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Loans

New Car Loan

Explore the most flexible, quick and cost-effective way
to own your dream car

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High LTV Ratio

Upto 95% of the ex-showroom price on select models

Loan Amount

Minimum - Rs. 1,00,000
Maximum - Upto 85% on-road funding

Special Benefits

For Priority Banking, Wealth Banking, Privee Banking customers, as well as Axis Bank Salary A/C customers

Axis eDGE Rewards

Earn reward points for completing transactions

Features and Benefits

  1. Rates of Interest Processing Fee* Documentation Charges*
    11.00% - 12.00% Rs. 3500 to Rs. 5500 Rs.300/-
    * Inclusive of GST
    Other Charges
    Sr. No Type Charges
    1 Cheque Bounce / Instrument Return Charges Rs 500/ Instance
    2 Cheque / Instrument Swap Charges Rs 500/ Instance
    3 Duplicate Statement issuance charges Rs 500/ Instance
    4 Duplicate Repayment Schedule issuance charges Rs 500/ Instance
    5 Duplicate No Dues Certificate / NOC Rs 500/ Instance
    6 Late Payment Penal Interest 2% per month
    7 Loan cancellation / Re-booking Rs 1000/ instance
    8 Foreclosure Charges 5% of the Principal Outstanding plus GST
    9 Part payment charges ** 5% of the Part Payment amount plus GST
    10 Stamp Duty At Actuals
    11 Issuance of Credit Report Rs 50/ Instance
    *Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable).
    ** The minimum amount accepted for part payment will be equal to one EMI and maximum amount will be 25% of the balance principal in one year.

    For more details, please Click here







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