Axis Bank Car Loan in Agra
Last Updated : May 26, 2017, 11:17 a.m.
About Axis Bank Car Loan Agra
The word cultural heritage is associated with the city of Agra, which is located on the banks of Yamuna river in the state of Uttar Pradesh. Tourists from around the world come to visit the spectacular architecture of Agra, including the most popular Taj Mahal and Fatehpur Sikri. Agra finds itself on the golden triangle tourist circuit that also features New Delhi and Jaipur.
But Agra is not only about the forts, it also occupies a special place for agriculturists who contribute nearly 40% of the city’s population. Apart from the agriculture, leather and iron foundries businesses also flourish here. It is a home to a large number of self-employed businessmen with the existence of over 7,000 small-scale units. You can find a large number of entrepreneurs engaged in the business of handicrafts and marble.
Agra has an excellent network of banks all around the city. Of them, there is Axis Bank ready with a comprehensive range of products to serve you at each step of your financial life. The loans and deposits offered by the bank are constantly tailored to meet the requirements at best.
Axis Bank, the third largest private sector bank with around 3,000 branches and 13,000 ATMs, provides various loans such as a car loan to the people living in Agra. The bank offers a car loan to people looking to buy both new and used vehicles. The car loan interest rates are affordable and thus give you every reason to bring home a car without hurting your wallet. The bank offers a car loan to both salaried and self-employed.
With quick loan approval and seamless disbursal, the bank sits among the top car loan lenders in your city Agra. The documentation process is simple, making it one of the most preferred lenders here. The people of Agra have been availing attractive car loan offers to drive around the city with their families and friends. Car seekers can get their eyes down to the chart below showing the necessary details of Axis Bank car loan.
Axis Bank Car Loan Agra at a Glance
| Particulars | Details |
|---|---|
| Interest Rate | 7.45% - 14.50% |
| Loan Amount | Upto 85% of on-road price (New Cars) Upto 80% of the valuation amount (Used Cars) |
| Tenure | Upto 7 Years (New Cars) Upto 5 Years (Used Cars) |
| Processing Fee | ₹ 3,500-5,500 (Both New & Used Cars) |
| Pre-payment Charges | 5% of the Principal Outstanding after 180 days from date of disbursement and 10 % of the Principal Outstanding upto 180 days from date of disbursement |
Eligibility Criteria
Axis Bank has placed few norms for the car loan approval. Take a look at those.
- Salaried must be atleast 21 years while applying for a car loan. While by the loan expires, the maximum age permitted is 70 years. Self-employed, on the other hand, must be a minimum of 18 years at the time of application and a maximum of 75 years at loan maturity.
- Minimum net annual income should be ₹ 1,80,000 and ₹ 2,40,000.
- While salaried must have a 1-year of continuous employment, self-employed should stay for atleast 3 years in the same line of business.
Documents Required
For Salaried
- Identity Proof-PAN Card/Voter ID/Aadhaar Card/Passport
- Residence Proof-Aadhaar Card/Passport/Voter ID/Utility Bill
- Age Proof-PAN Card/Voter ID/Aadhaar Card/Educational Certificates
- Signature Verification Proof-PAN Card/Passport/Driving License
- Income Proof-Salary Slips of Last 3-6 Months, Form 16 for Last 2 Years, 6-month Bank Statement
- Pro-forma Invoice or Rate List
- Car Valuation Report In Case of Used Cars
- Duly Signed Loan Agreement Copy with RTO Set
- Processing Fee Cheque
- Post-dated Cheques, ECS Mandate Form Duly Signed
- Photographs
For Self-employed
- Identity Proof-PAN Card/Voter ID/Aadhaar Card/Passport
- Residence Proof-Aadhaar Card/Passport/Voter ID/Utility Bill
- Business Establishment Proof-Any of the Indirect Tax Registration Copy, Utility Bills of Shops
- Age Proof-PAN Card/Voter ID/Aadhaar Card/Educational Certificates
- Signature Verification Proof-PAN Card/Passport/Driving License
- Income Proof-ITR, Profit & Loss Account Statement and Audited Balance Sheet for the Last 2-3 Years
- Pro-forma Invoice or Rate List
- Car Valuation Report In Case of Used Cars
- Duly Signed Loan Agreement Copy with RTO Set
- Processing Fee Cheque
- Post-dated Cheques, ECS Mandate Form Duly Signed
- Photographs
Want more information? Visit Car Loan Agra
Address of Axis Bank Branches in Agra
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Sanjay Place | Shop No A/G5, 6, 7, 8 &Ab 5, 7, 15. Block No 41/4A Sanjay Place, Agra, Uttar Pradesh-282002 | UTIB0000086 | 282211002 | 0562-4037500 |
| Taj Link Road | Aditya Complex, Property No. 18/163, Khasra No. 203, 204, 205 &206 (Part)Taj Link Road, (Fatehabad Road), Agra, Uttar Pradesh-282001 | UTIB0000643 | 282211003 | 0562-223 2064/ 0899/ 0676/ 1907 |
| Firozabad | Building No. 68, Vimala Tower, Opp. Bus Stand Agra Road, Firozabad, Uttar Pradesh-283203 | UTIB0000672 | 283211002 | 05612-232 896/ 928/ 071 |
| Hing Ki Mandi | Ground & 1St Floor, 8/512, Hing Ki Mandi, Kotwali Road, Agra, Uttar Pradesh- 282003 | UTIB0002351 | 282211005 | 9927805804 |
| Sikandra | Ground Floor, Plot No. 9, Sector 9, Sikandra Yojana, Agra, Uttar Pradesh-282003 | UTIB0002427 | 282211006 | 0562-4080242/ 243/ 244/ 245 |
| Shahganj | Ground Floor Plot No 32 33, Hanuman Nagar, Shahganj, Agra Uttar Pradesh Pin 282010 | UTIB0002681 | 282211007 | 9927498587 |
| Bhagwan Talkies | Ground Floor Ashoka Plaza 322 322 C 322 C1, Nagla Padi Bye Pass Road Agra, Uttar Pradesh-282002 | UTIB0003070 | 282211008 | 8755030555 |