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The Lien Release Letter For Car is a crucial document in Malaysian vehicle financing that marks the successful completion of a car loan or hire-purchase agreement. It is typically issued when a borrower has fulfilled all payment obligations under a vehicle loan agreement and requires formal documentation to clear the lender's interest from the vehicle registration. This document must conform to Malaysian legal requirements, particularly under the Road Transport Act 1987 and Hire-Purchase Act 1967, and needs to include specific details about the vehicle, loan agreement, and parties involved. The letter serves multiple purposes: it confirms the full repayment of the loan, releases the lender's security interest, and authorizes the Road Transport Department (JPJ) to remove the lender's name from the vehicle registration. This document is essential for completing the transition of vehicle ownership from a financed status to full, unencumbered ownership by the borrower.

1. Letterhead and Date: Official letterhead of the lender/financial institution and current date

2. Recipient Details: Full name and address of the borrower/vehicle owner

3. Vehicle Information: Complete details of the vehicle including make, model, year, chassis number, and registration number

4. Loan Reference: Reference to the original loan agreement or hire-purchase agreement number

5. Confirmation of Full Payment: Clear statement confirming that all obligations have been fulfilled and payments completed

6. Lien Release Declaration: Explicit statement releasing all claims and interest in the vehicle

7. Authorization: Statement authorizing the transfer of ownership or removal of the lender's name from the vehicle registration