RTO hypothecation removal process online Mumbai

• 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 

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

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.

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

• Login into Parivhan portal
• Go to online services
• Click on vehicle related services
• Select state as "Maharashtra"
• 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 Mumbai RTO you can not apply for RC transfer process.

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

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.  

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 

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

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

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.

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 Mumbai where vehicle is registered.

Following are the documents required for HP addition in Mumbai:

• 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)

?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. 

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.