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Hypothecation Cancellation

Hypothecation Cancellation 1 | digitalexpertgroup.online | digitalexpertgroup | RTO Consultant | Pune

If you purchased a vehicle on loan from the Bank or Financier, the same is endorsed in the Registration Certificate.

After the loan on the vehicle is closed, you need to remove the Bank or Financier's name from the Registration Certificate within 90 days.

Hypothecation Cancellation 2 | digitalexpertgroup.online | digitalexpertgroup | RTO Consultant | Pune

Required Documents

Registration Certificate (R.C.)

Original

RTO Form

  • Form 35

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

Form No. 35 Dully Signed by Bank Manager and Registered Owner

Original

New Owner's Photo

1 Passport Size Photograph

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