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What documents are needed to release the vehicle?

We know that most people now buy a car with a loan. If the loan is paid off, the mortgage must be released. Many people buy a car for the first time, so they may not know how to operate it. What documents should you bring? Let’s take a look at what documents you need to bring to release your vehicle. I hope it will be helpful to you.

1. Materials required to release the mortgage of the vehicle 1. Identity certificates of the vehicle owner and mortgagee (copy of the bank’s organization code certificate); 2. Bank’s power of attorney with official seal; 3. Registration certificate (The mortgage release information must be endorsed above); 4. Go to the Vehicle Management Office to fill out the form.

2. How to release the mortgage on the vehicle 1. After the last monthly payment of the car loan is deducted, in about 10 working days, your mortgage can be retrieved from the bank that handles car installment payments. For the bank's credit card car installment, it is best to call the bank's customer service number in advance to inquire whether it has been fully settled. The customer service number can be found on the back of the repayment card. For car loans processed at a financial company, you can call the customer service hotline of the financial company to which you are affiliated, or go to the car dealer for consultation. 2. To receive the motor vehicle registration certificate, you must obtain it in person with your ID card. Other procedures that may be used include: motor vehicle driving license, bank repayment details, etc. 3. After obtaining the registration certificate, the next step is to go to the local municipal vehicle management office to handle the vehicle mortgage release procedures. The documents that need to be brought include: motor vehicle registration certificate, loan settlement certificate issued by the lending institution, and the lender’s Organization code certificate, "Motor Vehicle Mortgage Registration/Pledge Filing Application Form", power of attorney, and ID card of the motor vehicle owner. These information will be given to us by the financial institution that handles the car loan when handing over the registration certificate. 4. After arriving at the vehicle management hall, go to the corresponding service window to apply.

3. How long does it take to cancel a car's mortgage? The rule is that after the vehicle management office accepts the party's application for mortgage cancellation registration, it will complete the procedure within one day. Proof of identity of the motor vehicle owner and mortgagee, motor vehicle registration certificate and other documents are required. Go to the vehicle management office for consultation. "Motor Vehicle Registration Regulations": Article 24 Application for cancellation of mortgage registration (1) Identity certificate of the motor vehicle owner and mortgagee; (2) Motor vehicle registration certificate. If the People's Court mediates, makes a ruling or makes a judgment to cancel the mortgage, the motor vehicle owner or mortgagee shall fill in the application form and submit the motor vehicle registration certificate and the effective "Mediation Letter", "Ruling Letter" or "Judgment Letter" issued by the People's Court. , and the corresponding "Notice of Assistance in Enforcement". The vehicle management office shall review the submitted certificates and vouchers within one day from the date of acceptance, and endorse the content and date of mortgage release registration on the motor vehicle registration certificate. Article 25 The date of registration of motor vehicle mortgage and the date of cancellation of mortgage can be made available to the public for inquiry. The above is an introduction to the documents needed to release a vehicle. I hope it will be helpful to everyone. The above article introduces in detail what documents are needed to release a car. You can take a good look at it and you will know what documents you should prepare in the future.