A.
Dear Client,
It is illegal to drive a two-wheeler without valid insurance in India. The Motor Vehicles Act, 2019, makes it mandatory to have at least third-party insurance. Failing to do so can result in fines (₹2,000 for the first offense, and ₹4,000 for subsequent offenses) and even imprisonment for up to three months. So, when a person buys a two-wheeler through finance, total amount of the loan includes the cost of the bike along with registration fees, insurance premiums and other incid
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