Owning a bike symbolises freedom and excitement, but buying a motorcycle in India involves more than choosing the right two-wheeler. Navigating essential paperwork, from personal identification to vehicle registration, is crucial for a smooth bike-buying experience.
Choosing The Right Bike: The Thrill Of Ownership
Choosing the perfect two-wheeler is exhilarating, whether for a family member or a personal upgrade post-college. Ensure proper documentation for legal ownership, registration, and potential financing beyond the initial purchase.
Comprehensive Insurance: A Wise Move
While the Motor Vehicles Act of 1988 mandates third-party bike insurance in India, comprehensive coverage is recommended. It protects against various risks, and comparing insurance plans online provides insights into inclusions and exclusions. Utilising tools such as a bike insurance premium calculator aids in selecting the right policy for your prized possession. Claims are subject to terms and conditions set forth under the motor insurance policy. *
Documents Required At The Dealership
- ID Proof: Valid documents like an Aadhar card, PAN card, or driver’s license for buyer identification.
- Nationality Proof: Use a passport or voter ID to establish nationality.
- Address Proof: Documents such as passport, rental agreement, or utility bills for residential verification.
Documents Needed for Bike Financing
Whether you’re a salaried individual or an independent contractor, the documentation requirements differ:
For Salaried Individuals:
- Identity Verification: Passport, Aadhar card, PAN card, etc.
- Proof Of Address: Utility bills, passports, etc.
- Income Documentation: Pay stubs, IT returns, and bank statements for the previous year.
For Independent Contractors:
- Identity verification: Passport, Aadhar card, PAN card, etc.
- Proof Of Address: Passport, utility bills, etc.
- Bank Statement: Reflecting income and deductions over the last three to six months.
- IT Returns: The last three years IT returns were used to determine annual income and deductions.
Registering Your Bike: Essential Documentation for RTO
Once you’ve purchased, registering your bike with the Regional Transport Office (RTO) is mandatory. Within seven days of bringing your bike home, the following paperwork is required:
- Sales Certificate (Form 21)
- Application Form (Form 20)
- Proof of Sale: Invoice from Manufacturer and Dealer
- Pollution Under Control Certificate (PUC Certificate)
- Address Proof for Bike Registration: Aadhaar Card, Driving License, Passport, etc.
- Road Worthiness Certificate (Form 22)
- ID Proof: Driving License, Passport, Aadhaar Card, PAN Card, etc
- Clearance Certificate for imported bikes: Customs Clearance Certificate
- Temporary Registration Certificate: Copy of the Insurance for 2-wheeler Policy Cover Note
- Two-wheeler Insurance: Copy of Bike Insurance Policy Cover Note
- Loan or Finance Copy: Form 34 (Signed by the sponsor and the bike owner)
- Affidavit: Non-Judicial Stamp Paper
Advantages Of Motorcycle Insurance
Beyond the legalities, safeguarding your bike is paramount. A comprehensive insurance plan covers both own damages and third-party liabilities, offering protection against accidents and natural disasters. Ensure you carry out the process for Bajaj Allianz bike insurance renewal on time for uninterrupted coverage. Claims are subject to terms and conditions set forth under the motor insurance policy.
Discovering how to check bike insurance expiry dates online is a straightforward process that ensures you stay compliant with regulations and maintain continuous coverage for your two-wheeler.
Before beginning your bike shopping journey in India, ensure you have all the required paperwork. Each step is crucial for a fulfilling and legally compliant ownership experience, from selecting your dream bike to handling registration and insurance. Stay informed and prepared throughout the process.
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*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.
