The Axis Bank provides Car loan to salaried, self-employed salaried as well as self-employed non – salaried individuals at attractive interest rates. The interest rates are fixed in nature and are in the range of 9.25% - 11.50%. Loan borrowers can avail car loan up to 100% of the on-road price of the purchased vehicle.
|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|Axis Bank Car Loan||9.25%-11.50%, Fixed||Up to Rs 5,500||1,00,000 - 100% of on-road price||up to 36 months|
For Salaried Individuals:
For Self Employed Individuals:
For Self – Employed Non-Individuals :
Other Salaried Individuals who are Eligible for Car Loan
Q: What are the documents required to avail a car loan from Axis Bank?
A: The following are the list of documents required to avail Car Loan from Axis Bank
Q: How to apply for a car loan in Axis bank?
A: There are so many methods to apply for a car loan from Axis Bank:
Q: What is the minimum loan amount that I can get from Axis Bank?
A: Axis bank provides a minimum loan amount of Rs.1 lakh Rupees to buy a car and the maximum loan amount will depend on your eligibility criteria because they need to check borrower's income and repayment capacity.
Q: What is the loan tenure in the Axis bank?
A: Axis bank offers car loans with repayment tenures starting from 12 months and a maximum of up to 60 months only.
Q: What are the late payment charges?
A: Axis bank will charge 2% per month as charges in case of late payment.