Buying anything new is always a just cause for celebration; especially when it is something exciting like a car, a bike or a home. With the congested traffic conditions in big cities, a bike often proves to be a great investment. Bikes are compact in size, can zip through traffic easily and can be parked in tiny spaces. It is no wonder that more and more people today are opting to purchase two wheelers as opposed to four wheelers. Whether you are planning to purchase a brand new bike or a used one, you have to provide certain documents. Here is a list of documents required for bike registration
Bike registration documents
Note that you need to provide all the original documents of your address and ID proof for verification when you register for the vehicle
Bike Documents required in case of a loan
Since a vehicle is not just your average purchase, some people opt to purchase a scooter or bike by taking out a loan. In such a case, the buyer must provide certain additional documents to the lender, along with the above mentioned documents required for bike registration. These depend upon the type of borrower one is i.e. a salaried individual or a self-employed individual.
A salaried individual taking out a bike loan must provide the following documents
Documents for bike registration for self-employed individuals
Bike registration documents
When you purchase a new two-wheeler, you must apply for its registration within a period of 7 days from the date of receiving the delivery of the vehicle. To this effect, you need to provide the following documents for bike registration.
The process of bike registration is rather simple. Your auto dealer can help you with the entire registration process and in most cases; they will submit your documents on your behalf as well.
Also, your two-wheeler needs care and protection. So, get it insured with a Liberty General Insurance policy today!
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