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Is there a time limit (like 15 days, etc) after taking the new car insurance at full value, within which the NCB of the old car must be transferred (and refund claimed)? Asking because I am buying a new car, but, my old car is taking some time to sell.
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Every vehicle must be insured at the time of registration.Hence you will need to insure the new vehicle
What you could do is, take 3rd party insurance till you sell the old vehicle then transfer the NCB - (though I'm not sure if you are allowed 3rd party ins on a new vehicle).
FYI - once you sell a vehicle the NCB can be transfered within 3 years to the new vehicle.
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Is there any way i can get the NCB for the car i have sold recently and transfer it to my new car? of course if the buyer agrees!!!
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What do you mean by "buyer agrees" - The Insurance is in YOUR name - you need to decide if you want to sell the vehicle with the insurance or not!
Here too I have the view that you cannot sell/ transfer the insurance to the new owner.