Sunday, June 24, 2018

Remove Hypothecation from RC book OR Removing bank name from RC book

          Remove Hypothecation from RC book OR Removing bank name from RC book

If you looking to sell your car. First thing you will be asked to get remove bank name from RC ( Registration Certificate Card) book. There are other ways to transfer loan and get new RC book but here this blog is for only those who paid their Car Loans and wanted to remove lender name from RC book. Before you plan to visit RTO office collect following copies and originals.


  1. Bank NOC- Original - You will get NOC from Bank. The bank also sends an NOC for the insurance company, that copy is not needed by the RTO.
  2. Form 35 ( 2 Original Copies). Notice of Termination of an agreement of Hire Purchase / Lease / Hypothecation. This form 35 will be given by your Loan bank when you get NOC from them. Usually NOC will be sent to your Loan registered address , some bank do give courier address choice.
  3. RC Book / Card - Original
  4. Online application payment receipt. I have given details process below . How to apply online for removal of Hypothecation.
  5. Car Insurance - Copy
  6. PUC - Copy
  7. Hypothecation Removal Form or HPP Form. You can get this form from any Xerox outside RTO for Rs.2 . Just ask them form to remove bank name from RC Book.
  8. Aadhaar Card - Copy
Optional Copies to Carry -
  1. Driving License - Copy
  2. Address Proof - Copy - Any address proof which has RC book address. I was not asked but it might be asked.
  3. Photos - Keep passport size photos handy in case.
  4. Carry originals of all ID and Address proof.
Online steps to apply for Hypothecation Termination : 
  1. It is all online now so don't think RTO office people will entertain you for paper based work. Go to Parivahan site , link is below , and enter your registration number ( Basically your car number plate ).

https://parivahan.gov.in/vahanservice/vahan/ui/statevalidation/homepage.xhtml

2. Now click on following link. It will open Submit Online Application (Multiple Fees Payment) page.

Misc (TO/CoA/HPA/HPC/HPT/DupRC)

3. Enter your Car Chassis Number and generate OTP using your cellphone number. Chassis number will be on your RC book. Once you click show details button it will open all details of this owner and registration of this car.

4. On next page now check the Termination of Hypothecation checkbox , verify all other details on page. and submit.

Application Selection
Owner Information


5. Now on next page enter the insurance number,boot slot for appointment to RTO and pay the Hypothecation removal charges about Rs. 250 and print the payment receipt.

Once online application is submitted. As mentioned above mandatory documents visit RTO on mentioned appointment day. Carry Pen, stapler and glue as they will require. Inquire in RTO whom to visit to submit the application. Show him all documents. If everything is correct then he will keep it but in case I was asked to do following things.

1. Self sign on all the copies.
2. Sign on Form 35 and write the Car registration number and Dy RTO <RTO CITY NAME> on the form.
3.On the Hypothecation removal form I was asked to take stamp from another window "Khatala office". and signature on back of the same form. Basically it was consent that in my absence someone else will submit all details.

You can track your online application status through following link then click on STATUS -> Know Your Application Status -> Enter your application number.

https://parivahan.gov.in/vahanservice/vahan/ui/statevalidation/homepage.xhtml

Use following link to check your RTO online application request status using registration number

https://parivahan.gov.in/vahanservice/vahan/ui/appl_status/form_appl_regn_status.xhtml

If you don't know your application number then just follow the step 1 to 4 and as soon as you select any checkbox it will prompt your application number with message that you have already submitted application. Also your application number is printed on your payment receipt.

After applying for my removal of Hypothecation the application got approved within week. Following week my new card printed and dispatched. I received my new RC book smart card almost after month at my RC book address. So process took 45 days from appointment till I get RC book.


NOTE : This blog is written based on my experience in SHRIRAMPUR RTO Office.

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