Is Individual Car should be purchase on Home address ?
Tipsy
(Querist) 04 September 2009
This query is : Resolved
Is it compulsory that Individual Car should be purchase on Ration Card Address
My Car broker says individual car must be purchase as per ration card proof
And Company car must be puchase as per electric bill proof. Now my Residence
Is in Mumbai and office is in Vashi , if I purchase my car in individual name on
Vashi address, I save Rs 25000/- but he says in the event of big accident , insurance
Company will create problem , if you buy car in individual name on your office
Address, is this true ?
A V Vishal
(Expert) 04 September 2009
Please refer the Mumbai RTO website, I tried checking it but did not find any such rule as told to you by your Broker, I suggest you directly approach the RTO helpline to solve your problem.
Raj Kumar Makkad
(Expert) 05 September 2009
The insistance of your broker is illegal as there is no such rule to obstruct your way to purchase the car at your offcial address. You can contact higher offices of the selling company for the solution of this problem.
