Hypothecation Termination
Remove lender's lien from your RC after loan closure
What is Hypothecation Termination?
Hypothecation termination is the process of removing your lender's (bank/NBFC) lien from your vehicle's RC after you've fully repaid your loan. This legally transfers complete ownership back to you.
Legal Requirement
As per Motor Vehicles Act, you must remove hypothecation within 14 days of loan closure. Driving without termination can cause issues during resale and may lead to fines during RTO checks.
Documents Required
- Original RC with hypothecation
- Form 35 (Hypothecation termination application)
- Loan closure letter from bank/NBFC
- NOC from financier (with stamp & signature)
- Vehicle Owner's ID Proof (Aadhaar/PAN)
- Address Proof
- Copy of loan agreement
- Latest insurance certificate
Our Termination Process
Document Verification
We verify all documents including your loan closure papers
Application Preparation
We prepare Form 35 and coordinate with your financier
RTO Submission
We submit the termination application to your vehicle's RTO
Follow-up
We track application status with RTO (3-5 working days)
Delivery
We courier the updated RC without hypothecation
Hypothecation Termination Services
Choose the service that fits your needs:
Standard Termination
- Document verification
- Form 35 preparation
- RTO submission
- 5-7 working days
₹1,499
Select StandardExpress Termination
- Priority processing
- Financier coordination
- RTO follow-up
- 3-5 working days
- SMS updates
₹2,499
Select ExpressPremium Package
- Urgent processing
- Financier document collection
- Same-day submission
- 2-3 working days
- Certificate pickup & delivery
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