Vehicle registration number plates in India follow a standardized system that provides information about the location and year of registration. In recent years, certain registration codes have become popular and demanded for their uniqueness, special numbers, or the status they carry.
One such code is “23 BH” which many vehicle owners aspire to have. This article will explore the meaning, pricing, application process and other aspects of 23 BH number plates.
What Does 23 BH Number Plate Mean?
Unlike other registration codes that represent a state, 23 BH does not stand for any specific region. The “23” refers to the year 2023 when the vehicle was registered. The letters “BH” stand for Bharat (which is India) in Hindi.
So a 23 BH number plate simply means the vehicle was registered across India in the year 2023. This makes the code unique since most other plates correspond to states. For instance, DL stands for Delhi and MH stands for Maharashtra on number plates. But 23 BH marks a vehicle registered under the central jurisdiction in 2023.
Why Are 23 BH Plates Popular and Valuable?
For any passionate vehicle enthusiast, their number plate carries emotional value along with the monetary value. Since 23 BH does not represent a state, it gives owners across India a chance to get their hands on a unique registration number. Moreover, the code 23 holds a distinctive appeal for standing out.
In the vast sea of vehicles, registration numbers play an important role to make one’s car stand out. And combinations like 23 BH allow owners to have a fancy number plate that offers exclusivity.
The year 2023 is also meaningful for many people for personal reasons, commemorating weddings, births, new ventures, and so on. Hence, 23 BH offers a memorable number plate to celebrate 2023.
Furthermore, because 23 BH is in high demand in the luxury car market, it tends to fetch a premium resale value. This adds to its monetary worth. Those looking for vanity plates are willing to pay top dollar to get their desired registration number. Overall, the exclusivity, personal connection with 2023 and potential resale value make 23 BH number plates valuable.
How Much Do 23 BH Number Plates Cost?
Since they are rare and coveted registration codes, 23 BH number plates command steep prices at auctions and dealerships. The cost can vary depending on these factors:
- Base Registration Fee: Every vehicle registration comes with a basic Regional Transport Office (RTO) fee that can range between ₹1,000-5,000. This establishes the minimum rate for any number plate.
- Special Number Fee: For fancy registration codes, RTOs levy an additional charge over the base fee. For 23 BH, this fee can be in the range of ₹15,000-50,000 depending on the RTO.
- Auction Valuation: Number plates like 23 BH that are in high demand get auctioned to the highest bidder. Here, pricing depends wholly on what vehicle owners are willing to pay for it. Bids can reach into lakhs based on competition.
- Premium from Dealers: Certain dealers procure special number codes early on and sell them to prospective buyers at a premium. The profit margin on such plates can be over 50% of the auction cost.
In most cases, the cost of 23 BH number plates begins from ₹50,000 and can go upwards of a few lakhs based on the valuation. So it is definitely an expensive asset for vehicle lovers but also carries high value.
How to Get 23 BH Registration Plates?
To get hands on the 23 BH vehicle number plate, citizens have a few options:
- Directly apply through RTO: You can try your luck by applying for new registration at RTOs in 2023. If they have 23 BH numbers available, it will come at base registration fee plus special number charge. However, RTO codes get depleted quickly and have uncertain allocation.
- Participate in upcoming auctions: Several RTOs will auction series like 23 BH and allot them to highest bidders. Participating in these auctions as soon as they are announced improves your chances before plates run out. But you need to place competitive bids to win.
- Approach specialty dealers: Many dealers acquire in-demand number codes even before common buyers. They offer these plates to interested parties but charge a premium. Based on your budget and urgency, such dealers can connect you to various fancy numbers for luxury vehicles.
- Buy from existing owner: You can also source 23 BH registered pre-owned vehicles from their owners. This eliminates the acquisition race. But you need to pay the seller’s asking price for the number plate privilege.
In short, getting 23 BH requires months of planning. Given limited availability and extreme demand, having sharp RTO auction insights and fair patience helps secure these coveted codes.
FAQs About 23 BH Number Plates
Which state does 23 BH number plate belong to?
23 BH number plates do not correspond to any particular state. BH stands for Bharat, meaning pan-India jurisdiction.
What is the main appeal of 23 BH registration numbers?
For luxury vehicle owners across India, 23 BH offers a rare and appealing registration number. The code 23 also has a distinctive look while being associated with the year 2023 holds meaning for many people.
How much could a 23 BH number fetch at auctions?
Premium fancy registration numbers like 23 BH get sold for steep prices at auctions. Depending on bidding wars, some plates have fetched charges running into several lakh rupees.
What legal paperwork is required to get 23 BH number plates?
The legally mandated paperwork includes standard vehicle registration documents like PUC certificate, insurance papers and road tax payment receipts. RTOs may also request additional identity and address proof documents before allotting special numbers.
Can I purchase vehicle number 23 BH from another state?
Since 23 BH signifies country-wide jurisdiction, you can legally acquire these number plates for your vehicle even if it is registered in another state. However additional NOC and RTO transfer processes may be required post-purchase based on state laws.
Conclusion
The vehicle registration number plate 23 BH is one of the most popular codes in India presently. Unlike state-specific plates, it signifies all-India jurisdiction for vehicles registered in 2023 with BH standing for Bharat. For luxury car aficionados and enthusiasts, 23 BH offers a fancy number with exclusivity and strong significance.
But its high desirability also makes it expensive and difficult to acquire. With smart monitoring of RTOs, auctions and dealers, vehicle lovers stand a chance to procure this premium number plate. But it requires strategic planning and willingness to pay a higher cost. For those able to obtain 23 BH codes, it will serve as an eye-catching badge of honor and valuable asset.