Vehicle Registration for Financed or Loaned Vehicles

Vehicle Registration for Financed or Loaned Vehicles , Delhi

The process is called hypothecation and it has to be endorsed with RTA, Delhi while registering your vehicle and later can be deleted.

If a vehicle is purchased on loan from a financier the same could be endorsed in the registration certificate. The following are the documents required:

• Registration certificate in original
• Two copies Form no.34 duly filled (for endorsement of Hypothecation). Download
• A certificate from financier for having retained full dues from the financier (for deletion case only).
• Attested copy of valid insurance.
• Attested copy of address proof of the registered owner.
• Attested copy of valid pollution under control certificate.
• Prescribed fee.
• Attested copy of PAN Card or Form 60 & 61(as applicable)

Note: Attested copy means photo copy attested by MLA/ Nigam Parshad/ Gazetted officer/ notary public.

Delete the hypothecation from the Vehicle Registration Details , Delhi

If a vehicle is purchased on loan from a financier the same could be endorsedin the registration certificate when the loan is repaid and following are the documents required:

• Registration certificate in original
• Two copies Form no. 35 duly filled (for deletion of Hypothecation). Download
• A certificate from financier for having retained full dues from the financier (for deletion case only)
• Attested copy of valid insurance.
• Attested copy of address proof of the registered owner.
• Attested copy of valid pollution under control certificate.
• Prescribed fee
• Attested copy of PAN Card or Form 60 & 61(as applicable)
• NOC from financer

Note: Attested copy means photo copy attested by MLA/ Nigam Parshad/ Gazetted officer/ notary public.

Source : Delhi Transport Department