Removal of HP (hypothecation) from RC in Gurgaon
Car Loan Paid ! What a relief and now the next big thing is the removal of hypothecation from the RC and really own the car :). This calls for a visit to the RTO office or in this case eSeva kendra situated at the ground floor of Mini Secretariat, Rajiv Chowk, Gurgaon
Just remember to carry the following documents for the smooth transfer of vehicle to your name & removal of HP from RC:
– Bank NOC (No Objection Certificate) Bank NOC is generally valid upto 3 months from the date of issue but check with your bank.
– Vehicle RC (Registration Copy)
– Original Form 35 (2 copies duly signed by the bank)
– Loan Closure Letter
– Affidavit (10 Rs Stamp paper)
Important : Keep a copy for your records as original NOC is submitted to the RTO.
– Valid insurance
– Valid PUC (Pollution Under Control) certificate
– PAN Card
– Address Proof (if you wish to change your address details in RC than you need to pay additional fee and a application on a plain sheet)
Tip : You can get the affidavit and all the documents attested right in the court premise. Total cost less than 100 Rs for everything.
The Visit to eSeva Kendra 07 July 2014
eSeva kendra is situated at the ground floor of the Mini Secretariat and easily reachble from NH8. It is a simple two step process comprising of verifying documents and deposit of fee.
Counter 4 – Earmarked for verification and submission of documents : Head straight to the counter for verification of documents. Inform the staff about change in address if any in advance for noting on application.
Counter 1 – Deposit of fee : The fee for removal of hypothecation is Rs 200 (Two hundred only) and for change of address is rs. 100 (One Hundred Only)
Once you deposit the fee go back to counter 4 and deposit the documents. You will get a receipt for the same mentioning the expected date of collection of new RC. This is usually 15 days from the day of application.
So, No bribe and whole process took less than 10 minutes.
The Visit to eSeva Kendra 28 July 2014
Received the updated copy of RC issued in my name from counter 4 (less than 5 min). I applied for change of address also, the same was also updated.
Tip : You should get your RC laminated right away , this facility is available in the court complex.
Update: 25th April 2017
Thanks to comments by Sumit Sharma
1. eSeva Kendra work till 1 PM only
2. Fee has been revised to INR 250 for removal of hypothecation from RC
Update: 17th Jan 2018