Transport Ministry said that 58 people have submitted applications to pay in monthly installments, and the service have already been provided to 20 of these applicants.
Fifty eight people have applied for the opportunity to pay annual fees and fines related to land and sea vehicles in installments.
Transport Ministry said that 58 people have submitted applications to pay in monthly installments, and the service have already been provided to 20 of these applicants.
According to the application form, monthly installment payments are available if the unpaid amount exceeds MVR 5,000. The amount must be overdue, and the applicant must not have previously received an installment payment opportunity.
The Ministry stated that the person requesting installment payments must be the owner of the vehicles.
- For MVR 5,000-10,000: 18 percent commitment payment required, can be paid over 10 months
- For MVR 10,001-30,000: 12 months payment period with 15 percent commitment payment
- For MVR 30,001-50,000: 14-month payment period with 15 percent commitment payment
- For MVR 50,001-75,000: 16 months payment period, 15 percent commitment payment
- For MVR 75,001-100,000: 18-month payment period, 15 percent commitment payment
Transport Ministry said those who need to pay between MVR 100,000 and 400,000 will get 20 to 28 months to pay, with a 10 percent commitment fee.
Those who need to pay between MVR 400,000 and MVR 3 million will get approximately three years to pay, with a 5 percent commitment fee. Those who need to pay more than 3 million will also get about three years [42 weeks] to pay with a 5 percent commitment fee.
Even with the installment payment relief, if the commitment fee isn't paid on time, the application will be cancelled. These individuals will also lose the opportunity to pay in installments.
When the opportunity to pay annual fees and fines in installments was offered, there was a significant issue with large unpaid fines.
During the last presidential election, then-President Ibrahim Mohamed Solih pardoned all parking sticker fines for five years. The pardon covered parking fines from November 17, 2018 to October 5, 2023.
Traffic violation fines were pardoned for those who participated in a specially designed program. This was a 20-hour training program designed by the police to raise awareness about traffic regulations and other social issues.
However, although registration for the program was opened in late September 2023, its current status is unknown.
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