There is no time limit for releasing the car, but it may affect some later things, such as when you want to resell or transfer the car, you can't operate it. Therefore, after paying off the car loan, it is best to go through the relevant procedures as soon as possible. The specific operation flow of the following procedures is as follows:

1. Within ten working days after the car loan is fully paid off, the bank will inform you to collect the vehicle registration certificate from the designated bank (usually within one week).

2. When obtaining evidence, show the ID card of the householder, and the bank will prepare a document to cancel the mortgage, including the bank's organization code, acceptance power of attorney and settlement letter.

3. After getting the above information, the local vehicle management office will handle it, and the processing time will not be too long. Print a line of the mortgage on the registration certificate.

4. After completing the decompression procedures, the vehicle management office will complete the decompression filing within one or two days.

Auto loan decompression process:

1. Contact the bank, auto financing company or guarantee company that handles the loan.

After you repay the vehicle loan, you should first find your own written mortgage contract, consult the contact numbers of banks, auto financing companies or guarantee companies on the contract, and get in touch with them.

2. Go through the settlement procedures and obtain the motor vehicle registration certificate.

Generally, within 10 working days after the loan is completed, the lending institution will take the initiative to mail the relevant procedures to the 4S store and notify the borrower. After the mail arrives, the borrower can go through the relevant formalities with his ID card. However, if it is a bank loan, it may be necessary to go through the vehicle loan settlement procedures first. After confirmation by the bank, if your car is loaned by a guarantee company, you need a certificate from the guarantee company.

3. If a motor vehicle owner applies to the vehicle management office for cancellation of mortgage registration, he can go to the vehicle management office for cancellation of vehicle loan mortgage registration with the bank agent. The owner of a motor vehicle shall fill in an application form, which shall be jointly applied by the motor vehicle owner and the mortgagee, and submit the following documents and vouchers:

(1) Identification certificates and photocopies of motor vehicle owners and mortgagees (bank agents); If the motor vehicle owner is not registered in Chengdu, a residence permit is also required;

(2) the repayment certificate issued by the bank or guarantee company;

(3) Motor vehicle registration certificate.