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[citation needed] However, the validity of any two-wheeler insurance is one year and it has to be renewed every year either with the same company or the different company. [citation needed] Many insurance companies make their presence online. [3] The inspection of the vehicle is not undertaken and left to the risk of the insurance company.
While the long-term insurance policy is 3 years for four-wheelers, it is 5 years for two-wheelers. The following guidelines are issued to implement the Supreme Court guidelines via a circular issued to insurers under Section 14(2) of the Insurance Regulatory and Development Agency of India Act, 1999, effective September 1, 2018.
Policybazaar is an Indian insurance aggregator and multinational financial technology company based in Gurgaon. The corporation was established in June 2008 by Yashish Dahiya, [ 3 ] Alok Bansal [ 4 ] and Avaneesh Nirjar. [ 5 ]
ICICI Lombard General Insurance Company Limited is an Indian general insurance company headquartered in Mumbai, Maharashtra. ICICI is engaged with general insurance, reinsurance, insurance claims management and investment management. [3] The company has a Gross Written Premium of ₹217.71 billion (FY2023).
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. [6] [7] It has a customer base of 88.11 million [8] and holds assets under management worth ₹ 354,192 crore (US$41 billion), as of June 2024.
In Gujarat, RTO is charging ₹ 500 for 2-wheeler vehicles and ₹ 1,000 for 4-wheeler vehicles for chosen number plate, but the chosen number plate not be unique, Ex 4521, 6523, etc. For VIP number 1 (4-wheeler vehicle), RTO distribute an application form to bid for unique number plate which will be attached with amount of money.
Application for a provisional driving licence can be made from the age of 16. Provisional licences allow the holder to drive a moped or gearless motorcycle from age 16, [2] or a motorcycle/scooter with manual transmission, three wheeler, car, or any motor vehicle with a maximum of four wheels and less than 7500 kilograms, from age 18. [3]
TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai.It is the third-largest motorcycle company in India by revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles.