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Interest Rate

8.6% - 11.50%

Processing Fee

Max. Rs. 5,500

Tenure Range

1-7 years

Fees & Charges:

  • Preclosure Fee - 10% (Salaried individuals) and 5% (Self-employed) of principal outstanding

Eligibility:

  • Age - 21-75 (salaried), 18-75 (Self-employed)
  • Yearly Income - 2.4 Lakhs (salaried), 1.8 Lakhs (Self-employed)

Features & Benefits:

  • Enjoy Part-payment facility
  • Customers can enjoy E-approval 
  • No need for the guarantor
  • EMI Repayment facility 
  • Minimum Documentation

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Short Description:

Axis Bank Car Loan is full-fledged car loan providing 100% funding on specific car models. They are a leading market player and known for providing high-value loans and attractive interest rate with the additional benefits of wealth banking and priority banking.  

Bank Description:

Axis Bank is the third largest private sector bank in India and provides all the banking facilities according to your convenience. Axis Bank car loan provides 100% funding on the specific car models and known for providing high-value loans and attractive interest rate with the additional benefits of wealth banking and priority banking.

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