You need to go through the discharge formalities. When the car loan expires, the borrower needs to go through the formalities of understanding the mortgage in order to obtain the motor vehicle registration certificate, which is also commonly known as the "Green Paper on Cars". Only by getting this certificate can the car truly belong to the individual.

When the car loan is paid off, the owner needs to prepare three documents, namely, the vehicle registration certificate, the bank's organization code certificate (with official seal) and the power of attorney.

When the owner is ready, he can go to the local vehicle management office to learn about the charging procedures. After handling, the registration certificate will indicate "cancellation of mortgage" in the registration column, the registered bank no longer owns the vehicle, and the vehicle is officially owned by the owner.

If the owner wants to go through the formalities of releasing the car, it must be after the car loan expires, but the premise is that the car loan has been paid off in full. Otherwise, you can't go through the formalities of car release. In addition to paying attention to this point, when the owner repays, there should be no overdue. Because after the deadline, it is easy to be uploaded by the bank to the central bank's personal credit information system, causing credit stains to users.

What should I do after the car loan expires?

What should I do after the car loan expires? Many people choose to borrow money to buy a car when buying a car, which has become a convenient choice. After paying off the loan, many people feel relaxed and everything is fine. However, what should I do after the car loan is paid off? This is the origin.

What should I do after the car loan expires?

First of all, after the loan is paid off, the borrower needs to go to the lending institution to apply for the loan settlement certificate with his personal identity certificate and relevant loan contract.

Secondly, after completing the loan settlement certificate, the borrower will go to the local vehicle management office to go through the cancellation registration procedures of automobile mortgage with this certificate and other relevant certificates. Specifically, it includes the application for motor vehicle mortgage registration/pledge, the original and photocopy of the identity certificate of the motor vehicle owner and mortgagee, the motor vehicle registration certificate, and the relevant documents of people's mediation, ruling and judgment to cancel the motor vehicle mortgage. You can go to the vehicle management office to handle the cancellation of vehicle mortgage registration with the above materials and the loan contract signed with the lending institution.

How to go through the formalities after paying off the car loan?

After the general car loan is paid off, you need to go through the mortgage cancellation procedures. You can own a car only if it is actually transferred to your own name.

After paying off the car loan, the borrower must go through the mortgage cancellation registration formalities at the vehicle management office and get back the car ownership certificate, so that the car really belongs to him.

When handling the mortgage cancellation registration procedures, the following materials must be prepared:

1. Valid identification documents of the borrower, the applicant and the vehicle owner;

2. The loan contract signed with the bank;

3. Loan repayment card;

4. Original motor vehicle registration certificate.

How to get back the green paper when the car loan expires?

After the vehicle loan is paid off, the customer can contact the original lending institution as soon as possible to retrieve the green copy. If the customer has time, he can go to the lending institution to retrieve the green copy himself. If he can't spare the time, he can also ask the lending institution to mail a green copy.

After getting the Green Paper back, the customer needs to go to the vehicle management office as soon as possible to go through the formalities of dropping off the car. When handling this business, he needs to pay attention to the following points:

1, you can only go to the vehicle management office where the vehicle is registered.

2. Custody business can only be handled on weekdays.

3. There is no charge for releasing the vehicle.

4. You can entrust others to handle custody business.

You need to bring all relevant documents.

6. Release is free.

Visible, even if customers don't have time, or can entrust others to do business in other places, these regulations are more humane.

If the customer doesn't let the car go, it won't affect the customer's daily use of the car for the time being, but there will be property rights risks, and there will be trouble when handling the vehicle transfer or mortgage loan in the future.

How to deal with the car loan after it expires?

After the car loan is paid off, go to the loan bank to settle the loan, and go to the vehicle management office with your ID card and settlement procedures to understand the mortgage procedures. After handling, the registration certificate will indicate the cancellation of mortgage in the registration column, and the vehicle will no longer be owned by the bank, but officially owned by the owner.

After the car loan expires, you need to handle the following three things: First, issue a settlement certificate. After the car loan expires, the borrower needs to go through the loan settlement formalities with the loan contract to the lending institution, and the staff will take back the loan contract on the spot and void it. The borrower requires the staff to issue a loan settlement certificate.

Second, cancel the mortgage registration. The borrower goes to the local vehicle management office to cancel the mortgage registration with the loan settlement certificate, driving license and other materials. After completing the relevant formalities, the vehicle management office will return the vehicle registration certificate to the owner.

Third, when all the car loans are settled, if the first beneficiary of the purchased car insurance is still a lending institution, don't forget to change the first beneficiary of insurance to the owner himself. (Photo/Text/Photo: Wu Binbin) @20 19

How to get the green paper when the car loan expires

1. The owner needs to go to the loan bank to handle the settlement certificate;

2. The owner needs to bring his valid ID card, driver's license and related materials to the 4s shop to retrieve the green copy;

3. The owner also needs to go to the vehicle management office to cancel the mortgage status of the vehicle;

4. The owner needs to go to the insurance company to change the first beneficiary of the insurance.

The above is the way to get the green paper after paying off the car loan.

What is a car loan?

In real life, auto loan refers to the lender's loan from the bank's financial institution to buy a motor vehicle. Generally speaking, car loan is a kind of mortgage loan, and the owner needs to mortgage the vehicle to the bank to obtain the corresponding loan funds. Car loan can also be called car consumption loan, which is a consumer loan issued by banks to lenders who need to buy cars for their own use. Car loan time is mostly 1~3 years, and the longest one can't exceed 5 years. The loan object of the automobile consumption loan needs to be the permanent population in the place where it is located, and has full capacity for civil conduct and can repay the relevant loans.

The introduction of how to get the green paper when the car loan expires and how to get the green paper when the car loan expires is over. I wonder if you found the information you need from it?