Axis Car Loan | Axis Car Loan Interest Rate | Complete Details - BankBazaar

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Axis Car Loan

Axis Bank offers car loans for salaried and self employed individuals, proprietorships and partnership firms. Some schemes do not require income proof too.Special schemes are offered for Axis Bank Salary accountholders

Eligibility conditions of Axis Car Loan

Age range : 21-58 years (Salaried),21-65 years(Self employed)
Work experience : Minimum 2 years(Salaried), minimum 3 years(Self employed)
Gross Annual income : Minimum Rs 2 lakhs (Reduced to Rs. 1 lakh for some models)

Details of Axis Car Loan. Use our calculator to compare offers from multiple banks
Interest Rate (Monthly reducing balance)	9.25% fixed to 12% fixed
Processing Fees	Up to Rs. 3,860 Nil for Axis Bank Salary account holders
Loan Tenure	1 year to 7 years
Pre-closure Charges	5% of pre-closed amount
Loan Amount	Up to 85% of on-road price of car
Guarantor Requirement	No guarantor required
Documents	Proof of Identity and Age : Passport or voter's card or driving licence or PAN card and photo Proof of Residence : Ration card or passport or driving license or latest electricity bill or latest telephone bill or latest credit card bill bank statements Income proof : Latest salary slip with Form 16(Salaried)(not needed for Axis Salary account holders) or Income Tax Returns of last 2 years (Self employed) Bank statement (not needed for Axis Salary account holders) Signature verification proof Proforma invoice

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Recently made loan offers

Rs.7.70 lakhs for Rs.16,550 EMI

9.50% Rate 48 Tenure

Total Interest PayableRs. 223,018

Total Tax + FeesRs. 19,250

Total Interest + FeesRs. 242,268

Submitted 27 minutes ago

Rs.3.75 lakhs for Rs.12,366 EMI

9.75% Rate 48 Tenure

Total Interest PayableRs. 70,176

Total Tax + FeesRs. 9,375

Total Interest + FeesRs. 79,551

Submitted 51 minutes ago

Rs.8.30 lakhs for Rs.18,046 EMI

8.50% Rate 36 Tenure

Total Interest PayableRs. 252,773

Total Tax + FeesRs. 16,600

Total Interest + FeesRs. 269,373

Submitted 58 minutes ago

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        <td>Start date
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    <option value="2">Feb</option>
    <option value="3">Mar</option>
    <option value="4">Apr</option>
    <option value="5">May</option>
    <option value="6">Jun</option>
    <option value="7">Jul</option>
    <option value="8">Aug</option>
    <option value="9">Sep</option>
    <option value="10">Oct</option>
    <option value="11">Nov</option>
    <option value="12">Dec</option>

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<select name="{2}[{0}].startDate.year" id="eFrm_{2}_{0}__startDate_year" class="requiredForAllEmp">
    <option value=""
    class="gray_header"
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    <option value="2010">2010</option>
    <option value="2009">2009</option>
    <option value="2008">2008</option>
    <option value="2007">2007</option>
    <option value="2006">2006</option>
    <option value="2005">2005</option>
    <option value="2004">2004</option>
    <option value="2003">2003</option>
    <option value="2002">2002</option>
    <option value="2001">2001</option>
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    <option value="1999">1999</option>
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    <option value="1992">1992</option>
    <option value="1991">1991</option>

</select>
        </td>
        <td>
            <span style="margin-right:7px;">EMI</span>
<input type="text" name="{2}[{0}].emi" maxlength="11" value="" id="eFrm_{2}_{0}__emi" class="number normal requiredForAllEmp" title="Rs."
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</td>
        <td>
            <span class="font_small brel"><a href="#" class="" onclick="deletereln(this, '{1}');">Delete</a>
            <span class="addRel"> | <a class="bankrel brel" href="#" onclick="add('{1}');">Add another</a></span></span>
        </td>
    </tr>

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