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Bharat Series Number Plates: Know these important things before taking insurance for BH series vehicle.

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If you are an Indian citizen working for Central or State Government, Banks, Defence, Administrative Services etc. then you may be eligible to get BH series license plate. Employees working for private firms with offices in four or more states/UTs can also apply for BH series number plates

Bharat Series Number Plates: Three years ago, if you had to settle in any other state of India, then for this you had to re-register your vehicle. Due to this, there was a lot of trouble for those people who keep shifting to different states due to work. To save people from this problem, the government launched Bharat Series Number Plate across India in 2021. Under the Motor Vehicle Act, a vehicle can be driven in the new state without registration only for 12 months. If re-registration is not done after moving to a new state, there can be a heavy fine. This process was quite lengthy and cumbersome for car owners.

If you have a job that requires you to frequently move to a new state, then you should get a Bharat series number plate. This is important not only to save your taxes but also in case your insurance claim is rejected due to non-compliance with road rules.

It is not mandatory to update your car insurance policy every time you move to a new state with a BH series vehicle. Even if you transfer to a new state, your existing insurance policy will remain valid. Having a BH series vehicle exempts the owner from the re-registration process when transferred between states or union territories, thereby reducing the need for policy updates.

Who can apply for BH series license plate?

If you are an Indian citizen working for Central or State Government, Banks, Defence, Administrative Services etc. then you may be eligible to get BH series license plate. Employees working for private firms with offices in four or more states/UTs can also apply for BH series number plates.

When the BH series was introduced by the government, it was limited to new car owners only, but after a year the government announced that old car owners could also register their vehicles under the BH series.

Saving road tax

Car owners can also save intra-state tax when purchasing BH series licensed plates. This is because when you buy a new car and register it, you have to pay a lump sum road tax for 15 years. Whereas private vehicles with BH series license plates are subject to road tax for two years or its multiple, which includes four, six and eight years. Road tax can be paid online for up to 14 years. Annual road tax payment is mandatory after 14 years.

BH series number plate price

BH series number plate price has three price slabs depending on the price of the vehicle. For vehicles priced below Rs 10 lakh, the applicant will have to pay 8% of the invoice price. For vehicles costing between Rs 10-20 lakh the cost will be 10% of the invoice price and for vehicles costing more than Rs 20 lakh it will be 12% of the invoice price.

Insurance for BH series vehicles

Car owners can easily buy insurance for their BH series license plate vehicles through several insurance aggregator websites. When your car is registered under the BH series, it is mentioned in the insurance policy. Many insurance companies are offering motor insurance cover for BH series vehicles. Also, BH series number plates do not affect insurance premiums. You have the option to compare multiple insurance policies online and choose the one that best suits your needs.

No Claim Bonus for Used Cars

The no claim bonus will not be lost if you change your car registration number to BH series number. You just need to apply for change of registration number in the existing policy and the new BH number will be accepted in the existing policy.

Insurance policy renewal

The law mandates car owners to take a three-year third-party and one-year standalone own damage motor insurance policy. So, if you have bought a car in 2021, now is the time to renew your third party motor insurance to cover any third party damages caused due to accidents as well as own damage motor insurance. Do it.

You can easily find motor insurance for your BH series car online at the time of renewal. All you need to do is select the make, model, variant and registration year to complete the process. This way, you can save your time and effort by renewing insurance policies online.

Sunil Kumar
Sunil Kumar
Sunil Sharma has 3 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done B.Com in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @sunil.izone@gmail.com
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