Remove Hypothecation

The practice of car financing while purchasing a vehicle is quite common in Delhi. The process involves when you buy a car on a bank loan, the bank acquires the ownership rights as they paid the money to you to buy it out. The name of the bank gets endorsed on the registration certificate (RC).


The hypothecation has to be removed from RC after the termination/foreclosing of the car loan, which is quite complex. Typically one would approach an agent to get the job done and it may cost you higher than expected.

 

Unlike a home loan where the process involves liaising with a the local bank to close down your loan, a car loan is complex as apart from the banks you also need to knock the door of the regional transport office (RTO). There are some do’s and don’ts that you need to follow while removing hypothecation in Delhi. At Hometurph, our experienced Hypothecation Deletion service provider in Delhi make sure that removing hypothecation after termination or foreclosure of your car loan becomes easier, faster and cost effective.


At Hometurph, we make it simpler for you even in your absence. We also ensure the same transparency of our premier RTO Services in Delhi for your family members and loved ones. We provide you with a personal account manager, who acts like a one-point-contact for all your hypothecation removal for your vehicle in Delhi.


Thus for quick hypothecation removal services in Delhi at your doorstep, we provide easy payment options and assured customer satisfaction. In addition to retain as a promising RTO hypothecation removal service provider in Delhi we are looking forward to reach every family in Delhi, focusing on the prospect of smoother days, hassle free life.


Our premier RTO services in Delhi have earned a stature as we provide transparency in our services. We at Hometurph, ensure 24/7 hypothecation removal services:

Helping you in getting all the necessary certificates from bank
Filling out all the essential forms and submitting them to the correct officials at RTO (Regional Transport Office)
Guiding you with all the required documents during the process
Keeping you informed and aware of any kind of possible complications in the process

LIST OF DOCUMENTS REQUIRED

 

NOC from Bank

 

Original RC

 

Insurance/Pollution Certificate

 

 

 

ID Proof (any one of the following):

 

    Election photo ID card/ Voter ID

 

    Aadhar Card

 

    Passport

 

    PAN Card

 

 

 

Address Proof: (any one of the following):

 

    LIC Policy

 

    Landline Bill

 

    Gas Connection Bill

 

    Electricity Bill

 

    Passbook

 

    Possession Letter

 

    Passport

 

 

 

Customer's presence is mandatory at the govt. office

No

Estimated time for govt. processing

15 - 20 Days

 

 

 

Total price includes government fee, attestation charges, affidavits, forms, if applicable, and our service charges. Late penalty fee and other charges if applicable as per actual. 

 

Our services include:

Making forms available

Guiding you in filling the forms

Collecting and delivering documents from home

Submitting forms at the government office

Getting documents attested and affidavits made if required

Following up with the government offices

Keeping you regularly updated

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Delhi-NCR