Most banks require the car to be insured before the loan is disbursed. While the policy can be in your name, you must provide the details of a licensed primary driver to satisfy the insurer's risk assessment. 3. Insurance and Claims
You must be at least 18 years old to legally enter a purchase contract. 2. Financing and Loans buy a car with no licence
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It is legal for anyone with a valid license to drive a car you own, provided they have your consent. Most banks require the car to be insured
When applying for registration at the RTO , you must provide identity and address proof, but the form does not mandate the owner's driving competency. Insurance and Claims You must be at least
While the law allows you to purchase a vehicle as an asset, it strictly prohibits you from operating it on public roads until you have a valid license. Below is a detailed report on the requirements, benefits, and limitations of buying a car without a license.
You can purchase motor insurance without a license, but it comes with strict operational conditions.