RTO Services, Passport Services in Pune
Hypothecation Cancellation
Hypothecation Cancellation
If you purchased a vehicle on loan from the Bank or Financier, the same is endorsed in the Registration Certificate.
After the loan on the vehicle is closed, you need to remove the Bank or Financier’s name from the Registration Certificate within 90 days.
After the loan on the vehicle is closed, you need to remove the Bank or Financier’s name from the Registration Certificate within 90 days.
Required Documents
|
Registration Certificate (R.C.) |
Original |
|
RTO Form |
Form 35 |
|
Valid Insurance |
Photocopy |
|
Valid Pollution Under Control Certificate (P.U.C.) |
Photocopy |
|
NOC of Bank or Financier (NOC Certificate Issued Should Be Within 90 Days) |
Original |
|
Form No. 35 Dully Signed by Bank Manager and Registered Owner |
Original |
|
New Owner’s Photo |
1 Passport Size Photograph |
Please Note
Vehicle Owner Will Have to Come to RTO for a Signature Before the RTO Authority. (Only in Case of Car of 4W Vehicle of age less than 3 years old.)
Reference
- The Motor Vehicles Act 1988 (Section 51 of Chapter IV)
- The Central Motor Vehicles Rules 1989 (Rule 61)
- Official Transport Department Website: Follow Link
