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It is buyer’s responsibility to transfer vehicle ownership and payment of pending RTO taxes, if any.

Who is responsible for transferring ownership of the vehicle?

RTO transfer can be done through empaneled agents of Tata Motors Finance Ltd. However, all expenses will have to be borne by the buyer.

What RTO transfer services shall Tata Motors Finance Ltd provide ?

Form 28, 29, 30, 35

What NOC papers shall Tata Motors Finance Ltd provide?

It is advisable to inspect the vehicle before buying.

Should the vehicle be inspected before buying?

Yes. Tata Motors Finance Ltd shall provide refinance facility.

Is Refinance facility available from Tata Motors Finance Ltd

<ul>
	<li>TCS @1% of bid amount if sale amount exceeds Rs.10 lakh</li>
	<li>Parking charges upto date of release of vehicle from yard</li>
</ul>

Are there any other charges to be paid apart from winning bid amount?

Payment is to be done in Tata Motors Finance Ltd bank account through RTGS/NEFT

For TMFL:&nbsp;&nbsp; 
Bank Name: AXIS BANK 
Account no: TMFLTD xxxxxxxxxx(10-digit loan account number) 
Account Name: TATA Motors Finance Ltd. 
IFSC CODE: UTIB0CCH274

For TMFSL:&nbsp; 
Bank Name: Axis Bank&nbsp; 
Account no: TMFSOLxxxxxxxxxx(10-digit loan account number)&nbsp; 
Account Name: TATA Motors Finance Solutions Ltd.&nbsp; 
IFSC CODE: UTIB0CCH274

How do I make payment?

You will receive SMS of having won the bid. Also, TMF representative shall contact you.

How will I be informed of approval of my quoted price?

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