2. Why Should You Remove Hypothecation?
• Unless you do, the two-wheeler won’t 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
• Don’t 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@herofincorp.com
Website: https://www.herofincorp.com/
Know more- Simple Steps to Removing Hypothecation from RC Book