The bank provides 100% loan of the on-road cost of the car for availing New Car Loan from Axis Bank.
The minimum you can get a loan of Rs 1 lakh. The interest rate of Axis Bank Car Loan starts from 8.20% per annum.
If you are a pre-approved customer of the bank, then you can take advantage of the attractive interest rates of the bank.
The repayment tenure of Axis Bank Car Loan is up to 7 years for new cars and up to 5 years for used cars.
You can apply for the cheapest car loan by comparing the interest rate of different car loans. The higher the interest rate on your car loan, the higher will be the EMI.
Axis Bank Car Loan Types - New Car Loan,Used Car Loan,Parallel Car Loan (Loan against Car),Balance Transfer and Top Up Car Loan
The higher your income, the higher your chances of getting a car loan from Axis Bank. This is because higher income indicates higher repayment potential.
If you fulfill all the conditions of this loan, then you can apply for it both online and offline. Apart from this, you can also apply for a loan by calling the customer care number of the bank