Why do you need the original business license for car decompression?

In the past, it was necessary to provide the original identity certificate, mortgage contract and other materials of both the motor vehicle owner and the mortgagee for motor vehicle mortgage registration. The masses and enterprises report that there are many materials to be submitted, especially the original business licenses of mortgagees such as banks must be submitted for each business, which is inconvenient. The Traffic Management Bureau of the Ministry of Public Security said: From June 1 2020, China began to simplify the procedures for mortgage/deregistration of motor vehicles.

Extended data:

1. In view of the crux of the problem, the Ministry of Public Security continued to promote the action of reducing the number of certificates and facilitating the people, further streamlining procedures and optimizing processes. After simplifying the procedures of motor vehicle mortgage/deregistration, the information is more streamlined. After filing with the local vehicle management office, the identity certificate submitted can be a copy of the business license stamped with the official seal; A copy of the business license and the official seal on the mortgage contract can use both the entity seal and the electronic seal.

2. Closer to work, people can directly handle motor vehicle mortgage loan business in financial institutions; The program is simpler. The traffic control department will promote networking with banking supervision departments, banks and other financial institutions, promote online verification and comparison of motor vehicle mortgage information, use data instead of people running errands, and simplify procedures with information transmission.

3. According to Article 24 of the Regulations on Motor Vehicle Registration:

To apply for cancellation of mortgage, the applicant shall fill in the Application Form for Motor Vehicle Mortgage/Cancellation of Mortgage Registration, and submit the following documents and vouchers together with the mortgagee:

(1) Identification certificates of mortgagor and mortgagee;

(2) Motor vehicle registration certificate.

The vehicle management office shall, within one day from the date of acceptance, record the contents and date of cancellation of mortgage on the motor vehicle registration certificate.

4. The owner himself can cancel the mortgage. I need to bring my ID card, registration certificate, business license of mortgagee of finance company, fresh stamp of power of attorney, settlement certificate and other materials.

5. Individuals can apply for mortgage, and both the motor vehicle owner and the mortgagee shall apply at the same time, and submit the following materials: the identity certificate of the motor vehicle owner and the mortgagee, the motor vehicle registration certificate, the main contract and mortgage contract concluded by the motor vehicle owner and the mortgagee according to law.