Axis Bank Car Loan in Hyderabad

About Axis Bank Car Loan Hyderabad

Axis Bank has emerged as a strong player in the banking space that has a large number of players with varied capacities fighting against each other to gain more market share with the time. It’s the rich vein of customized products that have defined the course of Axis Bank in a period of 23 years that it has been in the space. Long time ago in 1994 the bank began serving the clients. The bank was supported by a long list of promoters that included Unit Trust of India, National Insurance Company Ltd., General Insurance Corporation (GIC) and Life Insurance Corporation (LIC), among others. With the years gone by, not only the services but also the shareholding pattern has undergone a change. The bank’s equity mainly rests with the FIIs, mutual fund institutions, individual investors, corporate bodies, which combinedly hold around 70% stake. The remaining 30% stake is held by Oriental Insurance Company Ltd., United India Insurance Company Ltd., and New India Assurance Company Ltd.

As far as the products are concerned, Axis Bank has a wide spectrum to select from. The products are designed keeping in mind to fulfill the requirements of corporate, retail, NRI, MSME and other categories of clients. For those who want to buy a car, there are suitable loans to avail. The bank offers loan to the customers to buy both new and used cars. With a car in your house, the life seems complete, right! In the absence of it, we miss something. Particularly at a time when it has become tough to commute via public transport, a car can smoothen your day-to-day travel experience. Axis Bank has recognized this inherent need and thus developed car loan products accordingly.

Hyderabad, a famous place down South India, is also where Axis Bank has a strong root. Being the IT city, Hyderabad has a significantly larger base who wants to get their car desire fulfilled. Axis Bank has taken special care of the Hyderabadis by providing them the customized car loan offers. All Keyed up to join the bandwagon? Stay glued to the information below.

Axis Bank Car Loan Hyderabad 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

You need to follow the below points to ensure a smooth approval of Axis Bank Car Loan in Hyderabad.

  • Salaried must be a minimum age of 21 years while applying for a car loan. By the time loan tenure is about to expire, 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 Hyderabad

Branch Addresses of Axis Bank Car Loan in Hyderabad

Branch NameComplete AddressIFSCMICRCustomer Care
Hyderabad6 - 3 - 879/B First Floor, G Pulla Reddy Bl Greenlands, Begumpet Road, 500016UTIB0000008500211002040-2340 0731/ 2
TarnakaGround Flr, Welcome Court Complex, Opp. Railway Degree College, Tarnaka, 500017UTIB0000027500211003040-2700 2118 / 2122/ 2124
Jubilee Hills, HyderabadH.No.8 - 2 - 293/82/J - Iii/19 , Plot No. 19 - Iii, Road No. 71, Jubilee Hills, 500034UTIB0000030500211004040-23600082/3/4
SecunderabadD.No.5 - 3 - 338/3, Lpf House Rashtrapati Road, 500003UTIB0000068500211005040-27543186/ 87/ 88
Charminar (Hyderabad Old City)D.No.22 - 6 - 63/1, First Floor Gulzar House, Charminar, 500002UTIB0000192500211006040- 2450 2292 / 96
Kukatpally (Hyderabad)H.No.Mig - 9, Dharmareddy Colony, Opp.Police Stn, Kphb Colony, Kukatpally, 500072UTIB0000193500211007 040-2315 8708 / 2305 8603
Dilsukhnagar (Andhra Pradesh)Dno.16 - 11 - 767/768, Matruchaya Complex Moosarambagh, 500036UTIB0000235500211008040-2455 0532, 5552 5094
Sanjeeva Reddy NagarPlot No. 257/3Rt Sanjeeva Reddy Nagar, Hyderabad, 500038UTIB0000289500211009040-2371 0237/ 38
Nizamabad5 - 6570/3C, C/O Sham Agencies, Hyderabad Road, 503003UTIB000029150321100208462-235 635/ 235 636/ 550 077
Ashok NagarUdit Chambers, 1 - 10 - 191/2, Ashok Nagar, 500020UTIB0000370500211010040- 2766 2482 / 83
Srinagar ColonyD No 8 - 3 - 960/7, Near Vivekananda School Of Pg Main Road, Srinagar Colony, 500073UTIB0000425500211011040-2375 2333/ 2375 2332/ 6668
Humanyun NagarD No 10 - 4 - 2, Ground Floor Grama Parishramala Bhavanam, Humayun Nagar, 500028UTIB0000426500211012040-2352 5255/ 66
Dr A S Rao NagarPlot No B - 3 , Opp. Sai Sudhir Degree College Main Road, Dr A S Rao Nagar, Kapra, 500062UTIB0000427500211013040-27122 809/ 467
Banjara HillsDoor No. 6 - 3 - 249/6, Alcazar Plaza Road No.1. Banjara Hills, Hyderabad 500034UTIB0000515500211014 (040) 2330 5050/6060/7070
ChandanagarPlot No 5 - 8, Survey No. 353/1, Hemadurga Sharda Galaxy, ChandanagarUTIB0000538500211015040-4021 2101
MadhapurNift Campus, Hitech City, Opp Cyber Towers, Madhapur 500081UTIB0000553500211016040-2311 5422/ 3045
BalanagarSmr Vinay Capitol (Old Shobana Theatre) D.No. 6 - 3 - 10 (Old No.3 - 10), Sy. No. 120 Balanagar, Hyderabad 500042 Andhra PradeshUTIB0000698500211018 040 - 23877701/ 02/ 04
GachibowliPlot No.24, Survey Nos. 6/1, 10 And 17 Upper Ground FloorUTIB0000733500211020040 - 2300 4914/65870001
Hanuman TekdiSri Krishna Ashray, 4 - 3 - 537 & 4 - 3 - 538 Hanuman Tekdi, Off Bank Street Hyderabad , Andhra Pradesh, Pin 500095UTIB0000881500211023040- 24760002/ 3/ 4
MusheerabadNo.6 - 4 - 10, Krishna Nagar Colony, Bholakpur, Opp. New Gandhi Hospital , Musheerabad, Hyderabad , Andhra Pradesh, Pin 500080UTIB0001112500211024(040) 27533033/ 34/ 36 / (040) 27533035
BibinagarVijay Manohar Mansion, Door No. 5 - 105/6/1, Ground Floor, Plot No.14 & 15, Survey No.596, Hyderabad - Warangal Main Road, Bibinagar Village & Mandal, Dist. Nalgonda, Andhra Pradesh 508126UTIB0001114500211025(08685) 279001/ 2/ 3 / (08685) 279004
L B NagarS.No. 66/4, Kamineni X Road, (Beside Modi Ford Showroom), L B Nagar, Hyderabad, Andhra Pradesh, Pin 500074UTIB0001134500211027(040) 24038134/ 7134 / (040) 24033734
TIRUMALGHERYTirumalgherydevi Towers, Plot No. 8, Chandragiri Colony, Tirumalghery, Secunderabad, Pin 500015, Andhra PradeshUTIB0001135500211026(040) 27748946 / 47 /48 / (040) 27748949
HabshigudaD.No.1 - 7 - 70/6, Maheswari Nagar, Street No 8, Habsiguda, Hyderabad 500007UTIB0001195500211028040-27173370, 040-27173371, 040-27173380
ChevellaNo.1 - 19/13, Veerabhadra Complex, Opp. Market Yard, Hyderabad Main Road , Chevella, Dist. Ranga Reddy, Andhra Pradesh, Pin 501503UTIB0001266501211602(08417)244401/ 02/ 03 (08417) 244404
QuthbullapurPlot No 45, 46, & 54, 55, Chinthal Main Road , Quthbullapur, Hyderabad , Andhra Pradesh, Pin 500054UTIB0001304500211030(040) 23087722/33/44 (040) 23087755
ChampapetD.No.6 - 9/1 (Old), Behind Bharathi Garden, Sagar Road , Champapet, Hyderabad , Andhra Pradesh, Pin 500059.UTIB0001305500211029(040) 23532436/ 37/ 38 (040) 24532439
MarredpallyH.No.10 - 1 - 49, Sy No. 63, Boosa Reddy Guda, West Marredpally , Secunderabad, Andhra Pradesh, Pin 500026.UTIB0001319500211031(040) 27801044/ 45/ 41(D) (040) 27801043
Road No.2, Banjara HillsUnit No.1, Ground Floor, Mch No.8 - 2 - 273, 276 & 277, Pavani Avenue , Road No.2, Banjara Hills, Hyderabad , Andhra Pradesh, Pin 500034.UTIB0001379500211033(040) 23552981/2/3 (040) 23552984
Basheerbagh3 - 5 - 824, Hyderguda, Basheerbagh, Hyderabad, Andhra Pradesh, Pin 500029.UTIB0001380500211032(040) 23232256/7/8 (040) 23235259
NallakuntaNo.2 - 1 - 311, Patwari Compound, Nallakunta, Hyderabad , Andhra Pradesh, Pin 500044UTIB0001381500211034(040) 27667782/ 85/ 87 (040) 27667784
Prakash Nagar501, Naiks Vijayasri Nivas, H.No.1 - 11 - 255, Begumpet Road No. 1, (Beside Begumpet Airport ), Sp Road , Hyderabad , Andhra Pradesh, Pin 500016.UTIB0001454500211041(040) 27764070/ 1/ 2 (040) 27764073
MalkajgiriNo.25 - 40/73/61, Anantha Saraswathi Nagar, Main Road, East Anandbagh, Malkajgiri, Hyderabad , Dist. Rangareddy, Andhra Pradesh, Pin 500047.UTIB0001455500211042(040) 27221608/ 9/ 21 (040) 27221645
Diamond PointPlot No.5, Ground Floor, Sanjeevaiah Colony, " K1 Square " Building, Silkh Villahe Road , Diamond Point Circle , Secunderabad, Dist.Hyderabad, Andhra Pradesh, Pin 500009.UTIB0001456500211037(040) 27811144/5/6 (040) 27811147
SerilingampallyKbrs Vasai Residency, Plot No.5, Huda Trade Centre, Serilingampally, Dist. Ranga Reddy, Andhra Pradesh, Pin 500073.UTIB0001457500211038(040) 23032501/2/3 (040) 23032504
Siddiamber BazarShop No.4, First Floor, Shikha Enclave, Ghmc No. 15 - 1 - 515 To 521 & 539, Siddiamber Bazar, Hyderabad, Andhra Pradesh, Pin 500012.UTIB0001458500211040(040) 24735001/ 2/ 3 (040) 24735004

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