Hypothecation Termination
When your vehicle loan is completely repaid, it is important to remove the hypothecation (loan entry) from your Registration Certificate (RC). Without hypothecation termination, your RC will still show the financer’s name, which can create issues when selling your vehicle, renewing insurance, or completing other RTO-related processes.
At RTO Hub, we simplify the hypothecation termination process in Pune (MH12) and PCMC (MH14) RTOs. Our expert team handles the document collection, form verification, and submission, ensuring that your loan closure is properly updated in the RTO records.
Required Documents
✅ Registration Certificate (RC) – Original
✅ Valid Vehicle Insurance – Copy
✅ Valid Pollution Under Control Certificate (PUC)
✅ Original NOC of Bank/Financier (Issued within 90 days)
✅ Original Form 35 (Duly signed by Bank Manager & Registered Owner)
✅ Vehicle Photo (Front side with visible number plate)
✅ Aadhaar Card Copy & PAN Card Copy
Hypothecation Termination – Pricing
| Vehicle Type | MH12 (Pune) | MH14 (PCMC) |
|---|---|---|
| Two-Wheeler | ₹1,700 | ₹2,200 |
| Four-Wheeler | ₹1,900 | ₹2,400 |
How We Get It Done
– Simple 4-Step Process
Contact RTO HUB
Reach out to us via phone at +91 8159990090 or WhatsApp to initiate your hypothecation termination request. Our team will guide you on the exact documents required, timelines, and the step-by-step process, ensuring that you are fully informed before beginning the procedure.
Document Collection
You need to provide the original documents, including your RC, valid Insurance, PUC, Form 35, Aadhaar, PAN, Bank NOC, and vehicle photographs. Our RTO Hub executive will personally collect these documents from your preferred location in Pune or PCMC at a convenient time. Once collected, our team carefully verifies all documents to ensure full compliance with RTO requirements, preventing any delays or rejections and ensuring that your hypothecation termination process proceeds smoothly.
RTO Process
Once your documents are verified, our team submits the application to the concerned RTO on your behalf. The RTO reviews the submitted documents to confirm that the hypothecation has been cleared and all details are accurate. RTO Hub coordinates with the authorities throughout the process to ensure everything proceeds smoothly and efficiently, providing a hassle-free experience for you.
Get Updated RC
After the RTO updates the records and removes the hypothecation, we notify you immediately. You will receive confirmation and your updated Registration Certificate showing the loan closure. RTO Hub ensures that your documents are returned safely and that you have proof of completed termination, providing a hassle-free and secure experience from start to finish.
REFRENCE’S
- The Motor Vehicles Act 1988 (Section 50 of Chapter IV)
- The Central Motor Vehicles Rules 1989 (Rule 55, 56, 57)
- Official Transport Department Website: Follow Link