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Relief to vehicle owners, hypothecation removal now to be online

Vehicle owners can now rejoice as hypothecation removal from registration certificates becomes automatic post-loan repayment. The road transport ministry's new online system, launched with select banks and NBFCs, eliminates manual visits to RTOs. This seamless process, leveraging RBI's ULI, ensures real-time data exchange, simplifying loan closure for citizens.

from India News | Latest India News Today & Real-time News from India, India Breaking News https://ift.tt/Pp0X4Qv
Relief to vehicle owners, hypothecation removal now to be online Relief to vehicle owners, hypothecation removal now to be online Reviewed by News Today on March 04, 2026 Rating: 5

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