What documents are required for car loan release?
1 Answers
Documents required for car loan release include: Power of Attorney (with official seal and verification stamp); the car owner's valid personal ID; completed Motor Vehicle Mortgage Registration/Pledge Filing Application Form; the lending institution's organization code certificate; the motor vehicle registration certificate; and a loan clearance certificate issued by the lending institution. Below is an introduction to car loan release: Normal release: For loans processed through banks, 4S stores, or mortgage companies, after repaying the loan, the bank or 4S store will issue a repayment certificate, and the owner can then go to the municipal archives office to complete the release. Early repayment: First, apply for early repayment at the bank where the loan was processed, and then complete the release after repayment.