How to transfer vehicle ownership? / Short & Simple way within 5 steps.

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How to transfer vehicle ownership?
  1. The seller and buyer need to sign a sale agreement. This is a legal document that records the details of the sale, such as the price of the vehicle, the date of sale, and the names and addresses of the seller and buyer.
  2. The seller needs to get a no objection certificate (NOC) from the bank if the vehicle is still under a loan.
  3. The seller and buyer need to fill out Form 29 and Form 30. Form 29 is a declaration form that is signed by the seller and buyer, and Form 30 is an application form for the transfer of ownership.
  4. The seller and buyer need to submit the following documents to the RTO
    • Original registration certificate (RC)
    • Original insurance certificate
    • Original PUC certificate
    • Sale agreement
    • NOC from the bank (if applicable)
    • Forms 29 and 30
    • Photographs of the seller and buyer
    • Self-addressed envelope with postage stamps
  5.  The RTO will then process the application and issue a new RC in the name of the buyer.
The total cost of transferring vehicle ownership is around Rs. 530. This includes the registration fee, the NOC fee, and the processing fee.

Here are some additional things to keep in mind when transferring vehicle ownership :
  • The transfer of ownership must be done within 30 days of the date of sale.
  • If the vehicle is being transferred to a person who is not a resident of Delhi, then the buyer will need to get a fitness certificate from the RTO in their own state.
  • If the vehicle is being transferred to a person who is a minor, then the application for transfer of ownership must be signed by the minor's guardian.