If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
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We found 1 Axis Bank Car Loan Diwali Offers
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8.60% - 11.50% Fixed
Up to ₹5,500
1L Min
1-7 Years
Response Time : Within 30 minutes
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Axis Bank Car Loan Diwali Offers is Rated as "Great!" by 4419 Users

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Axis Bank Car Loan Diwali Offers

When Diwali is just round the corner it is time to treat yourself and your family with something memorable. Just after clothes, crackers and sweets, the next thing that comes to your mind to bring home on Diwali is a brand new car. If you and your family have been longing for a car since long this is the time to gift yourself and your beloved ones a luxurious car as this festive season it is raining car loan offers.

Axis Bank is offering car loans to customers at an affordable interest rate to fulfil their desire to buy a car this Diwali. The bank is providing up to 100% on-road funding and up to 95% funding on the ex-showroom price of the vehicles for some selected models. In some specific cases, there is offer of up to 150% financing. The interest is charged at a reasonable rate of 9.25% p.a. based on the loan amount. Under an exclusive offer it is currently giving up to 100% funding on the purchase of Ford cars. Axis Bank is not charging any processing fee to sanction the loan to the borrowers. The best thing is, if you apply for an Axis Bank car loan on BankBazaar website, you will receive exclusive Diwali gifts and discounts after the disbursal of the loan amount.

Key Features of Axis Bank Car Loan

Axis Bank car loan comes with a number of attractive features that makes it an ideal borrowing option for the car lovers to buy their desired car.

  • You can avail a loan amount of minimum Rs.1 lakh to maximum Rs.15 lakh with low EMI option.
  • The loan is disbursed quickly in the borrower’s account after approval.
  • There are very flexible repayment options starting from 1 year to 7 years.
  • A processing fee ranging between Rs.3500 to Rs.5,500 is charged on the basis of the loan amount.
  • Part-payment and pre-closure of the loan is allowed with a minimal fee.
  • No requirement of any guarantor or any kind collateral to apply for the loan.
  • An affordable interest rate of 11% - 12% p.a. is charged on the loan.
  • Salaried individuals within the age group of 21 to 70 years and self-employed persons within 18 and 75 years of age are eligible for the loan.
  • Minimum income required for salaried individuals to apply for the loan is Rs.2.4 lakhs p.a. and for self-employed persons it is Rs.1.8 lakhs p.a. for some car models and Rs.2 lakh p.a. for other models.
  • Salaried individuals should have minimum 1 year of continuous employment and self-employed persons need to have minimum 3 years of experience in the same business.
  • Axis Bank car loan is available on the purchase of pre-owned cars as well. 

Car Loan Reviews

  • Axis Bank Car Loan
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have taken the car loan with the AXIS BANK where the rate of interest is nominal also the loan amount is good added on that i am using it from past one year. The customer service is helpful by getting the car loan with this bank. I am satisfied with the services of this bank.
    Was this review helpful? 1
    , kolkata
    Reviewed on Dec 11, 2018
  • Axis Bank Car Loan
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    The Car loan experience with them has been really quick and the process has been simple as i was having my salary account with them. The loan amount was sufficient and the interest rate with them has been nominal as well. There has not been any sort of additional charges which they had made so far.
    Was this review helpful? 5
    , chennai
    Reviewed on Dec 10, 2018
  • Axis Bank Car Loan
    "Its excellent service"
    0.5 5.0/5 "Blown Away!"
    Axis bank gave me the best interest rate, My showroom dealer linked with many banks but I approached Axis bank directly because my company got tie up with Axis , Kotak. Therefore Axis bank gave me best corporate interest on the car loan product.
    Was this review helpful? 2
    , bangalore
    Reviewed on Dec 05, 2018
  • Axis Bank Car Loan
    "Good service"
    0.5 4.0/5 "Great!"
    My experience with AXIS bank for car loan was good, the rate of interest was nominal when compared to other banks. Customer service was good and they followed up on time. The loan amount was sufficient and tenure period for this loan is 5 years.
    Was this review helpful? 1
    , lucknow
    Reviewed on Dec 01, 2018
  • Axis Bank Car Loan
    "Need to reduce ROI"
    0.5 5.0/5 "Blown Away!"
    My experience was good with AXIS bank for car loan, the loan amount was based on my requirement and the rate of interest of 14% was high when compared to others. Customer service was good with AXIS bank and the tenure period for this loan is 2 years.
    Was this review helpful? 6
    , bangalore
    Reviewed on Nov 30, 2018
  • Axis Bank Car Loan
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    I had been taken this loan almost four to five months and the services which they had been providing so far had been good. The loan amount whcih they had provided has been sufficient and the interest rate with them has been nominal. There has not been any hidden charges made by them so far.
    Was this review helpful? 0
    , chennai
    Reviewed on Nov 20, 2018
  • Axis Bank Car Loan
    "Very Good Service"
    0.5 4.0/5 "Great!"
    It was a good experience i had with the services of them. The loan amount which they had provided has been sufficient and the interest rate with them has been nominal. There has also not been any preclosure charges with them and any other charges as well.
    Was this review helpful? 0
    , chennai
    Reviewed on Nov 18, 2018
  • Axis Bank Car Loan
    "Best Service"
    0.5 5.0/5 "Blown Away!"
    My experience was good with AXIS bank for car loan, the loan amount was based on my requirement and the rate of interest was nominal when compared to others. Customer service was good with AXIS bank and the tenure period for this loan is 5 years.
    Was this review helpful? 3
    , bangalore
    Reviewed on Nov 16, 2018
  • Axis Bank Car Loan
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I have been holding my car loan with Axis bank, i have taken celerio car they have given me sufficient loan amount and there rate of interest they have charged me 12% it is nominal for me and there processing fee they have charged me nominal only.
    Was this review helpful? 1
    , faridabad
    Reviewed on Nov 14, 2018
  • Axis Bank Car Loan
    "Good service"
    0.5 4.0/5 "Great!"
    I have been using my car loan with Axis bank , the call amount they have given me sufficient and i have take my Nissan Renault car from this loan and there rate of interest they have charge me was nominal and the processing fee which they have given me is nominal, and the tenure period they have given me is up to 3 years.
    Was this review helpful? 1
    , secunderabad
    Reviewed on Nov 14, 2018
  • Axis Bank Car Loan
    "Best Service"
    0.5 5.0/5 "Blown Away!"
    My car loan experience was good with AXIS bank, the process was smooth and i received my loan amount on time. The loan amount was for Rs 10 lacs with nominal interest rate in the market. Customer service was good with this bank and the tenure period is 7 years.
    Was this review helpful? 3
    , hyderabad
    Reviewed on Oct 22, 2018
  • Axis Bank Car Loan
    "Very good service"
    0.5 5.0/5 "Blown Away!"
    I have taken car loan from the Axis bank for 3 lacs. I've closed the loan and the interest rate was nominal during the application. The application was smooth and hassle free. They processed the application and disbursed the loan amount with in no time.
    Was this review helpful? 1
    , thane
    Reviewed on Sep 26, 2018
  • Axis Bank Car Loan
    "Process is nice"
    0.5 4.5/5 "Excellent!"
    Axis Bank has also given me the benefit of a car loan. The rate of interest is around 8% and the process to get the loan was easy. I had no difficulty in document submission. The customer services and response is good and they communicated to me on time.
    Was this review helpful? 4
    , vadodara
    Reviewed on Sep 18, 2018
  • Axis Bank Car Loan
    "Good "
    0.5 4.0/5 "Great!"
    I have taken car loan for the Axis bank . They have provide nominal rate of interest of 10.75 even they have reduced the rate of interest based on the market price where there is no processing fee . They have give tenure period of 4 years . Making the payment through easy monthly installment .
    Was this review helpful? 4
    , bangalore
    Reviewed on Sep 04, 2018
  • Axis Bank Car Loan
    "Very good service"
    0.5 5.0/5 "Blown Away!"
    I have taken a car loan from the AXIS bank for 3.5 Lacs, the interest rate was normal market rate. The processed and sanctioned the application with in 2 days. It was also a very good experience. The customer support was also really helpful during the process.
    Was this review helpful? 4
    , bangalore
    Reviewed on Aug 29, 2018
  • Axis Bank Car Loan
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    My car loan was taken with AXIS BANK 2 year back. The loan amount was 3.5 lakhs and the interest rate was very satisfactory . The tenure period was 5 years but i pre closed it in 2 years it self.I was charged 5% for pre closing here and it can be done only after 1 year. I had a smooth process and the loan was approved on time.
    Was this review helpful? 9
    , chennai
    Reviewed on Aug 02, 2018
  • Axis Bank Car Loan
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    I've taken a Car lon form the Axis bank for 7 lacs, I got the offers from Axis bank applied for it. The loan was sanctioned with in 2-3 days. The rate of interest was also comparatively low with other banks. It was a good car loan experience with the Axis bank.
    Was this review helpful? 7
    , new delhi
    Reviewed on Jul 27, 2018
  • Axis Bank Car Loan
    "Good car loan services"
    0.5 4.0/5 "Great!"
    I have purchased a Honda car by using the Axis bank car loan. I have taken this loan 5 years back. Its easy to get a loan from Axis bank. I have taken the loan amount of Rs. 3.5 lakhs and they have sanctioned the same amount. They have offered me a interest rate of 8.75% which is a floating interest rate. They have charged something around 10000 as a processing fee. I have closed the loan before the tenure. They have not charging anything for the pre-closure. I have chosen the tenure of 5 years and i have closed around 2.5 years itself.
    Was this review helpful? 3
    , mumbai
    Reviewed on Jul 23, 2018
  • Axis Bank Car Loan
    "Best Service"
    0.5 5.0/5 "Blown Away!"
    I have taken a car loan with AXIS bank and my experience was very good, the loan amount was for Rs 3 lakhs out of which i paid Rs 2.15 lakhs and remaining 80000 is left out. The rate of interest of 11% is nominal rate and it is a new car. Customer support was good and they followed up on time.
    Was this review helpful? 2
    , bangalore
    Reviewed on Jul 12, 2018
  • Axis Bank Car Loan
    "Very good"
    0.5 5.0/5 "Blown Away!"
    My car loan was taken with AXIS Bank 11 years back. The loan amount was 54 lakhs and the interest rate was satisfactory and the tenure period was 84 months. I had a good experience here . The documentation was really easy and there was no delay in disbursing or sanction the loan. Their processing fee was also quite nominal so its recommendable.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jul 12, 2018
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