Axis Bank Car Loan in Hyderabad
Last Updated : Sept. 4, 2017, 5:07 p.m.
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
| 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
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 Name | Complete Address | IFSC | MICR | Customer Care |
|---|---|---|---|---|
| Hyderabad | 6 - 3 - 879/B First Floor, G Pulla Reddy Bl Greenlands, Begumpet Road, 500016 | UTIB0000008 | 500211002 | 040-2340 0731/ 2 |
| Tarnaka | Ground Flr, Welcome Court Complex, Opp. Railway Degree College, Tarnaka, 500017 | UTIB0000027 | 500211003 | 040-2700 2118 / 2122/ 2124 |
| Jubilee Hills, Hyderabad | H.No.8 - 2 - 293/82/J - Iii/19 , Plot No. 19 - Iii, Road No. 71, Jubilee Hills, 500034 | UTIB0000030 | 500211004 | 040-23600082/3/4 |
| Secunderabad | D.No.5 - 3 - 338/3, Lpf House Rashtrapati Road, 500003 | UTIB0000068 | 500211005 | 040-27543186/ 87/ 88 |
| Charminar (Hyderabad Old City) | D.No.22 - 6 - 63/1, First Floor Gulzar House, Charminar, 500002 | UTIB0000192 | 500211006 | 040- 2450 2292 / 96 |
| Kukatpally (Hyderabad) | H.No.Mig - 9, Dharmareddy Colony, Opp.Police Stn, Kphb Colony, Kukatpally, 500072 | UTIB0000193 | 500211007 | 040-2315 8708 / 2305 8603 |
| Dilsukhnagar (Andhra Pradesh) | Dno.16 - 11 - 767/768, Matruchaya Complex Moosarambagh, 500036 | UTIB0000235 | 500211008 | 040-2455 0532, 5552 5094 |
| Sanjeeva Reddy Nagar | Plot No. 257/3Rt Sanjeeva Reddy Nagar, Hyderabad, 500038 | UTIB0000289 | 500211009 | 040-2371 0237/ 38 |
| Nizamabad | 5 - 6570/3C, C/O Sham Agencies, Hyderabad Road, 503003 | UTIB0000291 | 503211002 | 08462-235 635/ 235 636/ 550 077 |
| Ashok Nagar | Udit Chambers, 1 - 10 - 191/2, Ashok Nagar, 500020 | UTIB0000370 | 500211010 | 040- 2766 2482 / 83 |
| Srinagar Colony | D No 8 - 3 - 960/7, Near Vivekananda School Of Pg Main Road, Srinagar Colony, 500073 | UTIB0000425 | 500211011 | 040-2375 2333/ 2375 2332/ 6668 |
| Humanyun Nagar | D No 10 - 4 - 2, Ground Floor Grama Parishramala Bhavanam, Humayun Nagar, 500028 | UTIB0000426 | 500211012 | 040-2352 5255/ 66 |
| Dr A S Rao Nagar | Plot No B - 3 , Opp. Sai Sudhir Degree College Main Road, Dr A S Rao Nagar, Kapra, 500062 | UTIB0000427 | 500211013 | 040-27122 809/ 467 |
| Banjara Hills | Door No. 6 - 3 - 249/6, Alcazar Plaza Road No.1. Banjara Hills, Hyderabad 500034 | UTIB0000515 | 500211014 | (040) 2330 5050/6060/7070 |
| Chandanagar | Plot No 5 - 8, Survey No. 353/1, Hemadurga Sharda Galaxy, Chandanagar | UTIB0000538 | 500211015 | 040-4021 2101 |
| Madhapur | Nift Campus, Hitech City, Opp Cyber Towers, Madhapur 500081 | UTIB0000553 | 500211016 | 040-2311 5422/ 3045 |
| Balanagar | Smr Vinay Capitol (Old Shobana Theatre) D.No. 6 - 3 - 10 (Old No.3 - 10), Sy. No. 120 Balanagar, Hyderabad 500042 Andhra Pradesh | UTIB0000698 | 500211018 | 040 - 23877701/ 02/ 04 |
| Gachibowli | Plot No.24, Survey Nos. 6/1, 10 And 17 Upper Ground Floor | UTIB0000733 | 500211020 | 040 - 2300 4914/65870001 |
| Hanuman Tekdi | Sri Krishna Ashray, 4 - 3 - 537 & 4 - 3 - 538 Hanuman Tekdi, Off Bank Street Hyderabad , Andhra Pradesh, Pin 500095 | UTIB0000881 | 500211023 | 040- 24760002/ 3/ 4 |
| Musheerabad | No.6 - 4 - 10, Krishna Nagar Colony, Bholakpur, Opp. New Gandhi Hospital , Musheerabad, Hyderabad , Andhra Pradesh, Pin 500080 | UTIB0001112 | 500211024 | (040) 27533033/ 34/ 36 / (040) 27533035 |
| Bibinagar | Vijay 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 508126 | UTIB0001114 | 500211025 | (08685) 279001/ 2/ 3 / (08685) 279004 |
| L B Nagar | S.No. 66/4, Kamineni X Road, (Beside Modi Ford Showroom), L B Nagar, Hyderabad, Andhra Pradesh, Pin 500074 | UTIB0001134 | 500211027 | (040) 24038134/ 7134 / (040) 24033734 |
| TIRUMALGHERY | Tirumalgherydevi Towers, Plot No. 8, Chandragiri Colony, Tirumalghery, Secunderabad, Pin 500015, Andhra Pradesh | UTIB0001135 | 500211026 | (040) 27748946 / 47 /48 / (040) 27748949 |
| Habshiguda | D.No.1 - 7 - 70/6, Maheswari Nagar, Street No 8, Habsiguda, Hyderabad 500007 | UTIB0001195 | 500211028 | 040-27173370, 040-27173371, 040-27173380 |
| Chevella | No.1 - 19/13, Veerabhadra Complex, Opp. Market Yard, Hyderabad Main Road , Chevella, Dist. Ranga Reddy, Andhra Pradesh, Pin 501503 | UTIB0001266 | 501211602 | (08417)244401/ 02/ 03 (08417) 244404 |
| Quthbullapur | Plot No 45, 46, & 54, 55, Chinthal Main Road , Quthbullapur, Hyderabad , Andhra Pradesh, Pin 500054 | UTIB0001304 | 500211030 | (040) 23087722/33/44 (040) 23087755 |
| Champapet | D.No.6 - 9/1 (Old), Behind Bharathi Garden, Sagar Road , Champapet, Hyderabad , Andhra Pradesh, Pin 500059. | UTIB0001305 | 500211029 | (040) 23532436/ 37/ 38 (040) 24532439 |
| Marredpally | H.No.10 - 1 - 49, Sy No. 63, Boosa Reddy Guda, West Marredpally , Secunderabad, Andhra Pradesh, Pin 500026. | UTIB0001319 | 500211031 | (040) 27801044/ 45/ 41(D) (040) 27801043 |
| Road No.2, Banjara Hills | Unit No.1, Ground Floor, Mch No.8 - 2 - 273, 276 & 277, Pavani Avenue , Road No.2, Banjara Hills, Hyderabad , Andhra Pradesh, Pin 500034. | UTIB0001379 | 500211033 | (040) 23552981/2/3 (040) 23552984 |
| Basheerbagh | 3 - 5 - 824, Hyderguda, Basheerbagh, Hyderabad, Andhra Pradesh, Pin 500029. | UTIB0001380 | 500211032 | (040) 23232256/7/8 (040) 23235259 |
| Nallakunta | No.2 - 1 - 311, Patwari Compound, Nallakunta, Hyderabad , Andhra Pradesh, Pin 500044 | UTIB0001381 | 500211034 | (040) 27667782/ 85/ 87 (040) 27667784 |
| Prakash Nagar | 501, Naiks Vijayasri Nivas, H.No.1 - 11 - 255, Begumpet Road No. 1, (Beside Begumpet Airport ), Sp Road , Hyderabad , Andhra Pradesh, Pin 500016. | UTIB0001454 | 500211041 | (040) 27764070/ 1/ 2 (040) 27764073 |
| Malkajgiri | No.25 - 40/73/61, Anantha Saraswathi Nagar, Main Road, East Anandbagh, Malkajgiri, Hyderabad , Dist. Rangareddy, Andhra Pradesh, Pin 500047. | UTIB0001455 | 500211042 | (040) 27221608/ 9/ 21 (040) 27221645 |
| Diamond Point | Plot No.5, Ground Floor, Sanjeevaiah Colony, " K1 Square " Building, Silkh Villahe Road , Diamond Point Circle , Secunderabad, Dist.Hyderabad, Andhra Pradesh, Pin 500009. | UTIB0001456 | 500211037 | (040) 27811144/5/6 (040) 27811147 |
| Serilingampally | Kbrs Vasai Residency, Plot No.5, Huda Trade Centre, Serilingampally, Dist. Ranga Reddy, Andhra Pradesh, Pin 500073. | UTIB0001457 | 500211038 | (040) 23032501/2/3 (040) 23032504 |
| Siddiamber Bazar | Shop No.4, First Floor, Shikha Enclave, Ghmc No. 15 - 1 - 515 To 521 & 539, Siddiamber Bazar, Hyderabad, Andhra Pradesh, Pin 500012. | UTIB0001458 | 500211040 | (040) 24735001/ 2/ 3 (040) 24735004 |