​​​​​HP cancellation from RC of vehicle in Chennai 


HP cancellation from RC of vehicle 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 :


  1. 2 nos. of Form no. 35 duly filled
  2. A certificate from financier for having retained full dues from the financier (for deletion case only)
  3. Original RC
  4. Copy of Valid insurance
  5. Copy of valid pollution under control certificate



​​
COSTS FOR ADDING OR ENDORSING HYPOTHECATION


Approving 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 


HP termination chennai order booking
HP termination chennai order
Itzeazy logo

To book order or for any query or concern please speak to one of the consultants over phone or chat. You can also write to us. We will get back to you. 

HP termination chennai faq

BOOK HP TERMINATION ONLINE

HP termination chennai order


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 . 

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 .