Axis Bank Car Loan

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


  • Proof of business existence
  • Last 3 years Income tax returns with computation of income
  • Last 3 years balance sheet and Profit /loss statement duly certified by CA

7. Documents for salaried


  • Income Tax statement or Form 16
  • salary slip of latest three month

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