If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
  • loading

    We found 1 Axis Bank Car Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.60% - 11.50% Fixed
    Up to ₹5,500
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Axis Bank Car Loan is Rated as "Great!" by 4333 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    Axis Bank Car Loan

    Axis Bank Limited is the third largest private sector bank in India. It offers financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. Axis Bank offers uniquely tailored car loan products that take the pain and hassle out of buying a car. Axis Bank car loans are flexible, transparent, quick, and cost-effective. Special benefit available for Priority Banking, Wealth Banking and Privee banking customers. On BankBazaar.com you can check your eligibility in seconds for a Axis bank car loan by filling in a short form and you can apply online. To know more, follow some simple steps given below to get attractive deals.


    You’re probably eligible for an Axis Bank Car Loan if you are

    01
    02
    03
    04
    Axis Bank Car Loan Minimum Age

    At least 21 years old

    Axis Bank Car Loan Maximum Age

    Less than 75 years old

    Axis Bank Car Loan Eligible Employment Type

    Salaried or self-employed
    with regular income

    Axis Bank Car Loan Minimum Income

    Earn more than the minimum
    income required


    Your Axis Bank Car Loan amount eligibility is based on these factors

    01
    02
    03
    Axis Bank Car Loan Minimum Salary

    Minimum income required
    Rs.20,000 per month

    Axis Bank Car Loan Maximum Loan to Value

    Loan capped @
    95% of the ex-showroom price

    Axis Bank Car Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Axis Bank Car Loan amount by these steps

    01
    02
    Axis Bank Car Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Axis Bank Car Loan Maximum Tenure

    Choose longer tenure loan up to 7 years


    Documentation needed to apply for an Axis Bank Car Loan

    • 1. Signed application form with photograph
    • 2. Photo ID and age proof
    • 3. Residence proof
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

    Axis Bank Car Loan Interest RatesUpdated on 16 Dec 2017

    Axis Bank Car Loan Details
    Interest Rate (Monthly reducing balance) 8.60% to 11.50%
    Processing Fees Up to Rs. 5500
    Loan Tenure 1 year to 7 years
    Pre-closure Charges 10% of principal outstanding (plus GST) till 6 months. 5% (plus GST) thereafter. Two part-payments allowed per financial year
    Guarantor Requirement No guarantor required

    Overview About Axis Bank Car Loan

    Axis Bank is popular for it’s incomparable car loan schemes in India, with it’s uncomplicated processing, flexible tenures, and superior customer service. Low interest rates make this car loan very attractive and affordable. Car loan finance rates fluctuate based on external market conditions but still Axis Bank ensures that the car loan interest rates are competitive and reasonable.

    Why choose Axis Bank Car Loan?

    Axis Bank offers affordable car loans at low interest rates. The process for availing car loan is simple and transparent and the bank also offers the option of flexible tenures. Customer service provided by the bank is very unique and customer centric.

    Features of Axis Bank Car Loan

    • The ex-showroom price of the vehicle is used to calculate the amount sanctioned for the car loan.
    • The Bank offers incomparable interest rates on car loans.
    • On select models, an LTV of maximum 95% of the ex-showroom price is offered to the customers
    • salaried and self-employed individuals, proprietorships, HUF, Partnership firms, Limited Liability Partnership Firms, Trusts, Societies and Companies, etc can avail car loan from Axis bank.
    • It offers banking surrogate schemes.
    • Loans are available from Rs. 1 Lakh and above
    • Tenure of car loan ranges between 1 to 7 years
    • There are exclusive benefits available for Priority Banking, Wealth Banking and so on.
    • Customers who have a salary account with Axis Bank can avail special schemes for car loans.

    BankBazaar.com is an avant-garde loan comparison website which provides accurate and reliable information on probable car loan options, through an uncomplicated interface, that is focused on bringing both the pros and cons of the associated car loan plan. Applying for a car loan with Bankbazaar.com is advantageous due to the following reasons :

    1. One Stop Destination for Multiple Products - Bankbazaar offers multiple choices of car loans, based on your specific requirements. Customers interested in Axis Bank car loan can go through all related information and products, offers, etc available for this loan.
    2. Lowest Interest Rates- BankBazaar.com is associated with market leaders like HDFC Bank, Axis Bank,ICICI Bank and many others who help us obtain the lowest interest rates on personal, car or home loans for you. By applying through Bankbazaar.com for your Axis Bank car loan, you can avail special interest rates and offers on your car loan that is not available anywhere else.
    3. Instant Quotes- By filling up a simple online form, the customer can help us evaluate the perfect loan options for him/her. For Axis Bank Car loan, based on information provided, BankBazaar.com will provide you all the information related to the amount of car loan that can be availed, interest rates and schemes that can be looked into and so on.
    4. Simple Online Comparison- In order to justify your decision to avail Axis Bank car loan you can compare loans from different Banks against each other for your specific suitability- rate of interest, EMI, processing fees,customer feedback, etc. With Bankbazzar.com, customers get to make wise, informed decisions.
    5. Transparent Procedures - Bankbazaar.com isn’t a mediator, a promoter/dealer or agent of any bank. Our assessment of the available car loan options and plans is always impartial and objective, so that customers can make informed decisions.
    6. Privacy- Personal information is treated with high regard and kept very confidential. The information you provide is only shared with your chosen lender, and never shared with a third party for any reason whatsoever.

    Top banks in India like HDFC, ICICI and Axis Bank swear by the Bankbazaar.com name. Our steadfastly reliable online technology has been assiduously adopted by these lenders to provide their customers the best loan experience on their own websites.

    Applying for an Axis Bank car loan on Bankbazaar.com is a simple and quick process. The step by step procedure is as follows -

    • On Bankbazaar.com’s homepage, select Car Loan from the various loan options on offer. It turns up results from popular loaning banks (with regards to the loan option selected) and the user friendly ‘Get Quote’ and ‘Explore’ buttons. Clicking on either of these will open up a simple interface with a couple of questions. Provide the requisite information and respond to the various uncomplicated prompts. Choosing Axis Bank directly from this menu will allow you to properly check the features and benefits associated with the Bank. The ‘Apply Now’ option takes this step further.
    • Once you have made up your mind to avail Axis Bank car loan, select the car loan option and quote offered by the bank by clicking on it.
    • After the submission of the online application, you will receive an instant e-approval from Bankbazaar.com. This application is next transferred to your chosen bank from wherein a customer support executive will get in touch with you within a short duration of time. The status of your application can be tracked through email and sms as well.

    Availing services provided by Bankbazaar.com helps save your time, money and efforts, while assuring you the best loan options that is tailor made for your exclusive requirements.

    The interest rate billed by Axis for auto loans depends on multiple factors. Check with the nearest branch or call the customer service to ascertain the applicable rate.

    Axis Car Loan Interest Rate for New Borrowers

    Ranges from 9% to 11.50%

    Note: The interest rate is subject to periodic revision as per bank’s credit policy and RBI’s quarterly reviews. Make sure to confirm with the bank on prevailing rates at the time of applying and choose the terms accordingly.

    Axis Bank offers car loans to both salaried and self-employed individuals who meet the eligibility criteria as specified by the bank.

    Salaried Individuals

    • The applicant should be 21 years old or above.
    • The applicant should not be aged above 70 years at loan maturity (this is subject to various other conditions laid down by the Bank).
    • In order to meet Income eligibility parameters, the applicant should have a minimum net annual salary of Rs. 2.4 Lac p.a. and this also depends on latest salary slip and Form 16.
    • The applicant has to be employed for a minimum of 1 year continuously.

    Self-employed Individuals

    • The applicant should be 18 years old or above.
    • The applicant should not be more than 75 years old at the time of loan maturity
    • Self-employed applicants should have a minimum of Rs. 1.8 Lac p.a as net annual business income for selected car models and Rs. 2.0 Lac p.a. for others.
    • Eligibility criteria for income depends on latest ITR.
    • The applicant has to be employed for a minimum of 3 years in the same line of business.

    Self-employed Non Individuals

    • The Income of self employed non individual applicants should be a minimum of Rs. 1.8 Lac p.a. for selected models or Rs. 2.0 Lac p.a. for others
    • In order to meet income eligibility, latest 2 years ITR and audited financial of 2 years along with computation of income is required.
    • Has to be employed for a minimum of 3 years in the same line of business.

    Through Bankbazaar.com, calculation of the EMI on Axis Bank car loan is a simple and quick process. Our Car Loan EMI Calculator tool is designed to calculate the applicable EMI on your car loan and the total interest due, in a matter of seconds. Simply, follow the steps listed below-

    Go to Finance tools and select car loan emi calculator. After that, fill in details required such as loan amount that you wish to borrow can be entered using the slider or the edit box, tenure of loan, interest rate and processing fee. The calculator will then work out the exact pattern of your loan repayment.

    By entering the four fields, you can see the monthly EMI which you have to pay to Axis Bank in order to pay off your car loan. Based on your eligibility BankBazaar will show you car loan offers from Axis Bank. You can then select the offer and apply online.

    Axis Bank customers have to shell out relatively high foreclosure charges if they wish to pre-close their loan before the determined date.

    • 5% of the principal outstanding loan amount if they are making a foreclosure after 180 from the commencement of the loan.
    • 10% of the principal outstanding loan amount if they are making a foreclosure before 180 from the commencement of the loan.

    For the verification process, customers will have to submit the following documents.

    • Salaried individuals can submit either their Aadhaar card, PAN card, Passport, Voter’s ID card or Driving License, or latest salary slip and Form 16 for identification proof and Aadhaar card, Passport, Voter’s ID card, Telephone bill, Electricity Bill or Life Insurance policy for address proof.
    • Self-employed individuals can submit either their Aadhaar card, PAN card, Passport, Voter’s ID card or Driving License or latest Income Tax Return form for identification proof and Aadhaar card, Passport, Voter’s ID card,
    • For self-employed individuals from a Public Limited Company, they have to submit either an audited balance sheet, profit or loss account of the past year or the company ITR form for the last two years as proof of income. For address proof, customers can submit either their telephone bill, electricity bill, establishment certificate, SSI registered certificate or sales tax certificate.Telephone bill, Electricity Bill or Life Insurance policy for address proof.
    • For self-employed individuals from partnership firms, they have to submit either an audited balance sheet, profit or loss account of the past year or the company ITR form for the last two years as proof of income. For address proof, customers can submit either their telephone bill, electricity bill, establishment certificate, SSI registered certificate or sales tax certificate.
    • For self-employed individuals from a Private Limited Company, they have to submit either an audited balance sheet, profit or loss account of the past year or the company ITR form for the last two years as proof of income. For address proof, customers can submit either their telephone bill, electricity bill, establishment certificate, SSI registered certificate or sales tax certificate.

    If you’re new to availing a car loan from Axis Bank, make sure you follow the below listed tips or guidelines.

    • Plan your finances for the month.
    • Choose a car within your budget.
    • Make sure that your credit score is optimum before applying for the loan - anything above 750 is good. The higher your credit score the lower will be the interest rate added to your loan.
    • Keep the tenure short - especially for a car loan as the value of your car depreciates as the years go by.
    • Take an insurance policy against your car loan - to cover the loan liability in case of an eventuality.
    • Ensure that your debt-to-income ratio does not surpass 40% of your monthly net income.
    • Make a down payment north of 20% of the total loan amount. This too will reduce the interest rate significantly.
    • Never miss an EMI payment. If you do, immediately speak to the bank and make an adjustment.
    1. How can I find my Axis Bank Car Loan Status online?

      Axis Bank car loan customers can track applications made on Bankbazaar.com through SMS alerts and mails. Axis Bank car loan status can also be checked online through the Axis Bank portal.

    2. Where can I find the Axis Bank Car Loan Application Form?

      Customers can apply for a car loan online through the Bankbazaar website or the Axis Bank website using the online Axis Bank car loan application form.

    3. Is it possible to check the Axis Bank Car Loan Statement Online?

      Yes, borrowers can get their car loan statements through the Axis Bank online banking portal.

    4. Can I make part - prepayment and if so what are the Axis Bank Car Loan Prepayment Charges ( Pre Closure Charges)?

      Yes, you can make a part-prepayment towards your Auto Loan. Part payment Charges are 10 % of the part payment amount up to 180 days from date of disbursement and after 180 days 5% charge would be levied from date of disbursement.

    5. How do I contact Customer care for more details on Axis Bank Car Loan?

      Our dedicated and qualified team of customer care executives are available at xxxxxxxxxx and will be happy to assist customers with any queries regarding Axis Bank car loans.

    6. What are the documents required for availing a car loan through Axis Bank ?

      List of documents required are :

      • Proof of Age
      • Identity proof
      • Duly filled application form
      • Photograph of applicant
      • Proof of residence
      • Income proof
      • Latest Bank statement
      • Signature verification proof
      • Rate List or Pro-forma Invoice

      Post Sanction / Pre Disbursement Documentations required are :

      • The duly signed Loan Agreement along with RTO set.
      • Request for Standing Instruction (SI) or ECS form or post dated cheques (PDCs). Security Cheques are required for SI and ECS.
      • Margin money receipt.
    7. How to apply for an Axis Bank Car Loan?

      You can use any of the following methods to apply for a car loan from Axis Bank.

      • You can apply online on the Axis Bank website.

      • You can visit any Axis Bank Loan Center. A list of the centers is available on the Axis Bank Website.

      • You can also call the customer care center on the Axis Bank toll free lines.

      • Axis Bank also provides an SMS service. Send “Car” to XXXXXXX to start the process.

    8. What is the minimum loan amount I can get from Axis Bank?

      Axis Bank offers a minimum of Rs. 1 lakh to purchase a car.

    9. What is the maximum loan amount I can get with an Axis Bank Car Loan?

      The maximum loan amount you can get from Axis Bank to buy a car will depend on your eligibility criteria. The bank will also take into consideration the finance requirements, your income and repayment capacity.

    10. What is the minimum loan tenure?

      Axis Bank offers car loans with repayment tenures starting from 12 months.

    11. What is the maximum loan tenure?

      Axis Bank offers car loans with flexible repayment tenures that can be extended to a maximum period of 60 months.

    12. What is the interest rate on Axis Bank Auto Loan?

      Axis Bank charges 11.00% - 12.00% as interest. The interest rates offered are fixed.

    13. Are there any processing fees on Axis Bank Car Loans?

      Yes, Axis Bank levies processing fees within the bracket of Rs. 3,500 to Rs. 5,500 which is inclusive of tax. You also need to pay Rs. 300 as documentation charges. Processing fees are kept transparent and to a minimum.

    14. What are the charges for late payment?

      Axis Bank will charge 2% per month for late payments.

    15. Can I preclose my car loan?

      Yes, you are allowed to foreclose your car loan. You can submit a request for preclosure at any Axis Bank Loan center.

    16. Are there any foreclosure fees on the car loan from Axis Bank?

      Yes, Axis Bank will levy 5% of the outstanding principal amount + GST.

    17. Does Axis Bank allow part payments on the car loan?

      Yes, you can make part payments on your car loan but this will be allowed only twice in a loan calendar year. You can make only one part payment in the loan calendar month. The minimum amount needs to be equal to one EMI. The maximum part payment allowed is 25% of the principal balance in one year.

    18. Are there any charges for part payment?

      Yes, 5% of the Part Payment amount plus GST will be charged as part payment fees.

    19. What is the penalty for bounced cheque?

      Rs. 500 is charged per bounced cheque.

    20. How do I repay the loan? What are the options to pay EMIs?

      You can make payments towards your loan EMIs in the following ways.

      Post-dated cheques - You can handover post dated cheques to the nearest Axis Bank Loan Center. Only non-Axis Bank account cheques will be accepted. This option is available only in non-ECS locations. Subsequent sets of post dated cheques should be submitted on time.

      Electronic Clearing Service (ECS) - This service is available for customers to make payments from non-Axis Bank accounts. EMIs will automatically be deducted from the account on the EMI Due Date.

      Standing Instructions - Axis Bank customers who hold a savings, current or salary account can use this option. Non-Axis Bank customers can choose to open a savings account to avail of this facility. The EMI amount will automatically be deducted from this account, so make sure it is sufficiently funded by the due date.

    21. Can I check the status of my loan application online?

      Yes, you can visit the Axis Bank website to check your loan status. Select loans and click on “Have/Applied for an Axis Bank Loan”. You can then click on “Check your loan status online”. Fill in your Application ID and click on “Enquiry” to know the status of your car loan.

    22. Where can I get a Car Loan Application form?

      You can visit an Axis Bank Loan center to procure this form. You can also get a sample copy of all car loan application forms online on the Axis Bank website. Select Products > Loans > Car Loans > How to apply.

    23. For what kind of vehicles does Axis Bank provide car loans?

      You can avail of car loans from Axis Bank to finance passenger cars, sports utility vehicles (SUVs), and multi-utility vehicles (MUVs) that are purchased for personal use and available in India.

    24. What is the process of loan verification?

      After you have submitted your loan application and required documents, Axis Bank follows the procedure below.

      • Processing and approval of the application form.

      • Verification of documentation.

      • Sanctioning the loan.

      • Disbursement of the loan.

    25. How long does the car loan process take?

      Axis Bank takes up to 30 working days to make a decision and convey this information to you. This time period is calculated from the date of receipt of your application form which is complete and all documentation required. If the form is incomplete, or the documents needed for a proper appraisal has not been submitted by the customer, this period could be extended.

    26. What security is acceptable to Axis Bank to get a car loan?

      In the case of Axis Bank Auto Loans, the car itself will serve as security. You need to hypothecate the vehicle to the bank for the period of the loan. No other collateral is needed.

    27. How do I remove the hypothecation on the vehicle after I have repaid the loan?

      After you have repaid your loan, Axis Bank will guide you through the process of removing the hypothecation. Axis Bank will provide you with the following documents.

      • No Objection Certificate (NOC) will be issued for the Regional Transport Office (RTO) and the Auto Insurance Company.

      • No Objection Certificate issued by Axis Bank.

      • Original Form 35.

      You need to approach your Regional Transport Office (RTO) and submit these documents. A fee for the hypothecation removal from the Registration Certificate will be charged.

    28. How do I change my email address in my car loan account?

      You can change or update your address in the car loan account by calling the Axis Bank toll free numbers. Simply inform them to make the change. Alternatively, you can send an email to loans@axisbank.com from your registered email ID.

    29. How do I change my phone number in my Axis Bank Car Loan Account?

      You can change your phone number following the same procedure as changing your email ID. You can call the Axis Bank toll free numbers and inform them to make the change. Alternatively, you can send an email to loans@axisbank.com from your registered email ID.

    30. How do I contact the Axis Bank Customer Care for car loan queries?

      You can call the following number toll free to contact the Axis Bank customer service.

      1800 233 5577

      1800 209 5577

      1800 103 5577

      You can also email them at loans@axisbank.com.

    31. How I track my loan progress or repayment schedule?

      You can track your loan account by placing a request for Statement of Account or Repayment Schedule. You can also request for an interest certificate. Contact the customer care via phone or email to place this request. You can also visit an Axis bank Loan Center to get this information.

    32. What is the income requirements for Axis Bank Car Loan?
      • For salaried individuals, you need to be earning at least Rs. 2.4 lakhs per annum.

      • Self employed individuals should be earning at least Rs. 2 lakhs per annum. This is reduced to Rs. 1.8 lakhs on selected models.

      • Self-employed non individuals should be earning at least Rs. 1.8 Lac p.a. for selected models and Rs. 2.0 Lac p.a. for others.

      • Under the special schemes for Priority/Wealth/Privee Customers, a minimum Average Quarterly Balance of Rs. 1 lakh for the last 2 quarters completed is required.

    33. What are the documents required for a Axis Bank car loan application?

      You need to submit the following documents along with your car loan application.

      • Application form

      • Photograph

      • ID proof

      • Age proof

      • Address proof

      • Income proof

      • Signature verification proof

      • Bank statement

      • Pro-forma Invoice or Rate List

    34. Are there documents required to be submitted after the loan is sanctioned?

      Yes, you need to submit the following documents post sanction and before disbursement.

      • Duly signed loan agreement along with RTO set.

      • Margin money receipt.

      • Payment documents - Request for Standing Instruction, ECS Form, Post-dated Cheques.

      • 3 post dated Security Cheques are required for SI and ECS.

    35. Do I need my CIBIL score to apply for an Axis Bank Car Loan?

      Since a car loan is a secured loan, your CIBIL score might not be absolutely required. But CIBIL scores help get your loan approved and fetch you good interest rates. You can purchase your score on the CIBIL website for Rs. 500. Banks usually prefer a score of 750 and above.

    36. Can I cancel my loan application before it is sanctioned or disbursed?

      Yes, you are allowed to make a cancellation on your loan application. However, Rs. 1,000 will be charged for cancellations. Additional charges can include stamp duty charges and interest accumulation.

    Find Axis Bank IFSC Code:

     In Case You Missed It!!!

    Car loan default - What, when and how

    There have been instances where a customer has applied for a car loan but fails to pay the EMIs that are needed to repay the loan amount. In such situations, the bank or lender will notify the customer of the payments that need to be made. If the customer fails to respond to these notifications, the customer will be termed as a defaulter. It is important that a customer reads the offer documents carefully to ensure that they do not miss out on any EMI payments to avoid tarnishing their credit profile. Read more about Car Loan Defaults

    Importance of the car loan surrender letter

    Whenever you take a car loan, you will find that there are types of clauses which can be complex and confusing. These clauses are prepared in order to secure the interest of the lender. One of these clauses is the surrender letter. It states that the borrower is ready to surrender the vehicle when he or she violates the terms and conditions laid by the lender or when he or she defaults the loan. This clause is very helpful to the banker when the borrower fails to respond to the lender's notifications regarding repayment or when the borrower defaults the loan. Find out more about a surrender letter here!

    Manufacturer, dealer and agents role in a car loan deal

    There is a large group of people in India who would purchase a new or used car with the financial backing provided by a car loan. When a customer decides on purchasing a car, the dealer that they approach will offer to guide them to the right financier who can offer a car loan at an affordable interest rate. But we fail to notice the contributions made by a number of people when purchasing a car. The manufacturer, agent, bank, and dealer all have an equal role to play in the purchase of a car. Learn more on purchase of a four-wheeler.

    Reality Check for Car Loan Freebies

    There are a number of car dealers and manufacturers who resort to attractive discounts and offers to make customers purchase their vehicles. This practice has been in effect for ages and has proven to be a successful tactic which has resulted in an increase in annual sales. There are a number of different offers that are provided such as discounts, free accessories, free servicing of the car, cash discounts, free insurance, and many more. A customer can choose a dealer that provides the right offer that works best with their needs and requirements. Read further to know more.

    Things to consider when applying for a car loan

    In today’s world, not all of us can purchase a car without the help of a car loan. With car loans being one of the most popular financial products among the people of India, potential borrowers should be equipped with the right information about the loan. There are certains conditions that need to be met by a car loan applicant to be eligible for the loan. Interest rates will have to be negotiated, documents would have to be submitted, and credit history are only a few of the factors which the car loan applicant will have to consider and research on. Read on to know more about the important points to consider when Applying for a Car Loan.

    News About Axis Bank Car Loan

    • Axis Bank Reduces Base Rate By 10 Bps

      Axis Bank, the 3rd largest private lender in the country, has reduced its base rate by 10 bps to 9.85. This new base rate will be effective from 30 June, 2015. This is the second time that the bank has reduced its base rate in the current financial year. Earlier, the bank revised the base rate from 10.15% to 9.95% on 13 April, 2015 after the Reserve Bank of India released its first bi-monthly policy. Now, customers can avail car loans and other loans from the bank at a reduced interest rate. This is the ideal time to apply for a car loan with Axis Bank.

      2nd July 2015

    • Axis Bank Launches Suviddha Prepaid Card

      Axis Bank, the 3rd largest private lendor in India, laucnhed a new prepaid card called Suviddha Prepaid Card. This card will compliment the 'Jan Dhan Yojana' programme laucnhed by Prime Minister Modi. The Suviddha Prepaid Card is an innovative initiative that will allow the customer to deposit and withdraw cash instantly. Axis Bank is offering this prepaid card in collaboration with Suvidha Infoserve. The card will be ideal for migrant population as it will use customer's Aadhaar card based e-KYC for issuing the card instantly to the customers.

      The Suviddha Prepaid Card will be completely paperless and can also be used by the customers for online transactions at Suvidha Infoserve's network of Business Correspondent agents.

      28th April 2015

    • The profit of Axis bank has been boosted up to 25%

      A recent press report said that the net profit of Axis bank increased to 25 per cent to Rs.920 crore compared to the net profit of Rs.735 per cent during the corresponding period last year.
      Read more

      9th October 2011

    • An insight into car loans and car loan overdrafts

      Many car buyers who opt for borrowing think only of car loan option and are not aware of the other possible options like car overdrafts. Let us take a look at the intrinsic difference between a normal car loan and a car loan overdraft facility. Read more

      10th March 2014

    • Invest as per your earning capacity!

      The main reason why investing and savings is encouraged is because, morally, this will not only help you but also your family tremendously when it comes to fulfilling any financial requirements. Read more

      9th November 2011

    Axis Bank Car Loan Reviews

    • Axis Bank Car Loan
      "WONDERFUL SERVICE"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with AXIS Bank as i took car loan from there . The bank gave me a full approval on the amount i asked for . The Customer service is good fromthe bank side . The amount got Disbursed in a week time . The Rate of interest was 8.5% they charged and the processing fee was 2K they took . It bank provided me Pre closure option with no charges .
      Was this review helpful? 2
      , bangalore
      Reviewed on Dec 08, 2017
    • Axis Bank Car Loan
      "Good One"
      0.5 4.0/5 "Great!"
      I canceled the application from my side it was over all a good experience with AXIS Bank . The Customer service was good from axis bank as i applied for a car loan . I was getting a better option from hdfc bank side . I wanted a fast approval and the process was a kind of slow . As form my side The time limit was less so i did not opt for it .
      Was this review helpful? 1
      , hyderabad
      Reviewed on Dec 02, 2017
    • Axis Bank Car Loan
      "Car loan with AXIS"
      0.5 5.0/5 "Blown Away!"
      Since i have not fixed with the car ,i could not able to process the loan application with bankbazaar. In future if i am planning to get a car loan then i can definitely consider AXIS bank. The bank is really approachable for car loan.
      Was this review helpful? 1
      , ahmedabad
      Reviewed on Dec 01, 2017
    • Axis Bank Car Loan
      "GOOD"
      0.5 1.5/5 "Bad"
      It was not a good experience i had AXIS Bank for my car loan process . The customer service i received was ok but it could have been more better . The bank did not give me a full approval only the 85 to 90% was approved .the Rate of interest was 9% they charged me . The processing fee was there was nominal . The money got Disbursed within 24 hours . The bank took Pre closure charges of 5% for closing the loan .
      Was this review helpful? 0
      , surat
      Reviewed on Nov 28, 2017
    • Axis Bank Car Loan
      "Nice experience"
      0.5 5.0/5 "Blown Away!"
      Axis Bank is excellent with the car loan process and they have processed my loan on time and there are no high charges on the interest rate. Being a corporate customer the bank has offered me the best of deals always and the after loan services are also good.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 27, 2017
    • Axis Bank Car Loan
      "Good bank"
      0.5 4.0/5 "Great!"
      I have applied for a car loan with AXIS but later i had taken the loan from Kotak mahindra so that i have closed the loan with Axis bank. The customer service and response with the bank is perfectly fine. Other than that i dont have any other issue with the bank.
      Was this review helpful? 0
      , noida
      Reviewed on Nov 25, 2017
    • Axis Bank Car Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      AXIS car loan service was fine,the customer support was awesome also the interest rate was good but I was with some personal issues so I was unable to process further with my loan process with axis it was totally a average service from axis car loan service.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Nov 25, 2017
    • Axis Bank Car Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Axis car loan service was a very good experience for me they offered me with higher interest rate which compare to other banks in the market. The customer service was prompt with axis car loan service,I never find any difficulty with axis car loan service.
      Was this review helpful? 1
      , noida
      Reviewed on Nov 24, 2017
    • Axis Bank Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      It was a awesome experience from axis for my car loan service they took only one day to process the loan request. The customer service was amazing they fulfilled my requirements as I expected I got a loan amount of 9 lakhs and the interest rate they quoted me was superb compare to others in the market.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 24, 2017
    • Axis Bank Car Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      Axis car loan service was good but I feel the interest rate they offered me was little high compare to others in the market and I got a better offer with a better interest rate. The customer service was very supportive I use to get regular followups regarding my loan process it was a average service from axis for my car loan service.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Nov 24, 2017
    • Axis Bank Car Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      It was a good service from axis for my car loan service the interest rate they quoted me was little high compare to others in the market. The customer service was good with axis bank service it was totally a wonderful experience with axis for my car loan service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 24, 2017
    • Axis Bank Car Loan
      "GOOD SERVICE"
      0.5 5.0/5 "Blown Away!"
      The service was good with axis for my car loan service the interest rate they offered me was 9 % which was high compare to other banks in the market it was the main reasons for the cancellation of my loan process the customer service was prompt it was a nice experience with axis for my car loan service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 24, 2017
    • Axis Bank Car Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I am having the car loan with the Axis bank and the rate of interest is around 9.65%, also the customer service is good one for me. I would like to say that they need to improve on it because they have not provided the insurance copy for this.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 24, 2017
    • Axis Bank Car Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      AXIS car loan service was good the customer service was good the interest rate they offered me was 10 % which was comfortable for me ,I had some personal issues so I was unable to process further so I postponed the plan temporarily it was totally a good experience with axis for my car loan service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 24, 2017
    • Axis Bank Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      My car loan was taken with Axis Bank before 1.5 years. They have given proper response. The executive came to my place to collect the documents. They had offered me 3.2L with a duration of 3 years. The rate of interest is nominal like other banks.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 22, 2017
    • Axis Bank Car Loan
      "High on ROI"
      0.5 3.0/5 "Satisfactory"
      There was a response on time from Axis Bank. They contacted me and informed me the details for the car loan. But I went ahead with another bank because the rate of interest and processing charges was on the higher side. Else the response was on time.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 22, 2017
    • Axis Bank Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the car loan from Axis bank, my loan application was closed because the rate of interest was way high when compared to all other banks. When it comes to customer service, it was good, they responded on time and gave all the correct information. There was also regular follow ups done.
      Was this review helpful? 1
      , mumbai
      Reviewed on Nov 20, 2017
    • Axis Bank Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the car loan from Axis bank, my loan application was closed because i do not require car loan as of now. The customer service part was good and they responded on time. Regular follow ups were done and there was no delay. The rate of interest is nominal when compared to other banks.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 20, 2017
    • Axis Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for the car loan from Axis bank, my loan application was closed because i have taken a car loan from other bank. When it comes to customer service, it was good, they responded on time, the only issue was with the preclosure charges. The rate of interest was nominal when compared to other banks.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 18, 2017
    • Axis Bank Car Loan
      "Fast approval"
      0.5 5.0/5 "Blown Away!"
      My car loan was taken with Axis bank. They are providing good service and giving the best offers. They charged 5 % for pre closure which they didn't inform to me. It was on time and the process was very easy. Documentation process is very simple. The representative was very kind and helpful.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2017
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.