Documents Required to Buy a New Car in India

After much effort and research, you set out to buy your dream car. It is a great, joyous and proud moment for an individual to own a car. But beforehand, there are various documents needed to buy a car, like identity proofs, residence proofs, income proofs and much more. Read through to know about all the paperwork you have to present before the dealer and RTO to buy and register your new four-wheeler.

Underlying are the documents required to purchase a four wheeler –

• Proof of Nationality - original and attested copy.
• Identity Proof - original and attested copy.
• Residency Proof – original and attested copy.
• Passport Size Photos.
• Bank Statements or Income Proof – for insurance formalities.

There will always be questions about the documentation when you bring home a new four-wheeler. Never be confused or carry the whole bunch of documents that you have at your disposal. For your convenience, we have put together a list of documents that you should be prepared with before purchasing your dream car.

Documents Needed to Buy a New Car on Loan

• Proof of Identity – Government-issued identity cards, PAN Card, Aadhaar Card.
• Proof of Residence – Utility bills, Legal land documents, Rental agreements or mortgage agreements.
• Proof of Income – To prove you are employed under an organisation and capable enough to bear the loan structure. One year bank statements, last three months salary slips, loan closure letters and two-year income tax returns.

Documents Required to Book a New Car

To book a new car, you need to display some documents, that are as follows –

• Nationality Proof – To prove you are a citizen of India. Show documents like Voter ID Card, school certificates, passports.
• Identity Proof – PAN Card, Aadhaar Card, or any Government issued Identity card.
• Residential Proof – Legal land ownership documents, electricity bills, phone bills, Rental and mortgage agreement papers.

After you book a car, always remember to note down the details in writing from the dealer. This includes –

• Delivery date
• On-road price
• Add-ons
• Accessories
• Discounts availed
• Down-payment made
• Processes involving delayed deliveries or cancellation
• Relevant receipts.

Documents Required for Car Insurance Formalities

Choosing the right insurance for your car is very important, and it also requires various documents –

• Aadhaar Card, PAN Card and Government-issued ID cards.
• Address proof of the policyholder.
• Recent passport size photograph
• Driving licence
• Bank statement
• Vehicle registration number
• Registration certificate
• PUC papers.

Documents Required to Register a New Car

As mandated under Section 39 of the Motor Vehicle Act, 1988, individuals should register the new vehicle with their respective RTOs.