Issuance of Scrappage Certificate & Certificate of Deposit in India
In
India, the Vehicle Scrappage Policy aims to phase out old, unfit vehicles to
reduce pollution and enhance road safety. A crucial part of this process
involves obtaining two key documents:
This
official document confirms that your vehicle has been responsibly dismantled at
a government-authorized Registered Vehicle Scrapping Facility (RVSF). It serves
as proof of legal disposal and is essential for deregistering the vehicle from
the VAHAN database.
📄 Certificate
of Deposit (CoD)
Upon
scrapping your vehicle, you receive a CoD, which entitles you to various
incentives when purchasing a new vehicle. Benefits include:
• Up
to 25% rebate on road tax for private vehicles.
• Waiver
of registration fees for the new vehicle.
• Manufacturer
discounts of around 5% on the purchase price.
These
incentives are designed to encourage the adoption of newer, more
environmentally friendly vehicles.
📝 How to
Obtain These Certificates
1. Select
an Authorized RVSF: Ensure the facility is recognized by the government.
2. Submit
Required Documents: Typically includes the vehicle’s Registration Certificate
(RC), owner identification, and a consent form.
3. Vehicle
Inspection: The RVSF will inspect and verify the vehicle details.
4. Issuance
of Certificates: After successful scrapping, the facility will provide both the
Scrappage Certificate and the CoD.
For more detailed information and to initiate the scrapping process, visit the official VAHAN portal: VAHAN Vehicle Scrapping Portal
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