the transfer process to be initiated within 30 days of purchase of a second-hand vehicle, failing which one needs to pay a late fee of Rs 500 a month. The RC transfer is necessary to ensure that all the legal liabilities are transferred to the new owner of the car.

Is NOC required for bike ownership transfer?

Form 28 – It serves as a NOC (No Objection Certificate) required when a vehicle is transferred from one state to another. For bike ownership transfer, you will need to submit two copies of Form 30 to the RTO.

Is NOC required for bike ownership transfer in same state?

✓ Is NOC needed if I am moving from one city to another in the same state? Yes, NOC is required to move a vehicle from one city to another as it will change the RTO’s jurisdiction.

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How do I transfer a bike I sold to another person?

If you have the proper documentation , that you have sold the bike , there is nothing else that you need to do. The person who bought it should be more worried about getting it transferred in his name, because the documents you provided him have an expiry date. Beyond that date , transfer becomes very difficult.

How to send letter to RTO for sale of bike?

Lawyers are available now to answer your questions. you must address letter to RTo by regd post AD informing them of sale of your bike . 2) enclose copy of delivery note received by you and proof of payments received by you .

Is it possible to buy back a bike after 2 years?

Since buying back the same bike at the old price after 2 yrs is silly, I gave online ads and got them many buyers, some even visited them. But no matter what they are neither selling the bike nor are they transferring ownership.

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Should I Sell My Bike to my Neighbour?

You have the sale letter which is enough for your safety. Your neighbour is taking the risk and not you. If anything happens to the bike, they cannot claim insurance or complain to police etc. If something like that happens, they will approach you.