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VKJ · 30th August 2007, 16:14

Mods, i did a basic search on this forum and found no matching threads.

Let's say vehicle cost is 10 lakhs.
I go for a personal loan instead of car loan for 5 lakhs. The point is the car dealer will be getting full cash payment against the delivery.

My question is will there be any hypothecation clause in my RC book in this case?

Hope i have made my thoughts clear.

Mod's Note: If you do not find an exact match look for the closest matching thread to post your queries.

Have a look at the post somewhere below in this same thread. You will get your answer.

30th August 2007, 16:14	#22 (permalink)
VKJ BHPian Join Date: Aug 2007 Location: Bangalore Posts: 81	Hypothecation Mods, i did a basic search on this forum and found no matching threads. Let's say vehicle cost is 10 lakhs. I go for a personal loan instead of car loan for 5 lakhs. The point is the car dealer will be getting full cash payment against the delivery. My question is will there be any hypothecation clause in my RC book in this case? Hope i have made my thoughts clear. Mod's Note: If you do not find an exact match look for the closest matching thread to post your queries. Have a look at the post somewhere below in this same thread. You will get your answer. Last edited by Zappo : 30th August 2007 at 16:37. Reason: Threads merged.