I have got hypothecation canceled from an agent. He has given me a Govt of Karnataka Transport Dept B register Extract Rules 48. How I will know that this hypotication has got canceled in the smart card?
Answered on August 23,2019
The only way you can ensure that hypothecation is removed is by getting the B Extract. As you have got the B Extract with hypothecation details removed from it, that means hypothecation is canceled.
You will get the new smart card by Speedpost in 30 working days.
You can also get a new B-extract of your vehicle at any of the Bangalore One Centres by paying a fee of Rs.18/ or at RTO office by paying a fee of Rs.10. They will ask for your name, mobile number and vehicle number and give you an extract which lists many details including HPT (Hypothecation) details.
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