Axis Bank Car Loan Eligibility:

1. 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
2. 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.

How is your Axis Bank car loan eligibility determined?
Based on the following aspects Axis Bank will determine your loan eligibility:

• Your monthly income
• Cost of the vehicle
• Other EMI’s which you are paying for any other loan

Fill the form above to check your actual car loan amount eligibility.

Axis Bank Car Loan documentation Checklist:

• Age proof
• ID proof
• Application form
• Photograph
• Residence proof
• Income proof
• Bank statement
• Signature verification proof
• Proforma invoice

Axis Bank Car Loan 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