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

Lenders like Bajaj Finserv primarily focus on your financial stability and identity proof (PAN, salary slips) rather than your ability to drive.

Some insurers offer a "Loss of License or RC" add-on that provides monetary compensation if your physical documents are lost, though this does not permit unlicensed driving. 4. Legal Limitations and Driving

Driving without a license is a criminal offence under the Motor Vehicles Act. First-time offenders can be fined ₹5,000 , while repeat offences can lead to fines up to ₹10,000 or jail time. Comparison Table: Owner with vs. Without a License Without License With License Buy a Car Register in Own Name Obtain Insurance Allowed (requires primary driver) Standard process Apply for Loan Possible (with alternative ID) Standard process Drive on Public Roads Prohibited Test Drive Prohibited

If you (as the unlicensed owner) are involved in an accident while driving, the insurance company will likely reject the claim immediately.

It is legal for anyone with a valid license to drive a car you own, provided they have your consent.

Buy A Car With No Licence Here

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

Lenders like Bajaj Finserv primarily focus on your financial stability and identity proof (PAN, salary slips) rather than your ability to drive. Most banks require the car to be insured

Some insurers offer a "Loss of License or RC" add-on that provides monetary compensation if your physical documents are lost, though this does not permit unlicensed driving. 4. Legal Limitations and Driving Insurance and Claims You must be at least

Driving without a license is a criminal offence under the Motor Vehicles Act. First-time offenders can be fined ₹5,000 , while repeat offences can lead to fines up to ₹10,000 or jail time. Comparison Table: Owner with vs. Without a License Without License With License Buy a Car Register in Own Name Obtain Insurance Allowed (requires primary driver) Standard process Apply for Loan Possible (with alternative ID) Standard process Drive on Public Roads Prohibited Test Drive Prohibited

If you (as the unlicensed owner) are involved in an accident while driving, the insurance company will likely reject the claim immediately.

It is legal for anyone with a valid license to drive a car you own, provided they have your consent.