Axis Bank Car Loan in Lucknow

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

About Axis Bank Car Loan Lucknow

Lucknow, the city of Nawab, is a dream destination for those wanting to taste the delicious kababs and Biryanis. The magnanimous sightseeing experience of Bhool Bhulaiya to Gomti River makes Lucknow is an ideal place for people to chill around. But Lucknow is not only about the travel phobia, it also has a massive segment looking to avail the banking services for their day-to-day financial needs. The city of Lucknow is full of small, mid and large-size banks at your service. Axis Bank is also one of them which is involved in offering the best-in-class services with regards to both deposits and loans in Lucknow, where it owns around 15 branches out of its over 3,000 branches across the country. The bank representatives at the branches patiently hear to your query and suggest a plausible financial solution. Their ability to understand your needs and the products that can fulfill the same is impressive.

Driving a car on the smooth roads of Lucknow could well be the wish you would like to fulfill soon. Keeping this in mind, Axis Bank has designed its car loans for almost every segment of the population in Lucknow. Customers can apply for a car loan to buy either a new or used vehicle. The bank’s car loan offer is up for grabs by both salaried and self-employed. What draws the customers towards the bank to approach for a car loan is its attractive interest rates combined with easy processing and accessibility. The bank displays transparency while following the code of conduct with respect to a car loan in Lucknow. The car loan is disbursed after the bank is convinced with the certain eligibility criteria set. Also, the documentation process is simple, making it all the attractive for the customers to snap a car loan deal with Axis Bank in your city Lucknow.

Axis Bank Car Loan Lucknow at a Glance

Eligibility Criteria

For the car loan application to be approved by Axis Bank in Lucknow? You need to be in line with the pointers below.

• 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

Craving for additional information? Visit Car Loan Lucknow

Axis Bank Car Loan Lucknow Branches