Three references. One clearer decision.
Separate statutory Third-Party reference, estimated IDV and No Claim Bonus context. Nothing here is presented as an insurer-specific final premium.
TP · IDV · NCB
Statutory Third-Party Reference
Select the vehicle category, then type the engine capacity directly. Presets are optional shortcuts — they never replace the numeric field.
- Base / reference
- Statutory TP
- GST
- ₹—
- Indicative total
- ₹—
Illustrative GST @ 18% where applicable. Actual tax treatment is subject to the applicable insurance transaction and prevailing law.
This is the applicable statutory TP reference for the selected vehicle category. It is not an insurer-specific comprehensive quote.
Estimated IDV
Use a numeric vehicle value and age. The depreciation reference is separated from premium pricing.
—
Indicative reference only. Actual insurer/product IDV may vary.
NCB / Own-Damage Context
No Claim Bonus is a reference to the own-damage component where applicable. It does not reduce statutory Third-Party premium.
NCB applies to the own-damage component where applicable, not to statutory TP.
Transparent by design.
The TP reference is maintained as a versioned statutory configuration. The IDV and NCB tools are reference tools only; neither is an insurer quote engine.
- Source
- MoRTH G.S.R. 394(E) · 25 May 2022
- Effective
- 1 June 2022
- Version
- TP-REFERENCE-2026-08-20-01
- Last verified
- 20 August 2026
- NCB reference
- IRDAI motor policy wording reference
Reference the number. Discuss the decision.
Own Damage pricing depends on insurer, IDV, vehicle, age, NCB, discounts, add-ons, underwriting and applicable taxes. We do not apply a universal OD rate.