Axis Bank Car Loan in Mumbai

Car Loan Rates EMI 2017 73 views

About Axis Bank Car Loan Mumbai

The dreams enlarge, energy goes up when the Aamchi Mumbai is up for discussion. If you feel the buzz walking in the busy streets of Andheri and Churchgate, you can chill on the Juhu Beach. The city of Mumbai has a wide range of emotions and experiences to feel upon. But staying true to the repute of a financial capital, Mumbai is a home to a large number of corporates that work day and night to stay ahead in the intensely competitive world. The city never sleeps, a line you would have heard many-a-times discussing Mumbai. This can be exhibited from the rocking nightlife and the round-the-clock walk at Gateway of India, one of the most picturesque monuments of India.

There can be many wishes to realize when you land up in Mumbai. The wishes would require you to strike a bonhomie with a bank that can meet your daily financial needs. If you are staying in Mumbai and looking for a bank to get your needs fulfilled, you can think of joining the ship of Axis Bank, the third largest private sector bank with more than 3,000 ATMs and 13,000 branches across the country. Mumbai accounts for about 200 branches that are located at almost every touch point of the city. The people here are availing a myriad of Axis Bank’s loans and deposits to serve their requirements.

Out of the many loans offered by the bank, the car loan is one that can capture your imagination like a duck takes to water. Driving a car into the buzzing streets of Mumbai could well be your way out to say ‘No’ to the physically demanding commuting option of the local trains. If you think Axis Bank car loan is only for those who want the new cars to make its way to their parking lot, you are in a myth. Even the used cars are financed by the bank. Both new and used cars can be availed at attractive interest rates from Axis Bank in Mumbai. Apart from the interest rates, the simple processing and easy documentation enable the bank to win the confidence of the Mumbaikars.

Axis Bank Car Loan Mumbai 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+service tax as applicable (New Cars)

5%-10% of the principal outstanding+service tax as applicable (used cars)

Eligibility Criteria

For the car loan application to be approved by Axis Bank in Mumbai? 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

Want more information? Visit Car Loan Mumbai

Axis Bank Car Loan Mumbai Branches

Branch NameComplete AddressIFSCMICRCustomer Care
Mumbai BranchUniversal Insurance Building, Ground Floor Sir P M Road, Fort, Maharashtra, 400001UTIB0000004400211002022-6610 7336/ 7366/ 7364/ 7365 / 7202/ 7203
Borivali (West)Nandnandan Bhavan , Sodawala Lane, Borivali (West), 400092 UTIB0000018400211003022- 67890600
AndheriRoyal Accord Iv, Main Road Lokhandwala Complex, Andheri (West), 400053UTIB0000020400211006022-6604 4747
BandraMangal Mahal Turner Road, Bandra (West), 400050UTIB0000028400211007022-26412960
GhatkoparOF R.B.MEHTA MARG AND VALLABH BAUG LANE, GHATKOPAR (EAST), 400077UTIB0000029400211008022-61712626
Worli264 - 265, Vaswani Chambers Dr.Annie Besant Road, Worli, 400025UTIB0000060400211010022- 61586900
MaladSonimur Apartments, Timber Estate S V Road, Malad, 400064UTIB0000062400211011022-2806 1024/ 1026
ChemburPlot No:229, Sandu Garden, 10Th Road Chembur, 400071UTIB0000063400211012022-2527 5077/5078
Vile Parle - (West) - MumbaiMeghna, Plot No 11, 10Th Road J V P D Scheme, Vile Parle (West), 400049UTIB0000064400211014 022-26705852/ 5791/ 5093
VashiVardhaman Chambers Co - Op - So Plot No 84, Sector 17, Vashi, 400705UTIB0000072400211015022-66299800/27660134/27669392
Service BR MumbaiJanmabhoomi Bhavan, Janmabhoomi Marg Fort Mumbai, 400001UTIB0000092400211001
Treasury11Th Floor, Maker Tower - F Cuffe Parade, 400005UTIB0000099400211099
MulundKonark Darshan, New Survey 1000, Cts No.1195, Zaver Road, Mulund(W), 400080UTIB0000108400211016022-25605072/73
Dadar (Mumbai)Kohinoor Building Opp Dadar Central Railway Station, Kohinoor Road, Dadar(E)400014UTIB0000124400211017022-24171479/80/81
Dombivli (Mumbai)Patkar Building , Station Road Opp Bus Stand, Dombivli(E), 421201UTIB00001254002110180251-280 0671
West Zonal Office - WZO3Rd Floor, Rna Corporate Park Near Chetna College, B/H Collector’ S Office, Kalanagar, Bandra (East), Mumbai 400051 , MaharashtraUTIB0000145400211998(022) 66684392, 66684396, 66684397, 66684398,
Napean Sea RoadMonolith Building 7 Napean Sea Road, 400036UTIB0000149400211019022-23698825-28
Nariman Point, MumbaiGround Floor, Atlanta Nariman Point, 400021UTIB0000173400211020022-2283 4296/ 4308/ 5639 0936/ 0937
Vile Parle - East (Mumbai)Matharu Arcade, Ground Floor, Plot: 32 Subhash Road, Vile Parle (East), 400057UTIB0000183400211021022-2684 9561 / 62
Khar - West (Mumbai)Matru Smriti, Plot No.326, Main Linking Road, Khar (West), 400052UTIB0000186400211022022-26007698 / 26007754
Kandivali - West (Mumbai)Shop.8 - 12, Raj Arcade Chs Ltd, 90Ft Road Mahavir Nagar, Kandivali (West), 400067UTIB0000201400211023022-2806 7080/ 90
Goregaon Link Road (Mumbai)Bldgm, Palm Court Complex, New Link Rd (Goregaon - Malad Link Road), Malad(West), 400064UTIB0000219400211024022-61415400/61415420
Bandra Kurla ComplexFortune 2000, Ground Floor, Bandra - Kurla Complex, Bandra(E), 400051UTIB0000230400211025022 -66437900
New Marine Lines (Mumbai)Court Chambers, 35, Sir Vithaldas Thackersey Marg, New Marine Lines, 400020UTIB0000233400211026022-2200 7705/ 2201 0700
Powai (Mumbai)A/G3, Delphi - A Wing Hiranandani Business Park, Powai, 400076UTIB0000246400211027022- 65089384/ 85
Treasury OperationsCentral Office, 111, Maker Towers, F, Cuffe Parade, Colaba, Mumbai - 400005UTIB0000248
Centralised Collection & Paymt3Rd Floor, A Wing, Bezzola Complex, Sion - Trombay Road, Chembur, 400071UTIB0000274400211999
Crawford Market [Mumbai]Shop No. 1, 2 & 3, Ashoka Shopping Cntr Lokmanya Tilak Marg, Crawford Market, 400001UTIB0000294400211028
Rade Finance Centre (Tfc)6Th Floor, A Wing, Bezzola Complex Sion - Trombay Road, Chembur, 400071UTIB0000308
Manpada [Thane - Maharashtra]Survey No.166/1, A Pt., Chitalsar, Manpada, 400607UTIB00003274002110302539 5500/ 2530 4571 /2530 4572
Andheri (East) , MaharashtraCorporate Centre , Gr Floor , Cts No.271, Andheri Kurla Road, Andheri (East), 400059UTIB0000328400211029022-2822 4255 / 56, 6450 3134, 6671 1462
Shivaji Park [Mumbai]81, Dev Kunj, Veer Savarkar Marg, Shivaji Park, Dadar, 400028UTIB0000341400211031022-2446 4951/ 52 /53 /54
BhandupR.R.Reality, Lal Bahadur Shastri Marg, Bhandup (W), 400078UTIB0000349400211032022-2594 5495/2594 4518/ 2594 3283/ 2594 2828
Goregaon (East)Manish Chambers, Commercial Complex Cts. 87/A, Sonawala Road, Goregaon(East), 400063UTIB0000373400211033022-2686 5431/ 32/ 33/ 36
Borivali (East)Lata Apartments, Kulupwadi Western Express Highway, Borivli (East), 400066UTIB0000384400211035022-2846 5010/ 11/13/14

You May Also Read