Add, continue or remove a loan entry on your RC — all handled.
In short
Hypothecation is the loan entry recorded on your RC in the lender's name. In Bangalore you can add it when buying on finance, continue it if the loan is refinanced, or remove it after closure using the bank's NOC and the RC. Once the loan is paid, removing it puts the vehicle fully in your name.
When a vehicle is bought on a loan, the lender's name is recorded on the RC as hypothecation. We handle all three stages: adding the entry, continuing it if your loan is refinanced or extended, and removing it once the loan is closed.
Each stage needs the right paperwork from the lender and the RTO. We check the documents, file the application and follow it to the updated RC, so the entry on your RC always matches reality.
How to get it done — step by step
Tell us what you needAdding a new loan entry, continuing it, or removing it after closure — we confirm which applies.
Collect lender papersWe gather the bank's NOC or consent letter along with your RC and supporting documents.
File at the RTOWe submit the entry, continuation or cancellation request for you.
Updated RC issuedYour smart-card RC with the corrected hypothecation status is posted to you.
Documents required for hypothecation (hp) services
Add HP: Form 34 — 2 copies signed by owner & financier (we prepare this)
Add HP: copy of the loan / hire-purchase agreement
Remove HP: Form 35 (issued by the financier) + original bank loan-closure NOC
Continue HP: renewed loan agreement + financier continuation letter
Original RC (paper + smart card)
Insurance copy and valid PUC
Owner ID / address proof (Aadhaar) — photocopy + signature
Cost and timeline
Our service charge for hypothecation (hp) services in Bangalore starts at ₹1,599 (indicative — confirmed on enquiry). It typically takes 15–20 days, with 0 RTO visit(s) on your part — usually none.
Why choose Shariff for this
Adding, continuing and removing HP all covered
Bank NOC and consent collection handled
No RTO visit for you
Updated RC delivered to your address
Frequently asked questions
I've finished paying my loan — what do I do now?
You remove the hypothecation entry from the RC. Get the NOC from your bank, send it to us with the RC, and we file the cancellation so the vehicle is fully in your name.
What is hypothecation continuation?
It is updating the lender details on your RC when a loan is refinanced, restructured or extended, so the record stays accurate. We handle the paperwork for it.
Why bother removing the entry once the loan is paid?
Until it is removed, the RTO still treats the vehicle as financed. That can complicate selling, transferring or insuring it, so it is worth closing off.
How do I remove hypothecation from my RC in Bangalore after a loan closure?
Get a No Objection Certificate from your bank confirming the loan is closed, then file an HP termination request at the RTO with the RC and Form 35. We collect the bank NOC and file the cancellation so your RC reflects clear ownership.
How long does hypothecation removal take in Bangalore?
It usually takes about 15 to 20 days from filing, after which an updated smart-card RC without the loan entry is issued and posted to your address.
What documents are needed to remove a loan entry from the RC?
You need the original RC, the bank's NOC or consent letter, Form 35, a valid insurance copy, PUC and the owner's ID and address proof. We prepare the form and verify the file before filing.