Hypothecation Addition

Add Hypothecation To Your Vehicle RC Without Hassle

When you purchase a vehicle through a bank loan or a finance company, the lender has a legal right over your vehicle until the loan is fully repaid. This right is known as hypothecation, and it must be officially added to your Registration Certificate (RC).

At Friends RTO Consultancy, we help you legally add hypothecation to your RC quickly, accurately, and without unnecessary delays at the RTO.

What is Hypothecation Addition?

Hypothecation Addition is the process of endorsing the name of the bank or financier on your vehicle’s Registration Certificate (RC). It legally reflects that the vehicle has been purchased on loan and is under a financial agreement.

Who Needs to Add Hypothecation?

You are required to add hypothecation if:

You have purchased a new vehicle through a finance/loan.
You are transferring ownership of a vehicle that still has a loan attached.
The financier requests an official record of hypothecation for legal or insurance purposes.

Note: Failing to update hypothecation in your RC may result in issues with insurance claims, RC transfers, and even legal disputes in case of accidents or theft.

Step-by-Step Process for Hypothecation Addition

1. Collect All Required Documents
Gather personal, vehicle, and bank-related documents.

2. Fill Form 34
This is the application form for hypothecation addition, signed by both the vehicle owner and the financier.

3. Submit Application to RTO
Submit the filled form along with the required documents and applicable fees to your local RTO.

4. Verification by RTO
The RTO will verify all documents and endorse the financier’s name on your RC.

5. Receive Updated RC
The updated RC with hypothecation details is issued physically or digitally, depending on your RTO.

Documents Required for Hypothecation Addition

Original RC Book/Smart Card
Form 34 signed by the owner and the financier
Loan Approval Letter or Bank NOC
Copy of Valid Insurance Certificate
Copy of Pollution Under Control (PUC) Certificate
Owner’s ID Proof (Aadhaar Card, PAN Card, etc.)
Address Proof (if applicable)
Payment receipt of road tax (if applicable)
Passport-sized photographs

Need a Hypothecation Addition? Contact Us Today!

Mobile No. : 79821 40354
WhatsApp No. : 79821 40354
Email : info@rtoagent.in
Ghaziabad Office : Plot No. 76, Second Floor, Panchsheel Park, Rajendra Nagar, Ghaziabad, U.P - 201005
Delhi Office : 315, Pocket - D, Mayur Vihar Phase-2, Delhi - 110091
Gurgaon Office : 112, Sector - 11, Model Town, Gurgaon, Haryana - 122001

Why Choose Friends RTO Consultants?

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Serving customers across all major states and cities in India.

FAQs

Why is Hypothecation Addition necessary?

It is a legal requirement in India to add hypothecation to the RC when you purchase a vehicle on loan. Without it, your loan and ownership details are not properly recorded in RTO records.

How do I add hypothecation to my RC?

You must submit the required documents to the RTO where your vehicle is registered. This includes the Form 34, loan documents, and original RC. The RTO will verify and add the bank name to your RC.

How much is the fee for Hypothecation Addition?

The standard fee ranges between ₹100 to ₹500, depending on the vehicle type and the RTO. Additional charges may apply for smart card RC or handling through agents.

What is Form 34 in Hypothecation Addition?

Form 34 is the official document required to register hypothecation with the RTO. It must be signed by both the vehicle owner and the bank/financier.

How many days does it take to complete the Hypothecation Addition process?

It typically takes 7 to 15 working days, depending on the workload at your RTO. With proper documentation and assistance, delays can be avoided.

Can I add hypothecation online?

Some states allow online submission through the Parivahan portal, but in most cases, physical document verification at the RTO is still required.

What happens if I don’t add hypothecation to my RC?

Failure to add hypothecation can result in legal complications during resale, insurance claims, or loan settlements. It also means your vehicle is not officially linked to the financier.

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