Why is there no SMS notification for my car loan?

The vehicle registration certificate should be mortgaged to the bank.

Process of handling mortgage car loan:

1. Choose a car at a special bank dealer and sign a car purchase agreement or contract;

2. The borrower applies to the loan bank for personal automobile mortgage;

3. Sign the contract with the consent of the investigation;

4. Go through the formalities of notarization and mortgage of automobiles;

5. Bank loans;

6. After the loan is paid off, the pledge certificate shall be cancelled and returned to the customer.