RTO

PTI -September 16, 2021

Hypothecation process for vehicles to go online from November

Hypothecation process for vehicles to go online from November

In a relief to Delhiites buying vehicles through bank loans, no physical documents will be needed for the hypothecation process from November, according to a Delhi government 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 […]