Is It Possible To Transfer My Bike’s RC With A Bike Insurance Policy?

It is possible to transfer a bike registration certificate, or RC, between Indian states and within the same condition. The RC bike’s transmission consists of two components. The first involves a change in ownership, while the second is a change in the relevant Regional Transport Office (RTO). Buying a used or pre-owned bike requires a lot of research and thought. It would help if you carefully considered the bike’s brand, price, and model.

Is It Possible To Transfer An RC Bike Without Insurance? How Is Bike Ownership Transferred?

Bike ownership transfers are effortless and straightforward. Here is a brief explanation of the transfer of bike ownership. Ensure the vendor provides all the necessary paperwork before buying a used bike. The receipt, pollution certificate, registration certificate, bike insurance policy, road tax certificate, and duly completed Forms 28, 29, and 30 are included. When a used motorcycle is sold, the seller must correctly complete and sign the ownership transfer form and submit it to the RTO where the vehicle was registered. If the transfer was triggered by the passing away of the previous owner, the legal successor must initiate the transfer procedure.

Required Documents For Transfer

If the owner passes away, the legal heir is expected to take possession of the bike. In addition to the documents mentioned above, you will also need to submit the following documents to complete the transfer of bike ownership.

  • Passing away a certificate for the owner of the bike
  • The transferee adequately filled out forms 30 and 31.
  • Authorization for succession
  • Announcement of no objections
  • A copy of the self-attested bike insurance policy
  • A duplicate of the transferee’s PAN card or Form 60 bearing the seller’s signature.
  • Vehicles on Form 20 Bike Transfer Fees Verification

There aren’t any expected financial repercussions from the relatively low fees connected with changing bike ownership. The price to transfer ownership of a bike is as follows.

RTO Costs

Regional Transport Offices charge affordable bike transfer fees ranging from about Rs. 30 to Rs. 35, depending on the state where you transfer your bike.

Cost Of Using Smart Cards

All across the country, RTOs now provide registration certificates (RCs) in the form of smart cards. The cost of the smart card is 200 rupees.

Total Costs

You should expect to pay between Rs. 230 and Rs. 235 in total for the transfer of ownership of a bike.

Changing The Certificate For The Bike

Understanding how to change a bike’s ownership must be more comprehensive. Since you would also need to transfer a bike insurance policy to your name when you buy a used bike, it is equally crucial to be aware of the insurance transfer process. Within two weeks of receiving the bike, you must notify the insurance provider that it has been transferred into your name.

The original insurance policy document, the new Registration Certificate with your name, proof of address and identification, and the purchase receipt are just a few of the many records the insurance company will ask you to produce. Make sure you pay your bike insurance premium on time.

*Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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