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Ratheesh Ranjan   09 December 2015

Loan for used super bike

I'm trying to sell my super bike and a probable buyer is taking a loan from a bank for the same.

He said that, the bank will only disburse the amount after the RC is transferred to his name. 

If that is the case, how should I proceed to be safe ?



Learning

 1 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     09 December 2015

You cannot transfer RC without paying anything. or else let him give bank gurantee to you in writing.


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