How to cancel the mortgage after the vehicle loan is paid off?

The vehicle loan has been paid off, and the method to cancel the mortgage is to retrieve the motor vehicle registration certificate, ask the lending institution to issue a loan settlement certificate, and go to the vehicle management office where the vehicle is registered, carry relevant materials and handle related business.

1, get the motor vehicle registration certificate back.

After the car loan is settled, the customer must go to the lending institution to retrieve the motor vehicle registration certificate. Without this certificate, the customer can't handle the car mortgage business. Customers can collect it themselves or ask the lending institution to mail it.

2. Require the lending institution to issue a loan settlement certificate.

In some areas, vehicle management offices need customers to provide proof of car loan settlement when handling mortgage business, and customers can ask lending institutions to issue proof in case of emergency.

3. Go to the vehicle management office where the vehicle is registered.

Because the vehicle can only be released at the vehicle management office where the vehicle is registered, customers from other places or customers who can't leave can entrust others to handle the parking business, but this requires a power of attorney, and then the client will go to the vehicle management office with the documents of both parties to understand the parking business.

4. Bring relevant information.

Materials to be provided for vehicle release include motor vehicle registration certificate, loan settlement certificate, owner's ID card, driving license, etc. Customers need to follow the notice of the local vehicle management office.

5. Handle related business.

Generally speaking, as long as there is no problem with the customer's information, the vehicle management office will complete the escort business on the same day, and the customer will wait patiently.