However, please note that the vehicle refund is based on the age of the vehicle and is therefore less than the original amount paid to the OTR. Years: Below are the steps, you must follow to transfer ownership of the vehicle between the two OVS- 1) Get the hypothesis of the AUTO RC withdrawn at the Rangareddy RTO2) Get a NOC from Rangareddy RTO3) Request for transfer of ownership to your local RTO In the case of a vehicle registered outside the state, the seller must report the fact of the transmission within 45 days of the transfer to the relevant registry. Years: The RC hypothesis must be removed from the RTO before the process of transferring ownership of the vehicle is initiated. The assumption and ownership transfer documents can be forwarded simultaneously to the RTO. In addition, you must obtain a loan certificate from the bank before requesting the RC mortgage. The popularity of used cars can be explained by their affordable prices and a relatively lower depreciation rate than recent models. This gives owners the flexibility to easily change cars without incurring heavy losses. However, it must be understood that it is very important for the new owner to transfer possession of the used car to his name shortly after the purchase. The local RTO must be closed within 30 days of the sale of the change of ownership of a vehicle. The transfer of ownership would require a local NOC if the buyer and seller do not reside in the same territory. Years: For the transfer of ownership, it is imperative for the buyer to be present at the RTO. The RC card issued by Hyderabad RTO contains a photo of the owner, which is clicked in the presence of an official authorized to the RTO. Address: Opposite Eenadu Bureau, Raj Bhavan Quarters Colony, Somajiguda, Hyderabad, Telangana 500004 In Hyderabad district – Rangareddy, there are six RTO application forms can be obtained from the following link: Application forms Hyderabad is the capital of the Indian state of Telangana and the capital of Andhra Pradesh, which makes it the most important city for both states.
It is also a breeding ground for many IT companies that have set up offices in the city and employ thousands of people. The large population of high-income and young people in the city has led to a significant demand for used cars in Hyderabad. After the acquisition of the NOC, the following documents are required to initiate the rc transfer – Then the new owner must pass on all the necessary documents to his local RTO and pay the necessary fees for the RC transfer. In the event of an intergovernmental transfer of RTO, a new application for registration must be made after receiving the NWN`s initial NTO. As I said, there are several OVS in Hyderbad and the buyer must purchase a local NOC from the RTO, with which the car was initially registered if he does not live in the same area. To do this, the process of deregistration of the car must be initiated with the original RTO. You can get detailed information on rates at: Pricing link Read also – What is the full form of RTO? – Regional Transport Office.