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. #vehicle_owners #hypothecation_removal #post-loan_repayment #registration_certificates #automatic_post-loan #online_Vehicle #vehicle #owners #hypothecation #removal
