Who to Contact for the Vehicle Registration Certificate After Paying Off the Car Loan?
1 Answers
After paying off the car loan, you need to go to the vehicle management office to complete the vehicle mortgage release registration and obtain the motor vehicle registration certificate. Here is some additional information: Car Loan: A car loan refers to the loan issued by the lender to the borrower applying to purchase a car. The actual interest rate of the car loan is determined by the handling bank based on the customer's actual situation, with reference to the loan benchmark interest rate stipulated by the central bank. There are three main types of car loans: direct customer loans, indirect customer loans, and credit card car loans. The loan term is generally 1-3 years, with a maximum of 5 years. Early Repayment: According to bank regulations, customers who wish to repay the loan early need to submit a written application one week to one month in advance and agree on a repayment date. Then, on the agreed date, bring your ID card and the loan contract signed with the bank to the bank to fill out the loan repayment application form and the early repayment agreement. Deposit the required repayment amount into the account for deducting loan principal and interest as required by the bank, and the bank will automatically deduct it.
