The process of car transfer has always been a critical aspect of vehicle management. Whether you’re buying, selling, or inheriting a vehicle, understanding these changes is essential to ensure a smooth transition of ownership while avoiding potential legal troubles.

In a bid to make the process facile, the incumbent provincial government has taken a significant step. The Punjab Cabinet has given the green light to initiatives aimed at making car ownership transfers more straightforward in order to assist the public.

Collaborating with the Motor Dealers Association, these modifications have the objective of simplifying the procedure for transferring car ownership. A representative from the Excise Department mentioned that this adjustment is anticipated to accelerate the process of transferring vehicle ownership and alleviate administrative complexities.

Details

The representative elucidated that following the transaction only the seller will initiate the biometric transfer. Once they buyer made the payment, he is required complete the biometric verification with in a span of 30 days. Failure to comply within this period will lead to a monthly fine of Rs. 10,000.

The revisions additionally provide flexibility in transfer documentation. The National Database and Registration Authority (NADRA) family certificate, in conjunction with the inheritance certificate, are now acceptable for ownership transfers. The Excise Department has established penalties to enforce these updated regulations.

In the event that biometric verification is not finalized within 120 days, a new verification process and the imposition of the full penalty will be mandatory. The spokesperson noted that this measure will also contribute to enhancing operational efficiency.

Punjab’s new process and penalties for car transfers are a significant step towards ensuring accountability and transparency in vehicle ownership transactions. And by following the correct process and providing accurate information, you can enjoy a smoother and hassle-free experience when transferring ownership of a car in Punjab.

What do you think about the latest revisions regarding new process and penalties for car transfer in the province.