After buying the car, the first and most crucial step is to get the car registered with the state RTO or the Regional Transport Offices to get a Registration certificate. But RTO has more to it than just issuing the registration certificates. Before we move on to forms 28, 29, 30, and 35 of RTO, let’s check what all services the RTOs provide to the consumers. As you must know that you pay automobile tax and other kinds of taxes associated with vehicles, all these taxes are collected by RTO. Apart from setting up the transportation rules and regulations, RTO is responsible for issuing driving licenses and car pollution check services, among many other services. More importantly, RTO services do not limit themselves to merely new cars but also to used cars as well. So when one needs to sell their used car, they need to fill out some forms made designed by RTO which deem the car either fit for resale or not. And these essential forms are what are called Forms 28, 29, 30, and 35. Let’s learn more in detail about these forms.
What Is Form 28?
Naturally, before when you sell a used car, that means that you would have to take permission from the RTO to smoothen the further process of resale without any restrictions. That one can get the NOC, i.e. no objection certificate, one needs to fill Form 28 of RTO. This form determines that the car doesn’t have any pending challans, taxes, criminal records, or any other possible point of objection that can cause an obstacle in the resale of the car. So to sell a used car, one needs to prepare three copies of form 28 to be submitted to the RTO.
How to authenticate your Form 28?
The seller needs to get the pencil print of their car chassis number on the corner of all the 3 form copies. In case necessary, the seller might need to obtain the police certificate to verify the authenticity of the vehicle, like in the case of transferring the vehicle to another state post selling. Generally, sellers need to provide xerox copies of RC, original RC, insurance, and PUC. These documents, along with Form 28 and the necessary fees applicable by RTO, are to be deposited by the seller.
What Is Form 29?
Naturally, when selling a car to a third party, the RC gets issued by the state RTO, and so the RTO needs to be informed. This happens with the help of Form 29. Form 29 is required to inform the RTO that all the necessary vehicle documents like PUC, RC, and insurance have been handed over to the third-party buyer. Sellers need to submit two copies of Form 29 to the RTO.
What is Form 30?
Once the car has been sold to a third-party buyer, the car RC needs to be transferred as well. This RC will get transferred via RTO, which releases the original RC for the vehicle and hence will release the new RC. Hence the, Form 30. All the legalities associated with the vehicle are thus to be dealt with by the new buyer and this is what Form 30 mentions in its papers. Sellers may note that they need to submit Form 30 within 14 days after the resale of their car and that two copies of the form need to be submitted to RTO.
What is Form 35?
When the car is purchased, it gets financed by some bank or the other in terms of a Car loan. So in that case, the seller needs to submit Form 35 to get a NOC or the no-objection certificate by the bank from which the loan is taken. It’s important to note that this form is required in case the car was purchased using a car loan. One might ask what kind of objections? When a car loan is taken out, some collateral is kept until the loan is paid off. Therefore, submission of Form 35 causes the associated bank to cancel out the hypothecation from the RC of the vehicle. This hypothecation is the one that the seller has made against the loan. Thus the need to cancel it out. And yes, Form 35 is to be submitted to the RTO only and not to the bank.