Last updated: February 7, 2025
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.
Itzeazy takes care of the entire process of HP termination in Noida i.e.
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FAQ's
Hypothecation cancellation process in Noida 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 Noida. Also, visit of registered owner at RTO is mandatory.
Following are the steps for HP termination in Noida :
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 Noida:
Yes, its mandatory to clear the loan and do hypothecation termination before selling the car. Without clearing hypothecation in Noida RTO you can not apply for RC transfer process.
You can not do RTO services such as RC transfer, NOC for other state if hypothecation is not removed.
Hypothecation endorsement fees in Noida vary as per the vehicle type. For motorcycle- Rs 500/- , Car- Rs 1500/-
No, you do not need to take your vehicle for physical inspection at RTO office in Noida.
After vehicle(bike/car) loan repayment, you will get NOC from bank or financial institutions. Then you need to apply for HP removal in Noida.
It takes 15-20 days to remove a hypothecation from RC in Noida.