Scrapping Your Old Car in India: How to Cash the Certificate of Deposit

A registered scrap yard gives you a negotiable Certificate of Deposit — that paper, not the metal, is where the real money is.

Stack the benefits: up to 25% road tax rebate, registration-fee waiver, plus a maker's loyalty discount on your new car.

Private cars need a fitness test only after 20 years; commercial vehicles after 15 — failing it twice forces scrapping.

Delhi-NCR is stricter: petrol cars die at 15 years and diesel at 10, regardless of fitness.

Only scrap at an RVSF listed on Parivahan — a roadside kabadiwala can't deregister the car, leaving you liable.