Procedure for Termination of Hypothecation on Registration Certificate:
If a vehicle is purchased on loan from a financier the same could be endorsed in the registration certificate when the loan is repaid and following are the documents required:
- Registration certificate in original.
- Two copies Form 35 duly filled (for deletion of Hypothecation).(Download Here)
- A certificate from financier for having retained full dues from the financier (for deletion case only).
- Attested copy of address proof of the registered owner.
- Prescribed fee for registration
- NOC from financer.