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I am shifting from Pune to Bangalore . There is hypothecation on my vehicle . I want to apply for NOC to transfer my bike to Bangalore . Is it necessary to remove hypothecation ?
Ans : There can be two scenario :
1. Loan is repaid fully - Go for HP cancellation and NOC from Pune to Bangalore
2. Loan is continuing - Get the loan continuation letter from Bank and apply for NOC for the bike from Pune to Bangalore with loan continuation
I bought my car on loan and its registered in Pune RTO . Currently I don't live at the address mentioned on the RC book . What should I do ?
Ans : 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 .
Ans : Application for hypothecation removal should be submitted only to the RTO where the vehicle is registered . So if your vehicle is registered at Pune RTO, application should be submitted to the Pune RTO only.
Can I remove hypothecation from my bike online which is registered at Pune RTO ?
Ans : Government process for hypothecation removal is not online in Pune . Its offline process . However, Itzeazy provides online service for hypothecation removal from RC in Pune and Pimpri Chinchwad area .
How can I endorse the hypothecation and its deletion?
Ans: If a vehicle is purchased on loan from a financier the same could be endorsed in the registration certificate. The following are the documents required:
1. Registration certificate in original
2. Two copies Form no.34 duly filled (for endorsement of Hypothecation).
3. A certificate from financier for having retained full dues from the financier (for deletion case only).
4. Self Attested copy of valid insurance.
5. Self Attested copy of address proof of the registered owner.
6. Self Attested copy of valid pollution under control certificate.
7. Prescribed fee.
8. Self Attested copy of PAN Card or Form 60 & 61(as applicable)
Looking for RTO hypothecation removal process online in Pune, Itzeazy provides service for Hypothecation termination in Pune. So if you bought your vehicle on finance from bank , HP termination in Pune needs to be done after re-payment of loan . Service of Itzeazy for hypothecation removal in Pune is door step. Car hypothecation removal in Pune is one of the specialized of Itzeazy. Its important to remove HP from RC in Pune to sell your vehicle or to transfer your vehicle to other state. Upon loan closure Hypothecation closure letter is given by bank . This Hypothecation closure letter is to be submitted to the concerned RTO for Hypothecation removal process from RC in Pune .
Itzeazy has team of expert professionals who will remove hypothecation from RC online in Pune. The HP cancellation process done online while you sit at your home. Its door step and hassle free service.
Application for hypothecation removal should be submitted to the RTO where vehicle is registered.
Following are the RTOs in Pune :
PUNE RTO (MH-12)
38. Dr. Ambedkar Road,
Near Sangam Bridge,
Pune 411 001
PIMPRI CHINCHWAD (PCMC MH-14)
Pimpari - Chincwad
Near Town Planning Pradhikaran,
Nigdi, Pimpri - Chinchwad.
Pune - 411019.
Itzeazy provides online service for hypothecation removal from RC of the vehicle in Pune . Its door step and hassle free service. Thousands of vehicle owners have availed the service of Itzeazy . There is SLA commitment and money back guarantee.
If you have bought your vehicle through loan from bank or financial institution, hypothecation from RC should be removed , once you re-pay loan completely . After closure of the loan, bank provides form 35 & NOC .
Following are the steps involved in hypothecation removal from RC in Pune
To download the form 35 , please visit https://www.itzeazy.com/rto-forms.html
Following are the documents required for hypothecation removal in Pune RTO :
Itzeazy provides door step service for hypothecation termination from RC book in Pune . Following are the steps involved in online service of Itzeazy :