RC Transfer refers to the process of transferring the ownership of a vehicle from one person to another as recorded in the Registration Certificate (RC). This is a crucial step when buying or selling a vehicle, ensuring that the new owner is officially recognized and has legal rights to the vehicle.
Importance of RC Transfer:
1. Legal Ownership
Completing the RC transfer provides legal proof of ownership, protecting the rights of the new owner.
2. Avoids Legal Issues
Failing to transfer the RC can lead to complications, including liability for fines or legal actions related to the vehicle after the sale.
3. Insurance Coverage
Insurers require that the RC is in the name of the current owner for valid coverage. An incomplete transfer may leave you vulnerable to claims.
4. Smooth Transactions
A completed RC transfer simplifies the buying and selling process, allowing for a seamless transition of ownership without unnecessary delays.
5. Accurate Records
It helps maintain accurate records with the transport authority, ensuring that all details related to ownership are current and correct.
Here’s how we do it
RC transfer can be a bit complex and here’s how we simplify it
Obtain NOC from the seller's RTO.
Prepare a document set for the sale and purchase of a used car.
Facilitate transfer in the name of the new owner after submitting the old RC and requisite forms.
Handle bank hypothecation and insurance transfer for the new owner.
Costs and availability of services are subject to Seller and Buyer RTO locations
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