Community › Forums › Legal Advice India › “I bought a bike in a bank auction, but unfortunately, the previous owner has passed away. How can I transfer the RC to my name?”
- This topic has 10 replies, 7 voices, and was last updated 1 year, 2 months ago by
Epicshailesh5634.
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SSupermaster7131
PARTICIPANT
April 4, 2025 at 7:13 am“I bought a bike in a bank auction, but unfortunately, the previous owner has passed away. How can I transfer the RC to my name?”
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EEpicshailesh5634
PARTICIPANT
April 4, 2025 at 7:16 amContact local police officer, RTO. Tell him those things. He may assign an agent. Pay them.-
FFiercefox9369
PARTICIPANT
April 4, 2025 at 10:17 amdude then what will bnks do count their profits and sit on the money.its their work to move the paper work .
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EEpicshailesh5634
PARTICIPANT
April 4, 2025 at 10:22 amwhat role of bank in this ?-
FFiercefox9369
PARTICIPANT
April 4, 2025 at 11:00 amLol dude op is buying from auction conducted by bank which means bank is the seller .It’s their job to give necessary paper work.
Why would you run around rto and you
even suggest bribing them.-
EEpicshailesh5634
PARTICIPANT
April 4, 2025 at 11:04 amYeah but he might be akready having transaction. Bank certificates.
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UUrbanfox4601
PARTICIPANT
April 4, 2025 at 8:14 amIf you bought it from Bank, itβs Bankβs responsibility to get it registered to your name (you have to pay the on paper charges).Send a notice to Bank that they have not yet started the process and you need it to be completed within a month.
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EEpickrishna8985
PARTICIPANT
April 4, 2025 at 8:33 amHow do you get to know there is a bank auction coming up?-
FFiercefox9369
PARTICIPANT
April 4, 2025 at 10:18 ammost probably banks will post an ad in news papers.and other thing is network you have to be in close circles of these people who deals with such auctions
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EEshashark985
PARTICIPANT
April 4, 2025 at 8:43 amNAL.. If it is hypothecated , isnβt bank the legal owner for the vehicle until all dues are paid. So i think they will be able to did you check with bank? -
BBraveninja1446
PARTICIPANT
April 4, 2025 at 9:30 amFollow up with your bank as they are legally selling it
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