Axis Bank Car Loan in Bhubaneswar

Last Updated : March 18, 2017, 3:28 p.m.

About Axis Bank Car Loan Bhubaneswar

Bhubaneswar, the capital of Odisha, is a centre for information technology, tourism, and education. The city is full of temples for you to visit. And rightly so, Bhubaneswar is called as the temple city. Made with a Kalinga architectural theme, the temples are an amazing sight for the travellers to witness. Some of the famous temples that you can visit here include Lingraj Temple, Ananta Vasudeva Temple, Rajarani Temple, etc.

The city came into prominence when World Bank ranked Bhubaneswar as the best place for business in India in its report in 2014. Not many know that Bhubaneswar is growing rapidly as far as the business is concerned. The growing investment has made the city as one of the fast growing commercial hubs in the eastern India. The post-liberalization period saw investment pouring into the city’s telecommunications, education, and information technology sectors.

Amid a massive need to expand the business, there is a growing need for banks that can provide suitable loans to drive the city’s economy. Even, there are customers who want to deposit the sum in their savings, current or fixed deposit accounts. To meet these requirements, a large number of banks are there to serve the people of the city. Axis Bank is one of them that has been fulfilling the dreams through a powerful package of loan and deposit products. The bank is a trusted player when it comes to fulfilling the needs of retail, corporate, rural or NRI clients.

The city of Bhubaneswar has good roads to ride on. So, why not apply for a car loan in the city. From the list of lenders, Axis Bank can make your car desire even stronger. Wondering, how? It’s because of the attractive interest rates and the flexible repayment tenure. The easy documentation further raises the excitement to own a car. The car loan application depends on the interest rate and other important aspects. Check out all that and more as we drive along.

Axis Bank Car Loan Bhubaneswar at a Glance

Eligibility Criteria

Want to apply for Axis Bank Car Loan in Bhubaneswar? Check out the eligibility parameters before doing so.

• Salaried would have to attain a minimum age of 21 years to apply for a car loan . While at the proposed expiry of the loan tenure, the maximum age allowed 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 ₹ 1,80,000-2,40,000.
• 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

Looking for additional information? Visit Car Loan Bhubaneswar .

Branch Addresses of Axis Bank Car Loan Bhubaneswar