go with the buyer to the bank and he has 2 options:
1- pay cash to the bank and you will pay the remaining if any in order to clear the outstanding amount, then the bank will issue a clearance after 3 working days and you can go to traffic dept to register the car in the buyer's name.
2- if the buyer has an account in the same bank and he is eligible to take a car loan then the bank will transfer the loan to his name but he has to pay again for the admin charges and other hidden charges which you have already paid when you purchased the car.
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Thank you for the info.
go with the buyer to the bank and he has 2 options:
1- pay cash to the bank and you will pay the remaining if any in order to clear the outstanding amount, then the bank will issue a clearance after 3 working days and you can go to traffic dept to register the car in the buyer's name.
2- if the buyer has an account in the same bank and he is eligible to take a car loan then the bank will transfer the loan to his name but he has to pay again for the admin charges and other hidden charges which you have already paid when you purchased the car.
Which car do you have? And how many months do you have remaining to pay?