At Dos Next Gen, we are proud to be India’s first MSME startup authorised by the government in the vehicle scrapping sector. As our cities evolve, our roads modernise, and our environmental awareness deepens, one document is becoming central to this transformation: the Certificate of Deposit (CoD)—commonly known as the Vehicle Scrapping Certificate.
While it may seem like just another formality, this certificate holds real economic, environmental, and regulatory value. In this blog, we unpack what a CoD is, how it works, how to obtain one, and the benefits it offers—both to you and to the world around you.
What Is a Certificate of Deposit (CoD)?
A Certificate of Deposit, also referred to as a Vehicle Scrapping Certificate, is an official document issued when a registered, end-of-life vehicle is dismantled at an authorised scrapping facility. This certificate serves two key purposes:
- It confirms that the vehicle has been permanently removed from the road and de-registered at the Regional Transport Office (RTO).
- It allows the vehicle owner to avail of several financial and regulatory incentives when purchasing a new vehicle.
It’s not just a piece of paper. It is a government-backed tool that encourages responsible ownership and supports India’s transition to sustainable mobility.
Why Is It Important?
With increasing concern over vehicular pollution, congestion, and safety, the Indian government introduced the Vehicle Scrappage Policy in 2021. The goal: to phase out old and polluting vehicles and replace them with safer, cleaner, and more fuel-efficient models.
The Certificate of Deposit (CoD) lies at the centre of this strategy. It forms the bridge between de-registration and renewal—ensuring environmental compliance while rewarding vehicle owners for responsible action.
The Benefits of a Certificate of Deposit (CoD)
The advantages of obtaining a CoD are both immediate and long-term:
1. Monetary Incentives on New Vehicle Purchases
Several original equipment manufacturers (OEMs) offer up to 5% discounts on new vehicle purchases against a valid CoD. These benefits vary by brand and model but are a significant relief for those planning an upgrade.
2. Road Tax and Registration Fee Rebates
Certain Indian states, including Delhi and Maharashtra, provide tax relief for owners submitting a CoD:
- Up to 25% reduction in road tax for private vehicles
- Up to 15% for commercial vehicles
- Registration fee exemption for new vehicles when a CoD is presented
3. Environmental Impact
Older vehicles, especially those beyond 10 years for diesel and 15 years for petrol, are far more polluting. They emit higher levels of carbon monoxide, nitrogen oxides, and particulate matter. By scrapping these vehicles, we reduce pollution and improve urban air quality.
4. Boost to the Circular Economy
Scrapped vehicles contribute significantly to resource recovery. Valuable materials like steel, aluminium, copper, and plastic are recycled and reintegrated into manufacturing processes—minimising the need for virgin raw materials and supporting the green economy.
How Can You Get a Certificate of Deposit?
Dos Next Gen streamlines the entire process, ensuring it is efficient, transparent, and compliant with all regulatory norms.
Step 1: Vehicle Evaluation
Share your vehicle’s details with our team for a quick eligibility check and price estimate. (Note: Our website form is currently under maintenance; please contact us directly for assistance.)
Step 2: Doorstep Pickup
Once approved, we coordinate pickup from your location, ensuring complete convenience and zero hassle.
Step 3: De-Registration & Dismantling
Your vehicle is taken to the Dos Next Gen RVSF (Registered Vehicle Scrapping Facility), which is approved by the Government of India. Here, it is responsibly dismantled in line with MoRTH guidelines, and the necessary documentation is submitted to the RTO for de-registration.
Step 4: Issuance of Certificate
You receive your Certificate of Deposit (CoD), along with the scrap value payment and supporting paperwork. This certificate becomes your key to unlock scrappage-linked benefits on your next vehicle purchase.
What Sets Dos Next Gen Apart?
- Government-Authorised RVSF: Certified by MoRTH, we operate a fully compliant and secure scrapping facility.
- Eco-Friendly Dismantling: Hazardous materials are safely removed, and recyclable parts are recovered as per industry standards.
- Fair Pricing: Transparent valuation based on weight, condition, and market pricing—no hidden costs.
- Full RTO Support: We handle all regulatory and legal formalities for a smooth and worry-free process.
Why It Matters
Policy implementation succeeds only with widespread public participation. The Vehicle Scrappage Policy is not merely a regulatory initiative—it’s a cultural and environmental shift. Each vehicle scrapped responsibly brings cleaner roads, lower emissions, and greater opportunities in the recycling sector.
By retiring outdated vehicles, we reduce pollution, ease traffic congestion, support green manufacturing, and build a foundation for cleaner mobility in India.
Final Thoughts
If you own a diesel vehicle over 10 years old or a petrol vehicle over 15 years, it’s time to consider responsible scrapping. Opting for an authorised partner like Dos Next Gen ensures not only that you receive a valid Certificate of Deposit, but also that your vehicle is recycled in an environmentally conscious and government-compliant manner.
Let’s drive the change—from de-registration to discounts, responsibly.
