Fastest & Easiest way to get Citizen Services

Hypothecation termination in Gurgaon

Do you want to apply for hypothecation termination in Gurgaon online ? Itzeazy provides service for RTO hypothecation removal online in Gurgaon. RTO hypothecation removal process in Gurgaon is done by RTO Gurgaon .

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

What if hypothecation is not removed?

If a vehicle is purchased on loan from a bank/ financier the same would be endorsed in the registration certificate. As soon as loan gets over , One must get hypothecation removal or 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 of Gurgaon. If you require any changes in RC after termination, like an address change, you can do a HP deletion and the required changes in RC together.

In Gurgaon there are 4 RTOs. Depending on where is vehicle registered, documents need to be submitted.

HR26 - Gurgaon North  RTO
HR55 - Gurgaon commercial RTO
HR76 - Gurgaon South RTO
HR98 - Badshahpur RTO

 

HP termination

How to apply for Hypothecation removal in Gurgaon online

RTO hypothecation removal process in not online completely in Gurgaon. Application can be generated online, fees can be deposited online. But physical submission of documents is required at RTO.

Itzeazy provides Consultancy for hypothecation termination in Gurgaon , provides end to end assistance and 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 termination done. We will take you through step wise procedure of getting NOC from bank for HP cancellation, documents required for hypothecation termination in Gurgaon and get it done at Gurgaon RTO office.

Over View

down wards icon

Hypothecation Termination in Gurgaon - Overview


Hypothecation removal from RC 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. Visit of registered owner or vehicle to the RTO is not required.


Process

down wards icon

Process for Hypothecation cancellation in Gurgaon


  • Order online
  • Make 50% payment online
  • Upload documents for verification
  • Schedule pickup
  • Document pick-up & Process starts
  • Work completion
  • Make 50% balance payment & share address for dispatch
  • Documents delivered & order closed

Document Required

down wards icon

Documents required for Hypothecation cancellation in Gurgaon

  • 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
  • Notorised affidavit for vehicle hypothecation termination
  • Photograph of registered owner with the vehicle

Forms

down wards icon

RTO Forms for Hypothecation cancellation in Gurgaon 


  • Form 35
  • Sample form 35
  • Bank NOC sample
  • Form 34
  • Sample form 34

FAQ's

down wards icon

Hypothecation deletion - FAQ

1. How can I remove hypothecation from RTO Gurgaon?

downArrow

Hypothecation cancellation process in Gurgaon 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 Gurgaon.

Following are the steps for HP termination in Gurgaon : 

  • 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 

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

downArrow

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

3. Can I cancel my hypothecation online in Gurgaon?

downArrow

Hypothecation cancellation process in Gurgaon 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 Gurgaon.

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

downArrow

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

5. Is hypothecation removed automatically?

downArrow

No. Hypothecation is not removed automatically. Bank issues NOC certificate and form 35 set for vehicle loan closure. Application for hypothecation removal should be submitted in the concerned RTO for HP termination from the RTO record.

6. How to check if RC has hypothecation?

downArrow

The status of hypothecation can be checked from Parivahan website . If vehicle has a loan it would be shown as financed from the bank.