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Transfer fee of cars in Lahore March 2024 update

07:46 PM | 14 Mar, 2024
Transfer fee of cars in Lahore March 2024 update
Source: File Photo

LAHORE – The Excise and Taxation Department Punjab collects fee for transfer of ownership of vehicles in Lahore and other cities of the province after they are resold.

It is mandatory for all citizens to get the used vehicles registered on their names after buying them from open market in order to avoid any legal complications. 

People are required to submit an application with nearby excise office for transfer of ownership of vehicles. Besides submitting required documents, the applicants deposits a certain amount for transfer of vehicles depending on their engine capacity. 

Transfer of Vehicle Ownership Fee in Lahore

The fee structure for transfer of vehicle ownership is same for all cities of Punjab, including Lahore. 

The transfer fee stands at Rs2,500 for vehicles up to 1000cc. For up to 1800cc vehicles, the transfer fees stand at Rs5,000 while above 1800cc the excise department will collect Rs10,000. 

The transfer fee for commercial vehicles stands at Rs5,000. 

Latest Transfer Fee for Suzuki Alto

As Suzuki Alto falls in the category of vehicles below 1000cc, the applicant, seeking change in ownership, will have to pay Rs2,500.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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