Hypothecation Termination (Bank Loan Closure) – Form 35

Frequently Asked Questions (FAQs)

What is Form 35?

Form 35 is a notice of termination of an agreement of Hire-Purchase/Lease/Hypothecation. It is used to remove the bank's or financier's name from the Vehicle RC after a loan is closed.

What documents are needed for Hypothecation Termination?

You typically need Form 35 (two copies), the Original RC, a copy of valid insurance, a copy of valid PUC, and an NOC from the Bank/Financier.