Hypothecation termination in Gurgaon

Last updated: March 7, 2025

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.

Process for Hypothecation termination in Gurgaon

Following are the steps for hypothecation termination in Gurgaon :

Collect loan closure letter and form 35 from the bank
Apply online for HP termination
Deposit requisite RTO fees for HP termination
Submit application form along with supporting documents to the concerned RTO
Processing of the application at RTO
Hypothecation cancellation done, issue of new RC

Processing time : 30 days

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.

Depending on where is vehicle registered, documents need to be submitted.

Apply for Hypothecation termination 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.

Itzeazy takes care of the entire process of HP termination in Gurgaon i.e.

Documentation support
Submission of the application at RTO
Follow up with RTO for the progress of work
Issue of RC & delivery of it

Itzeazy provides service in the following RTOs :

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

Over View

Hypothecation Termination in Gurgaon

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.

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.

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

Advantages of RTO Hypothecation Removal From RC

Following are the benefits of removing hypothecation from RC :

100% ownership – You have complete control over your vehicle once the hypothecation is removed from RC. You can sell, transfer, scrap or modify your vehicle as you wish. Consent of financier is no longer required.

Clean title – Hypothecation termination ensures that the you are the only owner . Bank has no say in it. A clean title makes selling or transferring the vehicle easier.

Insurance claim - Insurance claims becomes complex procedure , if its under hypothecation from the financier .

Resale value – When you go to sell your vehicle, dealers often bring down the price based on the basis of pending documentation. Also more you delay, more is the chances that Bank NOC gets expired. It will further bring down the value of the vehicle. With these complications, your negotiation power reduces.

Hassle-free documentation – You need to take consent from financier every time for every RTO process such as duplicate RC, vehicle NOC, RC transfer etc. Once Hypothecation removed from RC, Its no longer required.

Process

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

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

RTO Forms for Hypothecation cancellation in Gurgaon

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

FAQ's

Hypothecation deletion - FAQ

1. How can I remove hypothecation from RTO Gurgaon?

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?

No, it is not required 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?

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 ?

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

5. Is hypothecation removed automatically?

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 hypothecation cancellation online in Gurgaon or how to check hypothecation of vehicle online in Gurgaon ?

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

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

7. I want to sell my car which is registered in Gurgaon RTO. There is loan on the car. Is it necessary to remove hypothecation from RC in the RTO before selling car ?

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

8. Can we sell car/bike without hypothecation termination?

No, you need to clear outstanding loan on your car/bike and then apply for hypothecation termination. After HP removal, you can sell you vehicle.

9. Can hypothecation be removed in any RTO of Gurgaon?

No, you have to apply for HP removal at the RTO office where the vehicle is registered in Gurgaon.

10. How long does it take to remove a hypothecation from RC in Gurgaon?

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

11. Do we get new RC after hypothecation removal in Gurgaon?

Yes, you will get new RC after hypothecation removal in Gurgaon. 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.

12. How can I endorse the hypothecation on my vehicle in the RTO ?

If a vehicle is purchased on loan from a financier the same could be endorsed in the RTO record of RC. Application for hypothecation should be submitted to the RTO in Gurgaon where vehicle is registered.

Following are the documents required for HP addition in Gurgaon :

Original RC
Two copies Form no.34 duly filled (for endorsement of Hypothecation).
A certificate from financier for having retained full dues from the financier (for deletion case only).
Self Attested copy of valid insurance.
Self Attested copy of address proof of the registered owner.
Self Attested copy of valid pollution under control certificate.
Prescribed RTO fee.
Self Attested copy of PAN Card or Form 60 & 61(as applicable)

13. Can I get NOC from bank online?

You can get NOC from bank online. However please note that to remove hypothecation from RC in the RTO you need to submit original hard copy of the bank NOC signed and stamped by the bank along with supporting documents.

So get the original bank NOC and form 35 from the bank.

Order Now