Axis Bank Car Loan in Patna


About Axis Bank Car Loan Patna

Founded in 1994, Axis Bank was shown the light of the day buoyed by the support from its eminent list of promoters that included Unit Trust of India, National Insurance Company Ltd., General Insurance Corporation (GIC), Life Insurance Corporation (LIC), and few more. But as the years had gone by, the bank saw the change in its stake ratio as around 70% of its holding is with the mutual fund institutions, Foreign Institutional Investors (FIIs), individual and corporate investors. The remaining 30% is owned by Oriental Insurance Company Ltd., United India Insurance Company Ltd., and New India Assurance Company Ltd.

The emerging city of Patna is a nice place to live in and get intrigued by its vibrancy that catches upon at the very moment of your arrival there. The city houses a growing number of young population competing against each other for one job opportunity that can set the platform for an exciting and rewarding life for them to enjoy. Patna does constitute a majority of the employed population of Bihar, being the capital city of Bihar. The employment is largely at the state and central government offices. But with the city emerging as an investment destination, it is calling the private counterparts to come, start their business and take it to a new high. Salaried professionals in the public or private sector are also looking for banks to fulfill their daily financial needs.

Amid all the hustle among banks, there is Axis Bank which stands tall on the back of its innovative products and services that help people realize their dreams which can differ from one individual to another. The long list of branches does make it all the more favourable to avail banking services from Axis Bank in Patna.

You can choose a suitable car loan offer from an exhaustive list of services available in Patna. The car loan offers are attractive with affordable interest rates and flexible repayment options. Know more about Axis Bank Car Loan in Patna below.

Axis Bank Car Loan Patna 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

Get all your concerns regarding the eligibility norms of Axis Bank Car Loan in Patna over with the below points.

  • 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 Patna

Axis Bank Car Loan Patna Branches

Branch NameComplete AddressIFSCMICRCustomer Care
PatnaSaket Towers, S P Verma Road, 800001UTIB00001428002110020612-2206701
Boring RoadUdaiman Apartment Boring Road, Patna, 800001UTIB00003878002110030612-257 3341/42/43/44
RajabazarR. K. Estate, Raja Bazar, Bailey Road , Patna , Bihar , Pin 800014UTIB0001290800211004(0612) 2295617/ 50/ 97/ 66 (0612) 2295665
RajendranagarUpa Complex, 148 - B, Dr. Mahendra Narain Path, Rajendra Nagar, Patna, P.S. Kadam Kuan, Bihar , Pin 800016.UTIB0001377800211005(0612) 2665216/17/ 14/ 2655218 (0612) 2655219
Patna CityHarihar Bhawan Chowk, Ashok Raj Path, Patna City, Patna - 800 008. BiharUTIB00014068002110060612 - 2640120 / 21 / 22 / 24
Ashok Raj PathC/O, Shyam Steel House, Ashok Raj Path, Muradpur, Patna - 800004 (Bihar)UTIB00014838002110070612 - 2300135 / 137 / 142 /147 0612 - 2300113
Barh, PatnaStation Road, P.O. Barh, Dist. Patna 803213UTIB0001785803211102
AnisabadUfo Mall, Anisabad, Near Anisabad Chowraha, Patna, Bihar, Pin 800002UTIB0001664800211008
DanapurGola Road, Ward No. 23, Opp: Ram Janki Mandir, Po. Danapur, Patna, Bihar, Pin 801503UTIB0001776800211009
KankarbaghShow Room No. Sr-01/02, Gr Floor, Sita Usha Square, Kankarbagh Main Square, Patna 80020UTIB00018968002110100612-2355513-14
MadhepuraJeevan Sadan Road , Madhepura-852113UTIB000191285221120206476-223622 , 06476-324222
DarveshpurGround Floor, Beside:Shri Bhagwan Petrol Pump, Po: Beapur, Ps: Maner, Darveshpur, Dist.Patna, Bihar, Pin 801503UTIB00020718002115018877801424
DevkuliDevkuli, Post:Musepur (Via: Bihta)Dist.Patna, Bihar, Pin 801103UTIB00020728002115029504365581
Saguna More BranchNear Anand Vihar Family Resturant, Beside Indian Oil Petrol Pump, Bailey Road Patna, P.S.-Rupaspur Bihar-801503-Rupaspur Bihar-801503UTIB00024358002110119431221432
MokamehGround And First Floor, Main Road, Mokameh, Dist.Patna, Bihar, Pin 803302UTIB000252380321110306132 - 232085
New Bypass RoadLalita Goswami Complex New Bypass Road Near Ram Lakhan Singh Path Patna Bihar 800020UTIB00025798002110129931350627
Pataliputra ColonyGd And First Floor Plot No 136 Opp Site Iit Patna Main Rd Patna Bihar Pin 800013UTIB00026198002110132274510
DighaAparna Complexoppst Michael Schooldigha RoadUTIB00027658002110142272266
Harihar Chamber BranchHarihar Chamber Boring Road PatnaUTIB00028468002110159308285260

 

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