Originally Posted by slashinv
Quick Query - what is form 22 ? so all you want to say is we can hold full payment or loan disbursement till PDI ? if that's true, wonderful.
Yes, we can hold payment until PDI as I have done. My loan has already been cleared by Bank of Baroda and they are waiting for my confirmation to issue DD. My dealer has called me 2-3 times now about payment but my standard reply every time is let the car come to your stockyard, I will inspect it and then only I will tell my bank to issue DD in your favor.
In Form 22" certificate (issued by the manufacturer), you will find the engine/chassis numbers on this certificate, while the month/year of manufacture are on the "road-worthiness" certificate (part of Form 22).
For new cars, the roadworthiness certificate is issued by the car’s manufacturer and can be obtained from the dealership. The certificate is valid for 15 years and is then renewable every five years.
The certificate is awarded after a car has undergone certain tests for “roadworthiness” – the extent to which a vehicle meets the standard requirements for safe driving on open roads.