Form 35 - Termination of Hypothecation/Lease/Hire Purchase

Overview

Form 35 is used after loan closure to remove hypothecation, lease, or hire-purchase entries from vehicle registration records.

When To Use

• Vehicle loan has been fully repaid.
• Need to remove financier name from RC records.
• Preparing vehicle for clean ownership transfer/sale.

Keep These Details Ready

• Vehicle RC details and owner identity documents.
• Loan closure/NOC document from financier.
• Signed Form 35 and supporting declarations.
• Applicable fee receipt and required local attachments.

Typical Process

1. Download and complete Form 35 with exact registration details.Step 1
2. Attach financier closure proof and required documents.Step 2
3. Submit to concerned authority for hypothecation termination.Step 3
4. Collect updated registration record without financier entry.Step 4

Important Notes

• Loan closure letter and signatures must be consistent.
• Delay in termination may affect resale and transfer timelines.
• Keep updated RC and closure papers safely for future use.