How to Remove Two-Wheeler Hypothecation from RC Book - PowerPoint PPT Presentation

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How to Remove Two-Wheeler Hypothecation from RC Book

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Paid off your two-wheeler loan in full? Find out how to get the hypothecation removed from the RC book. – PowerPoint PPT presentation

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Provided by: herofincorp

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Title: How to Remove Two-Wheeler Hypothecation from RC Book


1
  • How to Remove Two-Wheeler Hypothecation from RC
    Book

2
  • Why Should You Remove Hypothecation?
  • Unless you do, the two-wheeler wont be yours.
  • It proves that you have repaid your two wheeler
    loan in full.
  • To get a fresh RC book in your name.

3
  • Collect Necessary Documents
  • After fully repaying the loan, get NOC and Form
    35 from lender.
  • Within 3 months of getting the NOC, submit it at
    the RTO.
  • Also submit Form 35, original RC book, and copy
    of PUC certificate.

4
  • Apply For Removal Of Hypothecation
  • Apply for hypothecation removal at the RTO office
    by submitting the required documents and an
    application form.
  • Pay RTO hypothecation charges.
  • After the RTO office verifies the form and the
    documents, get the next visit date.

5
  • Get the Form of Acceptance From the RTO
  • The form indicates hypothecation removal
    acceptance and covers vehicle details.
  • Check the form for accuracy and get any error
    corrected at the earliest.

6
  • Collect the New RC Card After Paying a Fee
  • After checking the acceptance form, submit it
    with other documents (mentioned before) at
    another counter.
  • Pay the new RC card fee.
  • Collect a receipt featuring the date on which you
    will receive the new RC card.

7
  • To Remove Hypothecation Online
  • Visit the Pariwahan Seva website and hover over
    the Online Services tab.
  • Once you spot the option called Vehicle Related
    Services, submit your state and RTO office
    information.
  • After entering Registration and Chassis number,
    submit an online application for hypothecation
    removal.
  • Removing hypothecation online can save you
    multiple trips to the RTO office, amidst the
    pandemic.

8
  • Become The True Owner of Your Two-Wheeler
  • Dont waste time after paying off your two
    wheeler loan.
  • Get the hypothecation removed fast.
  • Make your two-wheeler yours.

9
Thank You !Would Love to Hear From You
  • Hero FinCorp Limited
  • 09, Basant Lok, Vasant Vihar, New Delhi - 110057
  • Tel. 18001024145
  • Email Id customer.care_at_herofincorp.com
  • Website https//www.herofincorp.com/
  • Know more- Simple Steps to Removing Hypothecation
    from RC Book
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