Delhi govt makes vehicle loan process easier; Integrates 62 Banks and NFCs. Enables doorstep services

  • Through this initiative citizens will no longer be required to submit any physical documents or visit any establishment for any HPT-related services which see nearly 2 lakh transactions yearly.
  • The Delhi government has integrated 62 banks and NBFCs with its Hypothecation (HP) services.
  • With this, the Delhites can avail hypothecation services which include addition, continuation, and termination of hypothecation of vehicle loans at the convenience of their doorstep

[Via]

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