You can purchase motor insurance without a license, but it comes with strict operational conditions.
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 buy a car with no licence
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 You can purchase motor insurance without a license,
You cannot test-drive the vehicle at a dealership without a valid license or learner's permit. Comparison Table: Owner with vs
Lenders like Bajaj Finserv primarily focus on your financial stability and identity proof (PAN, salary slips) rather than your ability to drive.