How to release the mortgage after the car loan expires

1. The deputy director of the Vehicle Management Service Center of Jiangyin Public Security Bureau said that car owners who have taken loans from China Bank, Industrial and Commercial Bank and Agricultural Bank as collateral can choose to go through the mortgage cancellation procedures directly from the bank without going to the Vehicle Management Service Center.

2. Materials required for mortgage cancellation procedures:

(1) application form for motor vehicle mortgage registration/pledge filing;

(two) the original and photocopy of the identity certificate of the motor vehicle owner and the mortgagee;

(3) Motor vehicle registration certificate;

(4) If the motor vehicle is mortgaged by mediation, ruling or judgment of the people's court, it is necessary to provide the effective mediation, ruling or judgment issued by the people's court and the corresponding notice of assistance in execution.

Extended data:

On June, 2065438, China began to simplify the procedures of motor vehicle mortgage/cancellation of registration. This reporter recently learned from the Traffic Management Bureau of the Ministry of Public Security.

The masses 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.

People's Daily Online-China simplifies the procedures of motor vehicle mortgage/deregistration from June 1 day.

Jiangyin. com-How to release the mortgage when the car loan expires? Professionals teach you what to know.