Where is the Vehicle Installment Certificate?
1 Answers
Vehicle registration certificate, commonly referred to as the "big book," must undergo a pledge registration and is typically held as collateral by the bank that processed the auto loan. After the auto loan is fully repaid, the lending institution will return the vehicle registration certificate (the "big book") and issue a "Loan Clearance Certificate." With these documents and the loan contract signed with the lending institution, you can visit the vehicle management office to complete the vehicle mortgage release procedures. Below are the conditions for obtaining a vehicle registration certificate: 1. Submit an application: When the vehicle registration certificate is lost, missing, or damaged, the vehicle owner must apply for a replacement at the local vehicle management office. 2. Authorized agent application: The vehicle owner may authorize an agent to handle various vehicle registration and related matters, except for applying for a replacement of the vehicle registration certificate. However, if the vehicle owner cannot apply in person due to reasons such as death, overseas travel, severe illness, disability, or force majeure, an agent may apply on their behalf with relevant proof.