Axis Bank is the one of the leading largest private bank presence in all india including small towns and cities in india which offers wide range of financial services targeted to large and mid size individuals and corporates. Axis bank provides car loans which caters and serves all types on needs for customers. special benefita are also availble for priority banking, wealth banking customers.
Axis Bank Car Loan Fees Charges and Intrest Rates
Interest Rate : 9.5% to 15%
Processing Fees : upto 5500
Loan Tenure : 1 year to 7 years
Guarantor : No Requirement
Pre-closure Charges : 10% of principal outstanding (plus ST) till 6 months. 5% (plus ST) thereafter. Two part-payments allowed per financial year
Check the factors first
Minimum Rs 20,000 per month income required
Finances up to 95 % of the car value
Any other EMI can lower down your eligibility
Know if you’re eligible for the loan
Minimum entry age: 21 years
Maximum age: 75 years
Income: Salaried & self employed
Why don’t you increase your loan eligibility?
Choose longer tenure for 7 year eligibility maximisation.
Credit card bill need to be clear
What are the documents needed?
1. Application form with photograph duly signed
2. Processing fees
3. Latest 6 months Statement of bank account
4. ID Proof with Photo
5.Address Proof with Photo
6. Documents required for self employed
7. Documents for salaried