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BOOK HP TERMINATION ONLINE
Hypothecation Removal in Chennai
Want to apply for Hypothecation cancellation from RC of vehicle in Chennai ? Hypothecation removal in Chennai is required If you have bought your vehicle on finance from bank or financial institute and loan has been re-paid fully. Application for Hypothecation termination should be submitted to the RTO in Chennai where vehicle is registered. In this article we will discuss process for HP termination in Chennai, documents required for HP termination in Chennai.
Itzeazy provides service for Hypothecation termination from RC in Chennai. Service is door step and hassle free. Following are the RTOs in Chennai where Itzeazy provides online service for hypothecation removal from RC of the vehicle :
- Chennai - Central (TN01)
- Chennai - North West (TN02)
- Chennai - North East (TN03)
- Chennai - East (TN04)
- Chennai - North (TN05)
- Chennai - South East(TN06)
- Chennai - South (TN07)
- Chennai - West (TN09)
- Chennai - South West(TN10)
- Tambaram RTO (TN-11)
- Ambattur RTO (TN- 13)
- Meenambakkam RTO (TN-22)
For more information on RTOs in Chennai please visit https://itzeazy.in/chennai/rto
HOW TO APPLY FOR HP DELETION ONLINE IN CHENNAI
Following are the steps we at Itzeazy follow in the hypothecation removal process in Chennai
- Requirement understanding of the client
- Sharing of the list of documents required for HP termination in Chennai
- Advance payment by the client
- Verification of the soft copy of the documents
- Collection of physical copy of documents
- Submission of the document to the RTO
- Time to time update to the client about the progress of the work
- Work completion and dispatch of the document
DOCUMENTS REQUIRED FOR HP termination IN CHENNAI
Following are the documents required for HP termination in Chennai :
- 2 nos. of Form no. 35 duly filled
- A certificate from financier for having retained full dues from the financier (for deletion case only)
- Original RC
- Copy of Valid insurance
- Copy of valid pollution under control certificate
COSTS FOR ADDING OR ENDORSING HYPOTHECATION
Adding a hire-purchase, lease, or Hypothecation removal Chennai cost:-
- Rs. 500 Indian rupees for motorcycles
- A light vehicle costs Rs. 1500
- A medium or heavy vehicle costs Rs 3000
My vehicle is registered in Chennai but I am in Bangalore currently . Is it necessary to visit Chennai RTO for hypothecation termination process ?
Ans : Physical presence of registered owner is not required for hypothecation deletion process in Chennai RTO . If you are in Bangalore , dont worry. Just you need to send your documents to our Chennai office . We will get the work done and send back your documents to Bangalore .
My vehicle which is registered in Chennai is under hypothecation . Now I want to apply for NOC from Chennai to Mumbai . Do I need to close the loan first ?
Ans : You can manage to get the work done with Loan continuation letter from the bank. In this case you will have to take NOC from bank which is also called loan continuation letter. On the basis of this letter from bank, RTO will issue NOC .
There was hypothecation on my car which I re-paid 2 years back . I got loan closure letter from the bank. The validity of it is expired. Can I apply for hypothecation termination with this expired paper ?
Ans : To apply for vehicle hypothecation cancellation, in general loan closure should be valid. Some RTOs accept expired loan closure letter . For detail info on this Pls speak to our team they will guide you.