New Delhi: In a relief to Delhiites buying vehicles through bank loans, the transport department has further eased the process and increased the transparency of hypothecation on vehicle loans. Delhi ...

statement. Under a hypothecation process, the bank takes the purchased vehicle as a collateral against the loan given to a buyer. After the loan is repaid, the vehicle ownership is restored to the ...

Delhi residents will no longer be required to submit any physical documents or visit any establishment for any HPT-related services(Hindustan Times) In a bid to give ...

Mumbai: The process of car loan hypothecation termination—informing the RTO that your car loan repayment has been completed —will go online.This is part of the transport department’s initiative to get ...