RTO hypothecation removal process online Faridabad

Hypothecation cancellation process in Faridabad is not online completely . Application can be filled online. Fees can be paid online . However physical submission of application forms and supporting documents is required at concerned RTO in Faridabad.

Following are the steps for HP termination in Faridabad : 

• Arrange loan closure letter and form 35 from the bank
• Visit the official website of parivahan: https://parivahan.gov.in/parivahan/ 
• Select ‘Vehicle related Services’
• Select ‘State’ and input the ‘RTO number’, then click ‘Proceed’
• Select ‘Apply for Hypothecation Termination’
• Enter your vehicle details such as Vehicle Registration No. and the last five characters of chassis number
• Fill up the application detail carefully
• Deposit Requisite RTO fees online
• Take print of RTO fees receipt
• Submit signed application forms along with supporting documents to the concerned RTO.
• Application will be scrutanized and processed
• You will get new RC after HP removal after one month 
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Either you can repay complete loan and remove hypothecation or loan continuation letter can be taken from the bank .

Following are the steps to check status of hypothecation cancellation in Faridabad:

• Login into Parivhan portal
• Go to online services
• Click on vehicle related services
• Select state as " Haryana"
• Select RTO and proceed
• Go to status
• Click on " know your application status"
• Now enter either vehicle no. or application number in the box and get the status

Yes, its mandatory to clear the loan and do hypothecation termination before selling the car. Without clearing hypothecation in Faridabad RTO you can not apply for RC transfer process.

No, there is no need to have physical inspection of the vehicle for HP termination in Faridabad .

It takes 15-20 days to remove a hypothecation from RC in Faridabad .

After vehicle(bike/car) loan repayment, you will get NOC from bank or financial institutions. Then you need to apply for HP removal.

Yes, you will get new RC after hypothecation removal in Faridabad  . You need to submit original RC in the RTO along with supporting documents to terminate hypothecation. New RC is issued, after processing is done in the RTO. 

?Vehicle hypothecation from RTO can not be done with soft copy of bank NOC and form 35. Original bank NOC and form 35 is required to apply for hypothecation termination in the RTO. Please contact your bank and get the physical copy of bank NOC and form 35 having original seal and sign of the bank on it. After this you need to submit application for hypothecation termination in the RTO where vehicle is originally registered. 

Yes, you will get new RC after hypothecation removal in Faridabad. You need to submit original RC in the RTO along with supporting documents to remove hypothecation from RTO. New RC is issued, once process is done in the RTO.

1. Ownership is still shown under the bank/financer:

   • Your RC (Registration Certificate) will continue to show the financer (bank/NBFC) as the vehicle’s legal owner.

   • Even if you've repaid the loan, the vehicle isn’t fully yours on record until hypothecation is removed.

2. You cannot sell or transfer the vehicle:

   • Selling the vehicle requires a clear RC. Hypothecation must be removed before ownership can be transferred to a buyer.

3. You may face legal/insurance complications:

   • In case of accidents, insurance claims might get complicated since the financier is still listed.

   • Some insurers may deny full claim or settlement if hypothecation details are outdated.

4. Vehicle NOC cannot be issued:

   • If you plan to shift to another state or RTO, the RTO will not issue a No Objection Certificate (NOC) until hypothecation is removed.

5. Delays in re-registration or scrapping:

   • If you want to re-register the vehicle in another state or get a vehicle scrapped, a clean RC is required.

6. Challans or notices may still go to the bank:

   • In some cases, traffic or legal notices might still be directed to the registered owner (bank), causing confusion or delay.

You can change address on your RC While applying for hypothecation termination. You should apply for hypothecation termination with change of address. 

Following are the documents required for hypothecation termination with address change :

• Original RC
• 2 nos. of application in form 35
• NOC from Bank
• 2 nos. of form 33
• Self attested copy of valid insurance
• Self attested copy of valid pollution certificate
• Self attested copy of address proof (voter card/ passport/ telephone(MTNL/BSNL)/electricity bill/ Aadhar card) , any one 

If the bank from which you had taken loan has been merged with new bank, in that scenario you should contact new bank. The new bank will issue bank NOC and form 35.