What procedures need to be completed after repaying the car loan?

[DeTalia]

After fully repaying the car loan, you still need to complete the release of mortgage procedures. Here is relevant information: 1. Process: About 10 working days after repaying the final installment, promptly contact the lending bank to obtain the loan settlement certificate, and retrieve the "Vehicle Registration Certificate" and purchase invoice that were mortgaged at the bank. Bring all required materials to the local vehicle management office to complete the mortgage release procedures. 2. Notes: For registering the vehicle registration certificate at the vehicle management office - if purchased outright, it can be processed on the same day of vehicle pickup. However, for financed vehicles, the registration certificate cannot be processed during the loan repayment period. Therefore, after completing loan repayment, you should visit the vehicle management office to obtain the registration certificate. Only with this certificate can the vehicle's ownership be officially recognized as belonging to the owner.