The procedures for the owner to cancel the mortgage at the vehicle management office are as follows:
I. Power of Attorney (with official seal and cheque stamp).
Second, the owner's personal valid identity document.
3. Fill in a complete application form for motor vehicle mortgage registration/pledge filing.
Four, the organization code certificate of the lending institution, the motor vehicle registration certificate, and the loan settlement certificate issued by the lending institution.
Security risks:
Legal basis: Road Traffic Safety Law of the People's Republic of China.
Article 108 The party concerned shall pay the fine at the designated bank within 15 days from the date of receiving the written decision on administrative penalty for fine. If the parties have no objection to the fines imposed on pedestrians, passengers and non-motor vehicle drivers, they may collect the fines on the spot.
Fines shall be issued by the financial departments of provinces, autonomous regions and municipalities directly under the Central Government; If a receipt for the fine uniformly issued by the financial department is not issued, the party concerned has the right to refuse to pay the fine.