Balance Transfer & Top Up Car Loan Interest Rates (Oct 2025)

For Loans with tenure up to 36 months

1 Yr MCLR	Spread over MCLR	Effective ROI	Reset	Processing Fee	Documentation Charges
8.90%	3.3%-8%	12.2%-16.9%	No Reset	1% of loan amount	Rs. 700

For Loans with tenure over 36 months

Effective ROI	Processing Fee	Documentation Charges
12.2%-16.9%	1% of loan amount	Rs 700

ROI would vary basis loan amount and vehicle model selected.

Balance Transfer and Top Up Car Loan Car Charges

At Axis Bank, we offer Balance Transfer and Top Up Car Loan at highly competitive interest rates and minimal processing charges which are completely transparent. Find out the Balance Transfer and Top Up Car Loan charges below.

Sr. no	Type	Charges
1	Cheque/ECS/NACH Bounce / Instrument Return Charges	Rs. 339/- per instance
2	Cheque / Instrument Swap Charges	Rs. 500 per instance
3	Duplicate Statement Issuance Charges	Rs. 250/- per instance
4	Duplicate Repayment Schedule Issuance Charges	Rs. 250/- per instance
5	Duplicate No Dues Certificate / NOC	Rs. 50/- per instance
6	Penal Charges	^Financial Default: 8% p.a. above applicable interest rate on the overdue amount (subject to the aggregate not exceeding 24% per instance)
7	Loan cancellation / Re-booking	Rs. 550/- per case
8	Foreclosure/Part Payment Closure	5% of the Principal Outstanding
9	Stamp Duty	At actuals
10	Issuance of Credit Report	Rs 50/- per instance
11	Documentation Charge	Rs 700/-
12	Registration Certification Collection Charge	Rs 250/- per instance
13	Valuation Charges	Rs 590 (inclusive of GST)
*Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable) ^Financial Default includes all types of payment or financial defaults/irregularities with respect to your Loan Account. There shall be no capitalisation of Penal Charges. Pre-Payment charges are not applicable for fixed rate loans up to 50 lakhs to Micro and Small Enterprise (MSE)