Axis Bank Car Loan in Chennai

About Axis Bank Car Loan Chennai

Axis Bank, the third largest private lender with approximately 3,000 branches and 13,000 ATMs across India, can be the right option for your banking needs. With an enhanced employee strength and increased market capitalization, the bank stands firmly amid massive competition that has crept into the banking space consisting of large, mid and small players vying against each other. The bank ownership mainly rests with the mutual fund institutions, FIIs, insurance firms, banks, corporate bodies, individuals. Together, they hold nearly 70% of the bank’s equity. The remaining 30% is with United India Insurance Company, National Insurance Company Limited, among others. While the registered office of the bank is in Ahmedabad, the corporate office is located in Mumbai.

Axis Bank provides banking services to retail, corporate, NRI, MSME and other clients to fulfill their needs. For meeting personal expenses and medical contingencies, the bank offers a personal loan at an attractive interest rate for a flexible repayment tenure. It also has products for the car lovers.

With the word car, the city of Chennai can easily be associated with. The city is an automobile hub rolling out a large number of cars to capture your imagination. Many automobile firms unveil the new models in Chennai every year. Looking at the inherent desire of a car in the city of Chennai, Axis Bank has outlined the car loan offer providing customers the custom finance options to keep their dream 4-wheeler wish lively as ever. Offering loans for a wide range of cars at affordable interest rates, Axis Bank has become a preferred lender for all those looking to dazzle the roads of Chennai. The processing of the loan is simple. Within 2 days to a week, you get the receipt of the car loan in Chennai. The minute details of Axis Bank car loan is presented in the table below.

Axis Bank Car Loan Chennai at a Glance

ParticularsDetails
Interest Rate

11.00% - 12.00%

Loan AmountUpto 85% of on-road price (New Cars)

Upto 80% of the valuation amount (Used Cars)
TenureUpto 7 Years (New Cars)

Upto 5 Years (Used Cars)
Processing Fee₹ 3,500-5,500 (Both New & Used Cars)
Pre-payment Charges5% 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

Below are the eligibility criteria that you should consider to get your car loan application approved.

  • Salaried would have to attain a minimum age of 21 years to apply 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 ₹ 1,80,000-2,40,000.
  • 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 Chennai

Branch Addresses of Axis Bank Car Loan in Chennai

Branch NameComplete AddressIFSCMICRCustomer Care
Chennai82 Dr Radhakrishnan Salai Mylapore, Chennai, 600004UTIB0000006600211002044-28306800/02/03
T Nagar79, G N Chetty Road T. Nagar, 600017UTIB0000014600211003044 - 28349300
Nna Nagar, ChennaiF 33, Ii Nd Avenue, Anna Nagar East, 600102UTIB0000016600211004044-26289047/57/42655573
Ramapuram149 1C/1D, Mount Poonamalle Road Ramapuram, 600089UTIB0000074600211005044- 2249 2184/ 85/ 86
AdyarNo 18, M.G Road, Near Adyar Bus Depot Shastri Nagar, 600041UTIB0000082600211006044-24523333
MadipakkamNo - 2 Medavakkam High Road Madipakkam, 600091UTIB0000083Branch NameComplete Address
Chennai Service BrFirst Floor 82, Dr. Radhakrishnan Salai , Mylapore, 600004UTIB0000127Chennai82 Dr Radhakrishnan Salai Mylapore, Chennai, 600004
South Zonal Office - Szo82, Aalim Centre, Dr. Radhakrishnan Salai, Mylapore, Chennai 600004UTIB0000146T Nagar79, G N Chetty Road T. Nagar, 600017
Anna SalaiNo. 225, Anna Salai Opp. Spencers Plaza, 600002UTIB0000168Nna Nagar, ChennaiF 33, Ii Nd Avenue, Anna Nagar East, 600102
Purasawalkam57, Purasawalkam High Road Purasawalkam, 600007UTIB0000189Ramapuram149 1C/1D, Mount Poonamalle Road Ramapuram, 600089
Virugambakkam69, Arcot Road, Virugambakkam, 600092UTIB0000211AdyarNo 18, M.G Road, Near Adyar Bus Depot Shastri Nagar, 600041
Velachery, Chennai37 - D, Velachery - Tambaram Main Road Velachery, 600042UTIB0000234MadipakkamNo - 2 Medavakkam High Road Madipakkam, 600091
Ashok NagarNo.72, 4Th Avenue Ashok Nagar, 600083UTIB0000285Chennai Service BrFirst Floor 82, Dr. Radhakrishnan Salai , Mylapore, 600004
MogappairPlot No.46, Block No.1 Bazar Street , Mogappair East, 600037UTIB0000345South Zonal Office - Szo82, Aalim Centre, Dr. Radhakrishnan Salai, Mylapore, Chennai 600004
NeelangaraiR.M.Hospitals A - 1, Srinivasapuram, 600041UTIB0000423Anna SalaiNo. 225, Anna Salai Opp. Spencers Plaza, 600002
George TownUti House, 29, Rajaji Salai Chennai, 600001UTIB0000424Purasawalkam57, Purasawalkam High Road Purasawalkam, 600007
TambaramValluvar Gurukulam Girls H S School No.220 G.S.T Road, Tambaram (West), 600045UTIB0000428Virugambakkam69, Arcot Road, Virugambakkam, 600092
NanganallurNo. 13/1, 4Th Main Road, Nanganallur, Chennai 600061 , Tamil Nadu, 600061UTIB0000486Velachery, Chennai37 - D, Velachery - Tambaram Main Road Velachery, 600042
Periyar NagarNo.7/A - 42, Karthikeyan Salai Periyar Nagar, Chennai 600082 , Tamil NaduUTIB0000598Ashok NagarNo.72, 4Th Avenue Ashok Nagar, 600083
Kilpauk, ChennaiSymphony Palace, Door No. 450/744, Poonamalle High Road, Kilpauk, Chennai 600010 , Tamil NaduUTIB0000620MogappairPlot No.46, Block No.1 Bazar Street , Mogappair East, 600037
Old Washermanpet,No. 549, Thiruvorthiyur High Road, Old Washermanpet, Chennai 600021UTIB0000622NeelangaraiR.M.Hospitals A - 1, Srinivasapuram, 600041
R A PuramNo. 40, 2Nd Main Road R A Puram, Chennai 600028 Tamil NaduUTIB0000676George TownUti House, 29, Rajaji Salai Chennai, 600001
Egmore26, Haddows Road Nungambakkam Chennai 600006, Tamil NaduUTIB0000780TambaramValluvar Gurukulam Girls H S School No.220 G.S.T Road, Tambaram (West), 600045
SaidapetTamil Nadu Housing Board Complex No.493, Anna Salai, Nandanam Chennai 600035, Tamil NaduUTIB0000781NanganallurNo. 13/1, 4Th Main Road, Nanganallur, Chennai 600061 , Tamil Nadu, 600061
KotturpuramNo. 8, Theyagaraya High Road T. Nagar, Chennai 600017 Tamil NaduUTIB0000782Periyar NagarNo.7/A - 42, Karthikeyan Salai Periyar Nagar, Chennai 600082 , Tamil Nadu
ThiruvallurNo. 169, J N Road, Thiruvallur 602001 Tamil NaduUTIB0000621Kilpauk, ChennaiSymphony Palace, Door No. 450/744, Poonamalle High Road, Kilpauk, Chennai 600010 , Tamil Nadu
Credit Management CentreNo.192, First Floor, Karumuthu Nilayam Anna Salai, Chennai 600002 Tamil NaduUTIB0000711Old Washermanpet,No. 549, Thiruvorthiyur High Road, Old Washermanpet, Chennai 600021
IrungattukottaiNo. 1, Bajanai Koil Street Chennai - Bangalore Highway Irungattukottai, Dist. Kancheepuram Tamil Nadu, Pin 602105UTIB0000843R A PuramNo. 40, 2Nd Main Road R A Puram, Chennai 600028 Tamil Nadu
PallavaramNo. 66, Pammal Main Road Pallavaram, Chennai Dist. Kancheepuram, Tamil Nadu Pin 600043UTIB0000851Egmore26, Haddows Road Nungambakkam Chennai 600006, Tamil Nadu
AmbatturNo. 426/469, Mth Road Ambattur, Dist. Thiruvallur Chennai, Tamil Nadu, Pin 600053UTIB0000865SaidapetTamil Nadu Housing Board Complex No.493, Anna Salai, Nandanam Chennai 600035, Tamil Nadu
KodambakkamNo. 2, 2Nd Main Road United India Colony Kodambakkam, Chennai Tamil Nadu, Pin 600024UTIB0000866KotturpuramNo. 8, Theyagaraya High Road T. Nagar, Chennai 600017 Tamil Nadu
KoyambeduPlot No. 10 & 11, Jawaharlal Nehru Road , (Rathnapuri), Koyambedu, Chennai, Tamil Nadu, Pin 600107UTIB0001009ThiruvallurNo. 169, J N Road, Thiruvallur 602001 Tamil Nadu
Corporate Banking Branch, ChennaiNo. 192, Ground Floor, Karumuthu Nilayam, Annasalai, Chennai - 600002UTIB0001165Credit Management CentreNo.192, First Floor, Karumuthu Nilayam Anna Salai, Chennai 600002 Tamil Nadu
SelaiyurDoor No.47, Sundaram Colony, Camp Road , Selaiyur, Dist. Kancheepuram, Chennai, Tamil Nadu, Pin 600073UTIB0001181IrungattukottaiNo. 1, Bajanai Koil Street Chennai - Bangalore Highway Irungattukottai, Dist. Kancheepuram Tamil Nadu, Pin 602105
PoonamalleeDoor No.311/1, 52 A, Poonamalle Trunk Road, Poonamalle, Chennai, Tamil Nadu, Pin 600056UTIB0001182PallavaramNo. 66, Pammal Main Road Pallavaram, Chennai Dist. Kancheepuram, Tamil Nadu Pin 600043
K K NagarBlock - 2, P T Rajan Salai, K K Nagar, Chennai, Pin 600078.UTIB0001224AmbatturNo. 426/469, Mth Road Ambattur, Dist. Thiruvallur Chennai, Tamil Nadu, Pin 600053
AminjikaraiOld No. 360/1, New No.633/1, Poonamallee High Road , Aminjikarai, Chennai, Tamil Nadu, Pin 600029UTIB0001372KodambakkamNo. 2, 2Nd Main Road United India Colony Kodambakkam, Chennai Tamil Nadu, Pin 600024
TeynampetEast Coast Centre, New Door No. 534A, Old Door No. 553, Anna Salai, Teynampet, Chennai, Tamil Nadu, Pin 600029UTIB0001374KoyambeduPlot No. 10 & 11, Jawaharlal Nehru Road , (Rathnapuri), Koyambedu, Chennai, Tamil Nadu, Pin 600107

 

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