Know about the step-by-step process for completing RTO Form 34.
While owning a vehicle, you need to complete certain paperwork and maintain certain rules and norms to maintain legal standards. All these rules are usually implemented by the RTO, the controller of traffic laws in every state. The two most vital aspects of maintaining a personal vehicle are maintaining proper car insurance and completing Form 34. Regarding the insurance part, Zurich Kotak General Insurance can fulfill all your needs.
Various types of forms are required for completing different purposes. Form 34 RTO is used to enter a hire or lease purchase arrangement for a vehicle with a comprehensive car plan. It is generally provided by the bank or the leasing company.
During the vehicle registration procedure, you need to enter all the necessary details of the financer with the registered buyer. You have to enter all these details on Form 34.
You can easily download Form 34 from the website by following these simple steps:
First, visit the official website at https://parivahan.gov.in/
Then click on “Informational services” and then choose “Downloadable forms”
Select it and then click “All forms”.
Click on “Form 34” to download
To clear up any confusion, you can get a Form 34 sample that's already filled out. This form has two parts: one with details about the owner and the lender, and another with official info from the RTO, lease, or agreement. Just follow these steps to fill it out:
On the extreme top left corner, enter the name of the respective RTO who will be responsible for the agreement entry
Duly fill in the registered owner's details and the vehicle’s registration number
Enter the full name and other relevant details of the financier as per the agreement papers
Filling the first section is complete after both the owner and the financier Duly sign it. A thumbprint impression is also accepted in this case.
In the following endorsement section, a representative of the RTO enters the reference number of the concerned RTO, address, and agreement date as per the RC record and signs will date
If the name of the financier and the registering authority are different, the RTO official must update the same here.
To complete the process, the financier's specimen signature is attached.
You need the following documents with Form 34 to complete the process:
RC of the concerned vehicle
ID proof of the registered owner
An authentic hypothecation agreement or lease document between the registered owner and the repurchase of the vehicle concerned
We have aptly highlighted all the significant aspects of RTO Form 34 and the process of filling it out. You need to follow these simple steps as mentioned here to complete the process smoothly.
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