Hypothecation Termination

1000+

Happy Customers

3+

Cities Covered

10+

Years Experience

What is HP Termination?

When you buy a vehicle on loan, the bank adds a "Hypothecation" entry on your RC. Once the loan is cleared, it is mandatory to remove this entry at the RTO to get a clean Smart Card RC. Ravi RTO Consultant specializes in fast-tracking this bank-to-RTO process.

Documents Required:

Original RC (Smart Card)
Owner Aadhar and Pan card Copy
Form 35 (2 Original copies from Bank)
Bank NOC (Original)
Valid Insurance Copy
PUC Certificate Copy

Areas we Cover:

MH01 Tardeo

MH02 Andheri

MH03 Wadala

MH04 Thane

MH47 Borivali

MH43 Vashi

HYPOTHECATION TERMINATION

₹1900

Includes RTO Fees & Doorstep Service

Timeline : 3-4 weeks

How RAVI RTO CONSULTANT Works

1

DOCUMENT PICKUP

We collect your Bank NOC (Form 35) and Original RC and other Docs directly from your home or office in Mumbai.

2

RTO APPLICATION

Our team handles the official online fee payment and performs the physical file submission at RTO.

3

RC DELIVERY

Once the RTO approves the termination, your updated Smart Card RC is delivered directly to your doorstep.

Frequently Asked Questions

Q: Why is Hypothecation Cancellation (HP Termination) necessary? +

A: Once your vehicle loan is paid off, the bank still remains a legal stakeholder on your RC. Ravi RTO Consultant helps you remove the bank's name so you become the 100% legal owner, allowing you to sell the vehicle or claim insurance without hurdles.

Q: What documents do I need from the bank for HP removal? +

A: You need two copies of Form 35 and an NOC (No Objection Certificate) from your financier. Ravi RTO Consultant verifies these documents to ensure they are valid and within the RTO’s required timeframe.

Q: Can Ravi RTO Consultant handle HP removal and ownership transfer together? +

A: Absolutely! We specialize in "Combined Applications" where we process both Loan Termination and Ownership Transfer at the same time. This is the fastest way for buyers and sellers to complete a transaction legally.

Q: How long does it take to get the new RC without the bank's name? +

A: After submission to the RTO, it typically takes 3 to 4 weeks for the new Smart Card to be dispatched. Ravi RTO Consultant provides you with a tracking number so you can monitor the status until it reaches your home.

Q: Which Mumbai RTOs are covered for HP Cancellation services? +

A: Ravi RTO Consultant handles HP Termination across all major Mumbai RTOs, including Tardeo (MH01), Andheri (MH02), Wadala (MH03), Thane (MH04), Borivali (MH47), and Vashi (MH43).