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Upride Reviews

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Vehicle Hypothecation - Hassle FreeFast & Easy

Bought a vehicle on loan or closed your vehicle loan? We’ll help you add or remove hypothecation details in your RC through the concerned RTO.

When is it needed?

Addition of Hypothecation

When you purchase a vehicle using a loan and the financier’s details need to be added to the RC.

Termination of Hypothecation

When your vehicle loan is fully repaid and the lender’s name needs to be removed from the RC.

RC Record Correction

When hypothecation details are missing or incorrectly recorded in the RC.

Guidelines

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Hypothecation must be added if the vehicle is under loan

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Termination should be done immediately after loan closure

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Bank or financier approval is mandatory

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Vehicle must have a valid RC, insurance, and PUC

Documents

Form 34 (Application for Hypothecation Addition/Termination)
Original Registration Certificate (RC)
Financier’s NOC / Loan Closure Certificate
Valid Insurance Certificate
Valid Pollution Under Control (PUC) Certificate
Documents may vary depending on the vehicle type and RTO rules.
Identity proof of vehicle owner
Address proof of vehicle owner
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Upride Network Private Limited
Registered entity with Govt of India(CIN: U74999KA2019PTC129014)

Address:
WeWork Salarpuria Symbiosis Salarpuria Symbiosis, Ground floor
Bannerghatta Road Arekere Village, Begur Hobli,
Bengaluru, Karnataka 560076

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