Itzeazy provides Consultancy for Hypothecation termination in Noida, provides end to end assistance along with 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 deletion, required documentation and make your due representation at RTO office.
Documents required for Hypothecation cancellation in Noida
Hypothecation cancellation in Noida - FAQ
1. Is there any validity period of NOC issued by Bank ?
2. The validity of NOC issued by bank has been expired . what should I do ?
3. Can I sell my car without removing hypothecation from it ?
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 .