Axis Bank Car Loan in New Delhi

About Axis Bank Car Loan New Delhi

New Delhi and you dash off to the shops offering you ‘Dahi Walle’ and many more delicacies. Coming to the city and the vibrancy gets exuded from the popular forts like Lal Quila, Qutub Minar, etc. Being the capital of the country, New Delhi attracts a lot of travellers to witness picturesque sights as well as the immigrants from different states to earn their livelihood. Both government and corporate offices are spread across the city’s landscape and so as the coverage of banks here.

While searching the banks, you could find the branches of Axis Bank along the busy streets of New Delhi. It is the third largest private sector bank, whose 70% equity rests with the mutual fund institutions, Foreign Institutional Investors (FIIs), corporate & individual investors. The remaining 30% is being held by PSU giants like Oriental Insurance Company Ltd., New India Assurance Company Ltd., and United India Insurance Company Ltd.

The New Delhi branches have specific representatives for different departments of the bank, helping it to take on board the new clients while retaining the old ones at the same time. One of the many products offered by the bank is your favourite car loan offer, which you can avail for both new and used cars. The affordable interest rates backed up with seamless processing and easy documentation make the 1994-founded Axis Bank an ideal option for your car loan journey. The tenure offered by the bank on its car loan is long enough to repay the credit. The eligibility norms are also simple to meet. The bank keeps car loan option open for all as both salaried and self-employed can walk all the way with their application to the branches or even go online for the very purpose.

Axis Bank Car Loan New Delhi 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

Your car loan approval by Axis Bank in New Delhi is contingent upon the following factors-

  • 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 New Delhi

Axis Bank Car Loan New Delhi Branches

Branch NameComplete AddressIFSCMICRCustomer Care
New DelhiStatesman House, 148, Barakhamba Road, 110001UTIB0000007110211002011-2331 1051 / 052 / 06
Green ParkK - 12, Green Park Main New Delhi, 110016UTIB0000015110211003011-4658 3000
PitampuraPlot No.6, Local Shopping Centre, Dp Block, Pitampura, 110088UTIB0000040110211006011-27312069-27312615
Greater KailashE - 64 Greater Kailash - I, 110048UTIB0000049110211007011-29231800
Shakti NagarPlot No.1, Amar Bhavan, 11433 G.T. Karnal Road, Shakti Nagar, 110007UTIB0000054110211009011-2384 3389/ 3440
Swasthya Vihar - New DelhiA - 13, Swasthya Vihar, Vikas Marg, 110092UTIB0000055110211010011-22014245/22014246/22014247
Rajouri GardenA - 11 Vishal Enclave. Opp. Rajouri Garden, 110027UTIB0000066110211011011-25163114/3831
VikaspuriJ - 3 Vikaspuri New Delhi , 110018UTIB0000079110211012011-2854 2404/ 2393
Paschim ViharB - 2/11, Paschim Vihar Delhi, 110063UTIB0000096110211013011- 25288500 /25284801/ 03/ 05
New Delhi ServiceGate No. 4, 1St Floor Jeevan Tara Building, Parliament Street, 110001UTIB0000117110211001
Vasant KunjPlot No 2, Centre For Social Research Bdg Nelson Mandela Rd, Vasant Kunj, 110070UTIB0000119110211015011-26133474/742
Khan MarketShop 2A & 2B , Khan Market New Delhi, 110003UTIB0000120110211016011-24699370
Lajpat NagarB - 6, Lajpat Nagar - Ii, 110024UTIB0000126110211017011-29814883
PalamWz - 24 A , Palam Village, 110045UTIB0000132110211018011-25073852/53
North Zonal Office - NZO5Th Floor, Ashoka Estate, Barakhamba Road, New Delhi 110001UTIB0000143110211999(011) 41515446/7/8
SaketE - 146, Saket, 110017UTIB0000160110211020011-41664261 -63
Krishna NagarF - 2/25, Krishna Nagar East Delhi, 110051UTIB0000166110211021011 - 2209 2077, 2209 2074
Malviya NagarD - 81, Malviya Nagar, 110017UTIB0000206110211024011-4183 1434 / 0612
JanakpuriC - 3 / 21, Janakpuri, 110058UTIB0000207110211023011-51587428-29/51576508
Ashok ViharC - 3, Ashok Vihar Phase - I, 110052UTIB0000208110211022011-27441718/27441719/27441721
Karol Bagh6/83, Padam Singh Rd, Western Extn Area Karol Bagh, West Delhi, 110005UTIB0000223110211025011-45400733/41451988/1175
Rajinder Nagar78, Old Rajinder Nagar Market Old Rajinder Nagar, West Delhi, 110006UTIB0000224110211026011-25869895 /6 /7
Kirti NagarF - 43 Kirti Nagar, 110015UTIB0000250110211027011-2515 4900 / 2543 2263 / 64
Chandni Chowk230B, 231, 232 & 230A, Coronation Hotel Building, Chandni Chowk, 110006UTIB0000254110211028011-23994276/77/78
Shalimar BaghAm - 196, Shalimar Bagh, 110088UTIB0000263110211029011-2747 7881/ 2/ 9
Greater Kailash - IIS - 266, Greater Kailash II, 110048UTIB0000268110211030
DwarkaShop No.G03, G04, G05, G06 & 1St Flr, Hl Arcade Sector 5 (Mlu) Plot No. 14, Dwarka, 110075UTIB0000278110211031011-2808 3289/90/91
Daryaganj18, Netaji Subhash Marg, Darya Ganj, 110002UTIB0000279110211032011-4156 3489/ 90/ 91
Mayur Vihar, New DelhiPlot No. 22 , Lsc, Mayur Vihar, Phase Ii, 110091UTIB0000296110211033011-2277 5427/ 2277 5472 /2277 5492
Defence ColonyB - 81 , Defence Colony, 110024UTIB0000357110211036011-4155 6453/68/69011-4155 6452
NazafgarhKhasra No. 24/17/2 And 24/17/3, Municipal No.1643, Main Rd, Najafgarh, 110043UTIB0000360110211037011-2801 1891/92/93011-2801 1895
RohiniPlot No. - 5, Vikas Surya Plaza, Community Centre Dc Chowk, Sector - 9, Rohini, 110085UTIB0000371110211038011-2755 5537/ 38/ 39011-2756 4000
KarkardoomaPlot No. - 4, Aditya Corporate Plaza Community Centre, Karkardooma, 110092UTIB0000372110211039011-2237 5652/2237 5654/ 2237 5655011-2237 5653
Model TownG - 06, Model Town - Iii, Delhi, 110009UTIB0000392110211040011-4215 4004/ 05/ 06
Chittaranjan ParkLic Of India, Dewas Chittaranjan Park, 110019UTIB0000430110211044011-26271805/ 26271806

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