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Free agreement template · Word

Company Vehicle Acknowledgement

This acknowledgement is signed when a company car, two-wheeler or delivery vehicle is assigned to an employee. It records the vehicle, documents and odometer reading, confirms the employee holds a valid driving licence, and sets rules on permitted use, fuel, maintenance, accidents, traffic challans and return.

  • Editable Word (.docx)
  • Made for India
  • 15 fill-in fields highlighted
  • Free, no sign-up

Preview of the agreement

[Highlighted] = fill in
[Company Logo][Company Name]

COMPANY VEHICLE ACKNOWLEDGEMENT

Ref. No.:
[Reference Number]
Date:
[Date]

I, [Employee Name], [Designation], Employee ID [Employee ID], acknowledge receipt of the following vehicle from [Company Name]:

ItemDetails
Vehicle Type / Model[Car / Two-Wheeler – Model]
Registration Number[Registration Number]
Odometer at Handover[Reading] km
Insurance Valid Until[DD/MM/YYYY]
Documents Handed OverRC copy, insurance, PUC
Accessories[Spare Wheel / Toolkit / Helmet]
Driving Licence Number
Licence Class
Licence Valid Until

Terms of Use

  1. I hold a valid driving licence for this class of vehicle and will inform HR if it is suspended or expires.
  2. The vehicle is for official use [and limited personal use as per policy]. I will not allow anyone else to drive it without written approval.
  3. I will follow traffic laws, wear seat belts or helmets, and never drive under the influence of alcohol or drugs.
  4. Fuel will be provided through [Fuel Card / Reimbursement] for official use.
  5. I will get the vehicle serviced on schedule at authorised centres and report faults promptly.
  6. In case of an accident, I will inform [Admin Contact] immediately and support the police and insurance process.
  7. Traffic fines and challans arising from my own violations will be my responsibility.
  8. I will return the vehicle with all documents and accessories when asked or on my last working day.
Employee
[Employee Name]
Date: [Date]
For [Company Name]
[Admin Head]
Date: [Date]

What this template includes

  • Vehicle details and odometer reading
  • Driving licence verification
  • Permitted and prohibited use
  • Fuel and maintenance responsibilities
  • Accident and insurance process
  • Traffic fines and return

When to use it

  • When a company car is given to a manager
  • For sales or delivery staff using company two-wheelers
  • When a pool vehicle is assigned for a long period
  • When vehicle rules change

How to customise this template

  1. 1Fill vehicle and insurance details
  2. 2State whether personal use is allowed
  3. 3Set fuel card or reimbursement rules
  4. 4Add GPS tracking notice if fitted

HR tips

  • Verify the licence before handover and keep a copy
  • Record vehicle condition with photos
  • Make the challan responsibility clear in writing
  • Check insurance and PUC validity regularly

This template is a starting point. Review it against applicable labour laws, state rules, your standing orders and company policies, and with a legal adviser where needed.

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Frequently asked questions

Who pays traffic fines on a company vehicle?+

Policies usually make the driver responsible for challans caused by their own violations; state this clearly in the acknowledgement.

What documents should be in a company vehicle?+

Registration certificate, valid insurance, pollution certificate and any permits, as required under motor vehicle rules.

Can the employee use the company car on weekends?+

Only if the company vehicle policy allows personal use; this form records the agreed position.