Hypothecation termination Ghaziabad

Q: Can I cancel my hypothecation online in Ghaziabad ?

Hypothecation cancellation process in Ghaziabadis 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 Ghaziabad.

Want to apply for hypothecation termination in Ghaziabad? Itzeazy provides service for RTO hypothecation removal in Ghaziabad online. Hypothecation cancellation in Ghaziabad is done by RTO Ghaziabad.

You can apply for HP Cancellation in Ghaziabad, after paying off loan on the vehicle. But before applying, make sure all the required documents for hypothecation termination has been received, like NOC from the bank or respective financing company.

What if hypothecation is not removed ?

If a vehicle is purchased on loan from a financier the same would be endorsed in the registration certificate. As soon as loan gets over , One must get hypothecation removal or hypothecation termination done . Its important because :

Ownership can not be transferred without removal of Hypothecation from the vehicle
NOC for other RTO will not be issued without doing HP removal
In case of loss of RC , application for duplicate RC needs to be endorsed by financer also

Where to apply for vehicle hypothecation removal ?

You can apply for the HP cancellation at the respective RTO. If you require any changes in RC after termination, like address change, you can do a HP termination and the required changes in RC together.

In Ghaziabad there is one RTO. Application for hypothecation termination needs to submitted to the RTO in Ghaziabad :

RTO Ghaziabad, UP14

The Regional Transport Officer ( RTO ),

Bulandsahar Industrial Area

Ghaziabad

How to apply for Hypothecation cancellation/ removal from RTO in Ghaziabad online

Itzeazy provides Consultancy for Hypothecation termination in Ghaziabad. It provides end to end assistance and all documentation support to the clients.

In case you had bought your vehicle through Bank Financing, the vehicle would be hypothecated with the bank and name of the bank would appear in your RC book. Once you have cleared the loan, you should get the HP deleted.

We will take you through step wise procedure of getting NOC from bank for HP termination, documents required for hypothecation termination in Ghaziabad and get it done at the RTO office in Ghaziabad.

Over View

Hypothecation termination Ghaziabad - Overview

Hypothecation termination in Ghaziabad is to be applied in the concerned RTO where the vehicle is registered. Normally HP deletion of vehicle process takes approx. 1 month time.

However actual time may vary some time. Registered owner will have to visit to the RTO once for signature verification purpose. Its mandatory.

Process

Process for Hypothecation cancellation in Ghaziabad

Order online
Make 50% payment online
Upload documents for pre-check
Schedule pickup
Document pick-up & Process starts
Visit of registered owner of vehicle to the RTO
Work completion
Make 50% balance payment & share address for dispatch
Documents delivered & order closed

Document Required

Documents required for Hypothecation cancellation in Ghaziabad

Original RC
2 copy of application in Form No.35
NOC from Bank
Copy of valid insurance
Copy of valid pollution certificate
Copy of Address proof (voter card/ passport/ telephone(MTNL/BSNL)/electricity bill/ Adhar card) , any one

Forms

RTO Forms for Hypothecation cancellation in Ghaziabad

FAQ's

Hypothecation termination in Ghaziabad - FAQ

1. How can I remove hypothecation from RTO Ghaziabad?

Hypothecation cancellation process in Ghaziabad 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 Ghaziabad. Also, visit of registered owner at RTO is mandatory.

Following are the steps for HP termination in Ghaziabad :

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
Visit of registered owner of the vehicle to the RTO
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

2. Do we need to visit RTO for hypothecation removal in Ghaziabad ?

Yes, its mandatory to visit RTO for hypothecation removal in Ghaziabad for documents submission and collection of RC after the work completion.

3. Can I cancel my hypothecation online in Ghaziabad ?

4. I am transferring my vehicle from Bangalore to Mumbai which is on loan from bank. Is it necessary to repay full loan amount to get NOC from RTO ?

Either you can repay complete loan and remove hypothecation or loan continuation letter can be taken from the bank .

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