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About Us

Authorized Certificate Of Deposit Trading Platform.

Scrap Certificate is MoRTH (Ministry of Road Transport and Highways, Government of India) authorized online platform for trading Certificate of Deposit (CD) facilitating price determination for various CD categories. Scrap Certificate enables participants to negotiate and trade certificates across all categories of vehicles and is seamlessly integrated with the VAHAN platform. Scrap Certificate also generates and issues transfer certificates instantly to the buyers.

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Scrap Certificate

Start My Journey

Contact Us
1

Connect with CD Sellers & Buyers

Find and connect with verified CD sellers and buyers

2

Negotiate and Get CD

Secure a CD at the best price

3

Instant Transfer Certificates

Transfer certificate generated instantly after transaction is successful

4

Find your Nearest Dealership

Show your CD to the dealer and calculate your total cost-savings

How DigiELV helps you to sell a CD?

Scrap Certificate makes selling your CD (Certificate of Deposit) easy and secure with following steps:

1. Register on Scrap Certificate
2. List your CD certificate for sell
3. Reach Buyers: Your CD becomes visible to a wide network of potential buyers.
4. Track & Trade Digitally: Monitor interest and complete the sale through a secure, GST-compliant process.

Selling a CD on Scrap Certificate is fast, transparent, and completely digital.
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Frequently Asked Questions

Who is eligible to sell a Certificate of Deposit?
Anyone who currently owns a Certificate of Deposit (received from RVSF or through the trading system) can sell before the expiry of CD.
Sellers have to click on the trade button on Vscrap-Vahan portal that will take them to the trading portal scrapcertificate.com to sell the CD.
Seller can quote any price from the prevalent minimum price to the maximum price of around Rs.90,000 to sell.
The sell offer will be active for the defined time period. It will expire once the time period elapses. However, he/she can give an offer again to trade. Currently for user convenience the offer validity is kept 7 days.
How to utilize a CD certificate?
To Utilize a CD, go to “My Active CDs” and click on the Utilize CD button. Once a CD is utilized, the sale of the same CD cannot be done. To claim the CD benefits user approaches dealer who in turn enters the CD number in vahan portal.
Dealers will check through the Vahan portal on the CD certificate that will validate the last purchased CD owner name for utilization.
To sell a CD, 2 steps are required to follow- a. Goto “My Active CDs” and create a sell offer. (Provide bank details to receive money after trade.) b. Goto “My offers for sell”, click on “View Buyers Offer” to check buy offers received and allocate the CD certificate.
To buy a CD certificate, a. Goto “View All Offers”, choose the CD you want to buy and click on Place Buy Offer to create your buy offer. (If no funds are available, go to Add funds/Ledger and add funds.) b.On allocation from the CD seller, you can check the CD in your ‘Active CDs ’ section.