Rajasthan - Apply for Vehicle Mortgage Contract

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Procedure

Apply In-Person:

1. To apply for Vehicle Mortgage contract applicant should approach the RTO office in their area. Rajastan RTO office contact Link: Contact
2. Application can be obtained from the concerned office or can be downloaded from the following Link: Forms
3. Please make sure you have all the documents listed in the “Required Documents” .
4. Complete the application along with required document and appropriate fees.
5. Submit the application to the concerned authority so they start processing.

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Required Documents

• Duly filled in form number 34 in two copies, which are signed by the registered owner and financier.
• Original Registration Book
• Certificate(NOC) from earlier financier if any for having retained full dues from the financier
• Proof of address
• Valid insurance certificate
• Pollution under control certificate
• Attested copy of PAN Card or Form 60 & Form 61(as applicable)
• Age proof
• Chassis & Engine Pencil Print
• Signature Identification of owner
• Fitness Certificate in case of Transport vehicle.
• Tax Card.
• Aadhaar card
• Bank account details

Office Locations & Contacts

Transport Commissioner:
Transport Commissioner's Office
409, Sahakar Marg, Jyothi Nagar,
Lalkothi, Jaipur, Rajasthan 302005
Phone: 0141 274 0042
Contact Link: Contact

Eligibility

You should be the owner of the vehicle.

Fees

RTO authorities may provide more information on fees

Validity

The deed is valid until the contract is terminated or the contract is canceled.

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Please explain processing time taken in obtaining the document/certificate.

Related Videos

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites. 	
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

• Chassis & Engine Pencil Print
• Signature Identification of owner
• RC book
• Insurance certificate
• Description
• Cost Price Rs.
• No. of Cylinders

Need for the Document

• Mortgage is a process to raise funds for ones need against the vehicle (in our case).
• This mortgage details will be recorded in the RC Book.
• This procedure is required to safeguard the interest of the money lender (Banks / Private financiers / Individuals) for the money given as loan.
• Mortgage contract is made between bank and the borrower, this agreement allows bank to lend money to the borrower in exchange borrower agrees to repay the money lent as per the agreement.

Information which might help

• FC (for clearance) is a process meant for reviewing the condition of the vehicle by the RTO authorities.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Forms

Others

More information which might help people.