Kolkata, the capital city of West Bengal, is the biggest market for both new and used cars. According to the best second-hand car dealers in Kolkata, the demand for pre-owned cars is much higher than that for brand new ones in the City of Joy. Lower cost is surely fomenting the growth of the used car market. In several circumstances, it makes sense to spend on a used car instead of a new one. After you buy a used car, the first step is to get the ownership transferred to your name. The article discusses the process, requirement, and cost of ownership transfer.
Procedure
As a new owner of the pre-owned car, you have to submit the necessary documents to the RTO within 30 days of the purchase. If the RTO of your residential area is at variance with the RTO of the area where the car was originally registered, you have to get a NOC from the original RTO and submit the same to the local RTO.
If it takes more than 30 days to initiate the procedure of ownership transfer, you have to pay Rs, 500/month as a fine. Many times, the newly used car owners take the help of a middleman for ownership transfer. They spend extra to avoid the hassle of RC transfer. However, the entire process gets simplified if you follow the steps below:
Step-by-Step Guidance on How to Apply for Vehicle Ownership Transfer
The RC transfer process comprises the following steps:
Step 1: Procurement of NOC (No Objection Certificate) from the Traffic Department (It applies only if the car is registered in another area and the new owner resides in another)
Step 2: Visit RTO with essential documents listed below:
- Original RC from another state
- OC from previous RTO20
- Form 20
- Form 27
- Form 33
- Attested Copy of Address Proof
- Attested Copy of PUC Certificate
- Attested Copy of the Valid Driving License of Car Owner
- PAN Card, Form 60/61
- Lending Bank NO If the Car Loan is Not Repaid
- Passport-Size Photo of the New Car Owner i.e. the Applicant
Step 3: Document Submission Along with Payment of Required Fees for RC Transfer
Step 4: Re-Registration of Car after Interstate Transfer (If the pre-owned car is originally from a different state)
Step 6: Payment of Road Tax
You need to visit the local RTO for road tax payment. The original invoice is used to calculate the payable amount. The road tax is refundable but you have to submit the necessary documents for that.
Required Documents for Vehicle Ownership Transfer
You have to submit the following documents to get the ownership transferred to your name after you buy a second-hand car from a local used car showroom in Kolkata.
- Original RC
- 2 Copies of Form No 29
- 2 Copies of Form No 30
- Copy of Valid Insurance
- 2 Copies of Address Proofs of Buyer
- Copy of Valid Pollution under Control Certificate
- Copy of G.I.R/PAN No. or Form No. 60/Form No. 61 (In case of cars only)
- Form 28 – NOC (Applicable if the car is from another state)
- Registration Certificate, TAX Certificate along with Prescribed Fees
- Photo of the Buyer along with the right thumb’s fingerprint (must be certified by a gazetted or notary officer)
