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In case you have purchased a vehicle under hypothecation, lease or hire-purchase agreement with financer, then the financer’s name will be mentioned on the Registration Certificate (RC). You will have to submit Form 35 to cancel out the financer’s name from RC after you pay off the debt.
Form 35 is divided into two parts: the introductory part and the concluding part.
The below-listed documents need to be submitted along with Form 35:
Identity Proof of the registered owner | Any one of the documents
|
Agreement | Hire-purchase or lease or hypothecation |
Registration certificate of the vehicle |
Follow the steps mentioned below to terminate vehicle hypothecation:
Step 1: Visit https://vahan.parivahan.gov.in/vahanservice/vahan/
Step 2: Provide your ‘Vehicle Registration Number’
Step 3: Select ‘Proceed’
Step 4: Click on ‘Basic Services’ option
Step 5: Enter last five digits of chassis number and vehicle registration number
Step 6: Click on ‘Validate registration number and chassis number’
Step 7: Generate OTP on your registered mobile number
Step 8: Enter OTP and submit
Step 9: Choose ‘Hypothecation termination’ option
Step 10: Enter ‘service details’ and ‘insurance details’
Step 11: Review fee panel and proceed
Step 12: Pay the fees and upload the document
After this the application will be forwarded to the RTO for further processing.
Follow the steps mentioned below to add the vehicle’s hypothecation details:
Step 1: Visit https://vahan.parivahan.gov.in/vahanservice/vahan/
Step 2: Provide your ‘Vehicle Registration Number’
Step 3: Select ‘Proceed’
Step 4: Click on ‘Basic Services’ option
Step 7: Generate OTP on your registered mobile number
Step 8: Enter OTP and submit
Step 9: Choose ‘Hypothecation addition’ option
Step 10: Enter ‘service details’ and ‘insurance details’
Step 11: Review fee panel and proceed
Step 12: Pay the fees and upload the document
After this the application will be forwarded to the RTO for further processing.
Follow the steps mentioned below to download Form 35:
Step 1: Visit https://parivahan.gov.in/parivahan//en/content/download-forms
Step 2: Under the ‘Driving Licence’ category, click on link for Form 35
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