1. communicate with the lending institution in advance. After paying off the car loan last month, the lender shall communicate with lending institutions, finance companies and other institutions in time to agree on the time to cancel the car loan;

2. Obtain the settlement certificate. The lender shall go to the business outlet of the lending institution with the loan contract and ID card, apply to the staff for the loan settlement certificate, and obtain the original motor vehicle registration certificate;

3. Materials to be released. Lenders need to carry the loan settlement certificate, the original motor vehicle mortgage registration (stamped with the mortgagee's official seal), the motor vehicle registration certificate, the original and photocopy of the owner's ID card, the original and photocopy of the driving license and other materials;

4. go through the formalities of putting the car. The Lender will go to the vehicle management office with the above information and the agent entrusted by the mortgagee, and submit the vehicle release information to the staff, who will take photos and wait for the staff of the vehicle management office to review;

5. Review the application materials. The staff of the vehicle management office will review the application materials submitted by the lender, which will generally be approved in one day;

6. Get back the motor vehicle registration certificate. After reviewing the information, the staff of the vehicle management office will go through the formalities of releasing the car for qualified applicants. Stamp the corresponding official seal on the motor vehicle registration certificate, and then return the original to the owner, that is, complete the vehicle release procedures.

Choose to go to the police post service station:

1, the mortgagee, the owner's ID card and other relevant information to the police post service station to apply for cancellation of mortgage business;

2. After arriving at the service desk of the police station, the portrait is collected according to the regulations. After the staff accepts it, the applicant signs the application form for confirmation;

3. Express delivery to the applicant within three working days after acceptance.

To sum up, the owner who cancels the mortgage, after paying off the mortgage in the lending institution, obtains relevant certification materials and goes to the business window of the local vehicle management office to cancel the mortgage.

Legal basis:

Article 31 provisions on motor vehicle registration

Where a motor vehicle is used as collateral, the owner of the motor vehicle and the mortgagee shall apply to the vehicle management office at the place of registration for mortgage registration; If the mortgage right is extinguished, it shall apply to the vehicle management office at the place of registration for cancellation of mortgage registration.