Car registration change of name
By cooldude2010 •
Hello Everyone
I need some advice regarding 2 questions, i had taken a car loan which i repayed some year ago but forget to take the clearence letter from the bank, i want to ask that will the bank issue me a clearence letter now as iam planning to sell my car?.
2 After getting clearence letter what documents i need to change the registration in my name in the Traffic dept could you let me the procedure for it?.
your kind help will highly appreciatied.
Bank will give u the clearance letter if you have settled the loan in full. You need the clearance letter & the insurance to be transferred to new owner's name prior to go to the traffic. Both buyer & seller id card also required. The form for trasfering the vehicle can be done at the traffic office. Typists are available near to the traffic dept. office.
I Dont know abt whether the bank will give the clearance now,
but the documents that will required at the time of selling a car will a Form from the gov(signed by the buyer & seller), your ID card copy and Vehicle Reg Card, in case of buying you need to get a letter from your sponsor plus the other three documents.
Peace :)