My vehicle was on loan which I have already closed 3 years back . Bank had given NOC for loan closure which expired long back . Now I want to go for removal of Hypothecation from vehicle in the RTO. Do I need to take fresh NOC from the bank?
Ans: Yes, you will have to take fresh NOC from the bank , as it has been already expired. In some cases work can be managed to get the done with expired NOC . For information on it you may contact one of our representative.
I bought my car on loan and its registered in Faridabad RTO . Currently I don't live at the address mentioned on the RC book . What should I do ?
Ans : No issue . Speak with Itzeazy In Pune RTO , RC gets delivered by post to the address mentioned on the RC after hypothecation removal process . So , ensure that someone can receive your RC at the registered address . Or else you can go for address change on RC along with HP termination .
book HP DELETION online
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Hypothecation Termination Faridabad
Want to apply for HP termination in Faridabad RTO ? Itzeazy provides door-step service for hypothecation termination in Faridabad. The application for HP removal in Faridabad should be submitted to the RTO where vehicle is registered. In this article we will discuss process for HP termination in Faridabad, documents required for HP termination in Faridabad.
In Faridabad there are 3 RTOs :
- Faridabad RTO (HR51)
- Ballabhgarh RTO (HR9)
- Faridabad commercial RTO (HR38)
RTO HYPOTHECATION REMOVAL PROCESS IN faridabad
Itzeazy has following process for Hypothecation removal in Faridabad
- Requirement understanding of the client
- Sharing of the list of documents required
- 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 hypothecation termination in Faridabad
Following are the documents required for hypothecation termination in Faridabad:
- 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
- Copy of address proof of the registered owner (voter card/ passport/ telephone/electricity bill/ ration card) etc.
RTO offices in Faridabad
Following are the RTO offices in Faridabad :
RTO Faridabad (HR51)
Tehsil court compound,
Sector-12
Faridabad
RTO Ballabhgarh (HR29)
RLA cum SDM Panchayat Bhawan
Near Aggarwal Dharamshala
Ballabhgarh
Costs for adding or endorsing hypothecation
Approving a hire-purchase, lease, or Hypothecation removal Faridabad cost:-
- Rs. 500 for motorcycles
- A light vehicle costs Rs. 1500.
- A medium or heavy vehicle costs Rs 3000