
After paying off the car loan, the following procedures are required: 1. Retrieve the certificate: After the loan is paid off, go to the bank to retrieve the vehicle registration certificate, the bank's organizational code certificate (with official seal), and a power of attorney. The power of attorney authorizes the car owner to carry the registration certificate to handle the mortgage release procedure (with official seal). 2. Handle the mortgage release procedure: The car owner needs to bring the above three documents to handle the mortgage release procedure. After completion, the registration certificate will be marked with 'Mortgage Released' in the registration column, indicating that the bank no longer has any claim on the vehicle, and it officially becomes the sole property of the car owner.


