Balance Transfer and Top Up Car Loan

Are you still deliberating on ways you could own a car? Now get easy funding to buy the car you want with Balance Transfer and Top Up Car Loan. The benefits of Balance Transfer and Top Up Car Loan includes availing high value loans up to 150% of the original loan amount and enjoying a long tenure of up to 5 years.

Features and Benefits

Get High Value Loans

Up to 150% of original loan amount

Use the loan as you wish

You can use the loan to meet any personal* and business* need. T&C apply.

Terms &Conditions

  • The Bank retains the authority to decline any application without providing reasons. It is at the Bank's discretion to evaluate each proposal individually, taking into account the creditworthiness and credentials of each customer
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Disclaimer

For details kindly click here

Check your eligibility

 

Eligibility

Salaried individuals

  • Minimum age: 21 years
  • Maximum age: 60 years at the end of tenure
  • Minimum 1 year in the same organisation

Self employed individuals

  • Minimum age: 21 years.
  • Maximum age: 65 years at the end of tenure
  • Minimum 2 years in the same line of business

General Documents:

  • Application Form
  • Registration Certificate of Vehicle.
  • KYC Documents
Documents Required Individual Cases Non-Individual Cases
SalariedSelf Employed Partnership Firm/ Trust/ Society Private Limited/ Limited Companies
Office / Business ProofNATelephone Bill/ Electricity Bill/ Shop & Establishment act Certificate/ SSI or MSME Registration Certificate/ Sales Tax or VAT Certificate/ Current A/c Statement/ Regd Lease with other Utility BillsNA
Income ProofLatest 2 Salary Slips & Latest Form 161. Latest ITRAudited Balance Sheet/ P&L Account & ITR for latest 2 years
Bank StatementLatest 3 months Bank StatementLatest 3 months Bank Statement
Age ProofPAN / Driving Licence/ Passport/ Birth CertificateNA
Sign Verification ProofPAN / Passport/ Bankers VerificationNA
Employement / Business Continuity ProofCopy of Appointment Letter/ Date of Joining on Salary Slip/ ITR of Form 16/ Work Experience Certificate/ Relieving letterShop & Establishment act Certificate/ SSI or MSME Registration Certificate/ Sales Tax or VAT Certificate/ Current A/c StatemeShop & Establishment act Certificate/ SSI or MSME Registration Certificate/ Sales Tax or VAT Certificate/ Current A/c Stateme
Additional DocumentsNAPAN Cards/ Authority Letter by all partners & Board Resolution for Trust / SocietyList of Directors & Shareholding Patter/ PAN Card/ Board Resolution/ Certificate of Commencement of Business for Ltd. Co.
Digital Era Banner Neo Credit CardNeo Credit Card

Interest Rates

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Balance Transfer and Top Up Car Loan FAQs

Special offers to privileged customers with fast processing and minimum documentation required. The top up loan can be used for any personal* or business* use. T&C Apply.

Axis Bank offers up to 150% of the original loan amount as top up loan.

Any pre-payment/excess amount paid by you to the Bank; shall be appropriated in the loan account basis the below criteria/methodology in the absence of any specific instructions from you:

Most Important Terms & Conditions

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Keep your Application ID starting with Cl or MLP or With Pan Card handy for smooth proccess.

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