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What is the validity period of bank NOC & form 35 ? I took it 4 months back from the back but could not submit to the RTO because of my busy schedule .
Ans : Normally bank mention validity period on the bank NOC . Pvt. banks keep it three months . Public sector banks don't mention validity period . To check the validity read bank NOC carefully. If validity of the NOC of the bank expires , you can request another set from the bank , they will issue it . Bank charges fees for re-issuing bank NOC.
Bank has given me only one form 35 . Will that work ?
Ans : For hypothecation removal from RC , 2 nos. of form 35 is required . one form 35 will not work. Contact your bank for 1 more form 35.
I am moving my car from Hyderabad to Bangalore . I am applying for car NOC from Hyderabad . Is it mandatory to remove hypothecation ?
Ans : If vehicle is on hypothecation , its mandatory to take NOC from the bank first . This bank NOC in original needs to be submitted to the RTO . NOC from bank can be either in the form of HP termination letter if loan re-paid fully or loan continuation letter if loan is continuing .
My car is registered in Hyderabad RTO but currently I live in Delhi . Is it necessary for me to come over to Hyderabad for Hypothecation removal process ?
Ans : RTO in Hyderabad issues RC card with photograph of the registered owner . If there is photograph of you on the old RC card , no need to visit to RTO personally . If photograph of the registered owner is not there on the old RC card , its mandatory to visit RTO for HP deletion process.
Looking for RTO hypothecation removal process online in Hyderabad, Itzeazy provides service for Hypothecation termination in Hyderabad. So if you bought your vehicle on finance from bank , HP termination in Hyderabad needs to be done after re-payment of loan . Services of Itzeazy for hypothecation removal in Hyderabad is door step. Car hypothecation removal in Hyderabad is one of the specialized of Itzeazy. Its important to remove HP from RC in Hyderabad to sell your vehicle or to transfer your vehicle to other state.
Upon loan closure Hypothecation closure letter is given by bank . The Hypothecation closure letter is to be submitted to the concerned RTO for Hypothecation removal process from RC in Hyderabad .
Following are the RTOs in Hyderabad where Itzeazy provides services :
If you have purchased vehicle on loan and re-paid the loan fully , hypothecation should be removed from the RC and the RTO records . Following are the steps to follow to remove hypothecation from RTO in Hyderabad
This is the procedure that is used by Itzeazy for Hypothecation termination process in Hyderabad.
Following are the documents required for hypothecation removal from RC in Hyderabad RTO
To download form 35 , please visit RTO forms
RTO fees for HP addition/ endorsement
RTO fees for hypothecation addition in Hyderabad RTO is :
Motorcycle Rs. 500 )
Light motor vehicle Rs. 1500
Medium/heavy vehicle Rs. 3000