Axis Bank Car Loan in Kochi

Last Updated : Jan. 11, 2019, 5:51 p.m.

About Axis Bank Car Loan Kochi

It’s always good to trust the most trusted. And it applies in the case of choosing a bank as well. As far as the trust factor is concerned, Axis Bank sits among the most preferred banks to associate with in India. Formed in 1994 on the back of top-notch promoters like Unit Trust of India, National Insurance Company Ltd., Life Insurance Corporation (LIC), General Insurance Corporation (GIC) and few more, Axis Bank has moved along smoothly in its more than 2 decades of stay in an intensely competitive banking space. The stakeholding pattern has undergone a change but the penchant to serve the people through the power of its innovative financial products has remained intact. The result has been productive with the bank enlisting new customers year-on-year, in addition to retaining the existing clientele base.

One such product that the bank looks to constantly redefine to suit the taste of varied customers is its car loan offer, which is available for the purchase of both new and used vehicles. Almost every segment of the car is offered by the bank to the customers with varied levels of income. So, all you looking for a suitable loan to buy a car of your choice, Axis Bank is what you should look upon to find the key to your dream car.

The car loan offers of Axis Bank can be availed all across India as it has branches totaling to more than 3,000. With such an extensive presence, the bank enjoys an enormous brand visibility to attract the customers towards it to realize their dream car. The branches are evenly spread across the country, covering cities and towns.

Kochi is also a city where you can obtain a car loan from Axis Bank. The people of Kochi can avail a maximum amount of car loan at attractive interest rates. They can also enjoy seamless processing, simple documentation and flexible repayment among other attractive features of Axis Bank Car Loan in Kochi.

Axis Bank Car Loan Kochi at a Glance

Eligibility Criteria

Unaware of the eligibility criteria regarding Axis Bank Car Loan in Kochi? The below points would resolve your query.

• 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 Kochi

Axis Bank Car Loan Kochi Branches