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Hypothecation Cancellation

  • Hypothecation Cancellation

Hypothecation Cancellation

When you finance a vehicle purchase through a bank or financier, the loan agreement is noted on the Registration Certificate. Upon completing the loan repayment, you must remove the bank or financier's name from the Registration Certificate within 90 days.

Required Documents
Registration Certificate (R.C.) Original
Form No. 35 Dully Signed by Bank Manager and Registered Owner Original
Valid Insurance Photocopy
Valid Pollution Under Control Certificate (P.U.C) Photocopy
NOC of Bank or Financier (NOC Certificate Issued Should Be Within 90 Days) Original
New Owner’s Photo 1 Passport Size Photograph
Vehicle FrontSide Photo Share on whatsapp with our team representative
Vehicle Owner's
  • Aadhar Card
  • PAN Card
  • Mobile Number
Photocopy
Please Note
  • Vehicle Owner Will Have to Come to RTO for a Signature Before the RTO Authority. (Only in Case of Car of 4W Vehicle of age less than 3 years old.)
Reference
  • The Motor Vehicles Act 1988 (Section 51 of Chapter IV)
  • The Central Motor Vehicles Rules 1989 (Rule 61)
  • Official Transport Department Website: Follow Link
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