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Axis Bank Car Loan

  • Introduction
    Axis Bank offers car loan Power Drive for the new cars. No income proof is required. Bank has special schemes for its Salary and Priority account holders. Repayment tenure of loan is from 1 year to 7 years.
    Highlights
    New Car Used Car
    Loan Type Term Loan Term Loan
    Ex-Showroom/On Road On Road Ex-Showroom
    Loan Amount Min. – Rs 100000
    Max. – Rs 85
    Min. – Rs 50000
    Max. – Rs 60
    Tenure Min. – 12 Yrs. Min. – 12 Yrs.
    Interest Rate 15 % 15.5 %
    Time to Process Loan 4 days
    Preferred Manufacturers Chevorlet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota Chevorlet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota
    Fees & charges

    Fees & charges
    New Car Used Car
    Stamp Duty As Per Actuals As Per Actuals
    Legal, Repossession and Incidental Charges As Per Actuals As Per Actuals
    Eligibility Criteria

    Eligibility Criteria
    Salaried

    Salaried:
    Income Rs 8000
    Age Min.: 21 Yrs. Max.: 58 Yrs.
    Current Employment Years 1 Yrs.
    Total Employment Years 2 Yrs.
    Documents Required:
    ID Proof Yes
    Residence Proof Yes
    Income Proof Yes
    Telephone Yes
    Photograph Yes
    Bank Statement Yes
    Signature Proof Yes

    Self Employed

    Self Employed:
    Income Rs 60000
    Age Min.: 21 Yrs. Max.: 65 Yrs.
    Total Employment Years 3 Yrs.
    Documents Required:
    ID Proof Yes
    Residence Proof Yes
    Income Proof Yes
    Telephone Yes
    Photograph Yes
    Bank Statement Yes
    Signature Proof Yes
    Published on August 2, 2010 · Filed under: Axis Bank Car Loan, Car Loan;
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