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Old 7th July 2018, 10:08   #376
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Default Re: ARTICLE: RTO Hypothecation Removal Process - Step by Step Guide

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Originally Posted by Midas View Post
How long are the documents that I obtained from bank for loan closure valid? I obtained these almost
Dear Midas, my SBI guy ( 2 days back) told me to get the thing closed in 3 months time period from the date mentioned on Form 35. Actually there is a space to mention date on Form 35.

I think you cross check with your bank once before visiting RTO.

Regards Vikas
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Old 16th July 2018, 12:19   #377
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Default Re: ARTICLE: RTO Hypothecation Removal Process - Step by Step Guide

Got this done for my car recently in Pune:

1) Collect all the documents:
a) two copies of Form 35, NOC each (received from the bank)
b) PUC
c) Original RC
d) Insurance copy
e) Address proof (Aadhar)
f) DL

2) Pay the fee online (Rs. 250) and take a print/two for convenience

3) Drop the form at RTO.
a) In Pune, there's a counter (32 if I remember correctly) where you get everything checked and stamped by the head lady there
b) Submit it at Counter 26
c) Get an acknowledgement

4) Received the RC (a smart card, thankfully) in two weeks

RTO sure has come a long way, for the better. I even got a message asking for feedback on the service. They need to start live tracking of the application going forward.
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Old 19th July 2018, 17:16   #378
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Default Re: ARTICLE: RTO Hypothecation Removal Process - Step by Step Guide

One info needed team.

Part 1: F.C Renewal

For F.C renewal is hypothecation cancel entry in RC is mandatory ?
I have my KA-04 registered 2003 RX 135 (still on friend's name) FC renewal due in Dec 2018.

Part 2 : Hypothecation removal

It has an hypothecation entry due to loan taken for 11 months and is closed then. And there is no entry of hypothecation removal in RC till now.
Now my friend does not have any documents pertaining to loan closure and related documents. It is from HDFC bank in Malleswaram branch, Bangalore.

If i go to bank with RC and vehicle details can they issue me a NOC, Form 35 so that I can go to RTO for hypo cancellation.

Please help to how I can proceed with.

regards
prsn
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Old 19th July 2018, 17:21   #379
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Default Re: ARTICLE: RTO Hypothecation Removal Process - Step by Step Guide

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Originally Posted by prsnck View Post
Part 2 : Hypothecation removal

It has an hypothecation entry due to loan taken for 11 months and is closed then. And there is no entry of hypothecation removal in RC till now.
Now my friend does not have any documents pertaining to loan closure and related documents. It is from HDFC bank in Malleswaram branch, Bangalore.

If i go to bank with RC and vehicle details can they issue me a NOC, Form 35 so that I can go to RTO for hypo cancellation.
Assuming your friend uses HDFC NetBanking, he can even request for the documents online (under the Loans tab).

And of course, visiting the branch. Should be straightforward.

Since the bike is in your friend's name, it is best you take him along when you submit the documents to get Hypothecation removed. Or ask what is an acceptable power of attorney document. Because, at least in Pune, the RTO guy did check whether the same person who owned the vehicle came to submit documents.
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