Axis Bank Car Loan in Kochi

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

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

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

     
Branch NameComplete AddressIFSCMICRCustomer Care
Kochi41/419, Ground Floor Chicago Plaza, Rajaji Road, Ernakulam, 682035 UTIB00000816822110020484-4411006/2/3/4/8/44
Willingdon IslandNo. 24/1352, Bristow Road, Willingdon Island, Kochi 682003UTIB00005626822110040484-266 9947/ 9948
Palarivattom, KeralaPukalakkat City Centre & Sivadas Tower Near Alapatt Regency, M.K.K. Nair Road Palarivattom, Kochi 682025 Dist. Ernakulam, KeralaUTIB0000691682211005
Vytilla, KochiKasmisons Estate, Janatha Junction, Vytilla Kochi, Dist. Ernakulam Kerala, Pin 682019UTIB00008276822110060484-4433000/ 01/ 02
ThrikkakaraX / 110 - E 1, Valiyakulangara Buildings, Opposite C.S.E.Z., Seaport - Airport Road, Kakkanad, Kochi - 682 037.Kerala StateUTIB00011616822110080484 4433775 / 776 / 777 / 778 / 0484-2424779
Ravipuram, KochiDoor No.39/4609, Ground Floor, Oxford Business Centre, Off. M G Road, Srikandath Road, Ravipuram, Kochi - 682 016, District - Ernakulam, State - Kerala.UTIB0001459682211009097475 41455
Panampilly Nagar, KochiNo. 27 / 704, A/A1/B/B1, G - 282, Panampilly Nagar, Main Avenue, Kochi - 682 036. Dist. Ernakulam, State - KeralaUTIB0001499682211010098952 13609 0
Service Branch, KochiV Floor, Chicago Plaza, Kochi - 682 035. Dist - Ernakulam. State - KeralaUTIB00015096822110010484 - 44110148 / 4411019 / 4411021 0
KalamasseryR.S. No.505/3, Pathadi Palam, South Kalamassery, Kochi - 682033 Ernakulam , Kerala.UTIB0001647682211011
Kaloor, KochiDoor No. 36/2692 - F, Shamna Towers, K K Road, Kaloor, Kochi - 682 017 District : Ernakulam State : KeralaUTIB00019046822110120484 - 2343438
VennalaNedumkallel Estate 33 144 A Civil Lane Road Edappally Post Kochi Ernakulam Pin 682024UTIB00027486822110148589027481
ThevaraSurvey No10832 10092 Pandit Karuppan Rd Thevara Kochi Pin 628013UTIB00029916862110159447806000

 

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