Axis Bank Car Loan Mumbai Interest Rates, Apply Online
AXIS Car Loans in Mumbai: Apply for lowest Interest car loans in Mumbai with AXIS Bank. Compare EMI, Eligibility, Documents and Fees and Charges on Used and New Car loans in Mumbai of TATA, Maruti Suzuki, Hyundai, Chevrolet, Honda & Mahindra etc.
Features and Benefits of an Axis Bank Car Loan Mumbai
Axis Bank offers uniquely tailored Car Loan products that take the pain and hassle out of buying a car. Flexible, transparent, quick, and cost-effective, our Car Loans put the joy back into owning a car.
At Axis Bank, we realize that owning a car has increasingly become a necessity. But we also realize that the price tag of your dream car may be just outside your immediate grasp. Axis Bank’s Auto Loans are just what you need to bridge the gap.
- Car Loan value calculated on ex-showroom price of the vehicle
- Attractive interest rates on Car Loans
- LTV of up to 90% of the ex-showroom price on select models
- Auto loans available for salaried and self employed individuals, proprietorships and partnership firms and companies
- Special Car Loan schemes for Axis Bank Salary accountholders
- Banking surrogate schemes available
- Loans offered from Rs. 1 lakh
- Car Loans tenure from 1 year to 5 years
- Calculate your monthly outgo with our Car Loan EMI Calculator
List of Car Loan documents required in Mumbai
- Age proof
- ID proof
- Application form
- Photograph
- Residence proof
- Income proof
- Bank statement
- Signature verification proof
- Proforma invoice
Post Sanction / Pre Disbursement Documentation
- Loan Agreement duly signed along with RTO set
- Post Dated Cheques (PDCs) / ECS form / Standing Instruction (SI) request
- Margin money receipt
Eligibility Required For Loans
Axis Bank offers Car Loans at attractive interest rates to both salaried and self-employed individuals who meet our age and income eligibility criteria.
Salaried Individuals
- Minimum age of applicant: 21 years
- Maximum age of applicant at loan maturity: 60 years
- Income: Minimum Net Annual Salary of Rs. 1.5 Lac p.a. for selected models and Rs. 2.5 Lac p.a. for others.
- Income eligibility: As per latest salary slip or Form 16
- Employment: Minimum 2 yrs of continuous employment
Self-employed Individuals
- Minimum age of applicant : 21 years
- Maximum age of applicant at loan maturity : 65 years
- Income: Minimum Net Annual Business income of Rs. 1.5 Lac p.a. for selected models and Rs. 2.5 Lac p.a. for others
- Income eligibility – As per latest ITR and computation of income
- Employment : Minimum 3 yrs in same line of business.
*All of the above is subject to terms and conditions.
About Mumbai
Mumbai, formerly Bombay, is the capital city of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million
Points of Interest or Famous places:
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Gateway of India
Bombay High Court
Haji Ali Dargah
Essel World
JW Marriott, Mumbai
