Axis Bank Car Loan in Jammu

About Axis Bank Car Loan Jammu

It’s been a journey full of changes from the management to the services as far as Axis Bank is concerned in a space of 23 years since making its debut in 1994. It was the time when the PSU powerhouses like Unit Trust of India, Life Insurance Corporation (LIC), National Insurance Company Ltd., National Insurance Company Ltd., General Insurance Corporation (GIC) and few more combined together to form Axis Bank. But as the time went along, the ownership pattern changed and now, it is the mutual fund institutions, corporate investors, foreign institutional investors (FIIs) and few individuals who together own a majority stake of almost 70% in the bank. While the remaining 30% is owned by Oriental Insurance Company Ltd., New India Assurance Company Ltd., and United India Insurance Company Ltd.

The bank richly deserves its current status of the third large private lender in India due to its increasing finesse to develop unique products matching the requirements of the massive population. Not only the top corporates and the salaried but even the NRI and small enterprises are empowering their financial journey on the back of innovative products offered by Axis bank. Of the products available, you would like to see the car loan of the bank. The attractive interest rates, seamless processing, and simple documentation are some of the factors that have powered Axis Bank to strengthen its base in India’s car loan market. One more factor that helped the bank to grow its car loan customer base is its massive presence that can be depicted from a layout of 3,000 branches and 13,000 ATMs across the country.

Jammu, a location in the state of Jammu & Kashmir, does have the branches of Axis Bank. These branches have a suitable car loan to offer you in Jammu. The attractive car loan is set to make your driving experience in the hilly areas of Jammu a pleasant one.

Axis Bank Car Loan Jammu 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

Get all your concerns regarding the eligibility norms of Axis Bank Car Loan in Jammu over with the below points.

  • 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

Want more information? Visit Car Loan Jammu

Axis Bank Car Loan Jammu Branches

Branch NameComplete AddressIFSCMICRCustomer Care
JammuHighland Tower, Railhead Road Complex Bahu Plaza , Gandhi Nagar, 180004UTIB00001471802110020191-2474 531/ 2
G S Marg, JammuBasemnent & Ground Floor, Khewat No. 118, Khasra No. 325, Gulab Singh Marg, Near Dogra Chowk, Jammu , Jammu & Kashmir, Pin 180001UTIB00010111802110030191) 2520505 /2520229/ 237/ 262
SrinagarGround & First Floor, Sara Plaza , 1 - Indira Gandhi Road Exhibition Crossing, Srinagar , Jammu & Kashmir 190002UTIB00010131902110020194 - 2484285/ 86/ 87
UdhampurLower Ground Floor, Khasra No. 543/269/214/84 Min., Ward No.5, Dhar Road, Barrian, Udhampur, Jammu & Kashmir, Pin 182101UTIB0001573182211001(01992) 275286/ 278286 , (01992) 277286
Leh, LadakhTsaskan Complex, Opp. District Library, Leh Ladakh, J& K-194101UTIB0001611194211001
AnantnagGround Floor, Oxford Complex, Khasra No.25& 4376 Min., Municipal No.08, Near General Bus Stand, K.P.Road, Anantnag, J& K 192101UTIB0001777192211001
BaramullaAxis Bank Ltd., Ground Floor, Khasra No. 2731/2732/65/63 And New Khasra No. 158 And 159, District : Baramulla, Jammu & Kashmir - 193101UTIB00019681932110010194-2484285, 9796610132
KupwaraAxis Bank Ltd., Ground Floor, Khasra No. 24, Khewat No. 62, Tehsil & District : Kupwara, Jammu & Kashmir - 193222UTIB00019691932112010194-2484285, 9796610132
ArahamaAxis Bank Ltd., Ground Floor, Khasra No. 703/379, Khewat No. 72, Khata No. 255, Arahama - 192303, District : Shopian, Jammu & KashmirUTIB00019931922112010194-2484285, 9796610132
SoporeAxis Bank Ltd., Ground Floor And First Floor, Khasra No. 1, Khewat No. 76, Khata No. 176, Plot No. 103, Sopore - 193201 District Baramulla, J & KUTIB00019941932111010194-2484285, 9796610132
KathuaAxis Bank Ltd., Ground Floor, Khasra No. 300, Khata No. 1483, Khewat No. 478, Shaheedi Chowk, Kathua, Jammu & Kashmir - 184101UTIB00021501842110019796601472
ChwadiGround Floor, Ground Floor, Khasra No. 887 Min, Khata No. 428 Min, Khewat No. 26, Village : Chwadi, Tehsil & District : Jammu - 180011UTIB00023591802110059906635048
Chak Pouni WandGround Floor, Khasra No. 735 Min, Khata No. 189 Min, Khewat No. 90, Village : Chak Pouni Wand (Brahmana) District : Jammu - 180002UTIB00023751802110079906635048
BunigamGround Floor, Khasra No. 367/62, Khanabal Qazigund Road, Village : Bunigam, Tehsil & Dist : Kulgam, Jammu & Kashmir, Pin 192221UTIB0002377192211301
Larik PoraGround Floor, Khewat No. 394, Khasra No. 01, Village : Larik Pora, Tehsil : Awantipora, District : Pulwama, Jammu & Kashmir , Pin 192122UTIB0002378192211101
GadigarhGround Floor, Khasra No. 560 Min, Khata No. 188, Khewat No. 2 Min, Village : Gadigarh, Tehsil And Dist: Jammu, Jammu & Kashmir, Pin 181101UTIB00023921802110049796479757
SunjwanGround Floor, Khasra No. 2201 Min, Khata No. 632, Khewat No. 82, Village : Sunjwan, District : Jammu, Jammu & Kashmir, Pin 181101UTIB00023931802110069796603318
SonagamGround Floor, Khewat No. 52, Khata No. 366, Khasra No. 894, Village : Sonagam, Tehsil & Dist :Bandipora, Jammu & Kashmir, Pin 193502UTIB00024051932114019796610133
Srianagar Fruit MandiGround & First Floor, Khasra No.1135/761/367/74, Fruit Mandi Complex, Parimpora Srinagar, Dist.Srinagar, Jammu & Kashmir, Pin 190017UTIB00024151902110039796518810
DharmalGround Floor, Khasra No. 211, Khewat No. 95, Khata No. 476, Village : Dharmal, Tehsil & Dist : Jammu, Jammu & Kashmir, Pin 181205UTIB0002423180211194
GhagourGround Floor, Khasra No. 15, Khewat No. 11, Khata No. 16, Village : Ghagour, Tehsil & Dist: Samba, Jammu & Kashmir, Pin 184120UTIB0002425184211195
Mean CharkahGround Floor, Khasra No. 514 Min, Khewat No. 21 Min, Khata No. 135 Min, Village : Mean Charkah, Tehsil & , District : Samba, Jammu & Kashmir, Pin 181133UTIB0002440180211012
Srinagar Brari NumbleGround Floor, Khasra No. 1287, 1288, 1828/1749/1286 Min, Khewat No. 8, Khata No. 17, Munawarabad Ma Link Road, Brari Numble, Srinagar, Kashmir - 190010UTIB00024801902110049906635048
The Jammu And Kashmir State Cooperative BankAthwas Gahh Near Silk Factory Rajbagh, Srinagar, Pin - 190001UTIB0SJKCB11906540022311121
TaroreGround Floor, Khasra No.757 Min, Khata No.119, Khewat No.15, Village Tarore, Pin - 181133UTIB00024241802110089906072720
MandaGround Floor, Khasra No. 685 Min/198, Khata No. 744, Khewat No. 154, Village Manda, Tehsil Akhnoor, District Jammu- 181201, Jammu & KashmirUTIB0002434

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