You can start the process of applying for an Car Loan in any of the following three ways:

• Online by click here
• In person at any Axis Bank Loan Center. To find the one closest to you, please click here
• By calling our Call Centre. To find the toll-free numbers, click here.

For a complete list of Axis Bank Loan Centres along with their addresses and hours of service, please click here

At Axis Bank, we offer Car Loans from Rs. 1 lakh onwards. Some of the factors we consider when deciding on a loan amount are:

• Your requirement and eligibility
• Your income
• Your repayment capacity
• For more features of Axis Bank Car Loans and details regarding eligibility, please click here

We offer you a flexible tenure ranging from 12 to 84 months*. For more features of Axis Bank Car Loans, please click here.

Axis Bank offers Car Loan for most passenger cars, multi-utility vehicles and sports-utility vehicles that are available in India.

Once we receive a completed application form along with necessary documents like income proof, identity proof, invoice, and so on, the following steps take place:

• Processing/approval of application
• Documentation
• Sanctioning of the loan
• Disbursement of loan

Your vehicle itself is used as collateral and will be hypothecated to Axis Bank for the loan period. Apart from this, no other security or collateral is required.

You cannot enter a transaction with any seller without a 'No Objection Certificate' (NOC) from Axis Bank. The NOC can only be obtained after foreclosure or after you have paid off your loan

Yes, a charge of Rs. 2500 plus taxes would be applicable if you cancel your Car Loan. Apart from this, certain additional charges such as stamp duty charges, interest accumulation, etc. may also be applicable. If you would like to place a cancellation request, our representative will provide you with all the necessary details at your nearest Axis Bank Loan Centre.

To check the schedule of charges associated with transactions, please click here.

You may place request for Statement of Account or Repayment Schedule or Interest Certificate in either of the following ways:

• By calling our Call Centre. To find the toll-free number click here
• Write to us at online : www.axisbank.com/support
• In person at any Axis Bank Loan Centre. To find the one closest to you, please click here

You can repay your Car Loan in any of the following three ways:

Standing Instruction (SI): This method can be used if you have an existing savings, salary, or current account with Axis Bank. You may wish to open a savings account with Axis Bank to use this option. Your EMI amount will be debited automatically at the end of the monthly cycle from the Axis Bank account you specify.

Electronic Clearing Service (ECS): This method can be used if you have a non-Axis Bank account and would like your EMIs to be debited automatically at the end of the monthly cycle from this account.

Post-Dated Cheques (PDCs) : You can submit post-dated EMI cheques from a non-Axis Bank account at your nearest Axis Bank Loan Center. A fresh set of PDCs will have to be submitted in a timely manner. Please note Post Dated Cheques will be collected non-ECS locations only.

We recommend that you opt for either the SI or ECS mode of payment as they are both faster and less prone to error than the use of PDCs.

Before we process a foreclosure, all outstanding dues must be cleared.So we request you to first check for and clear any remaining amount that may be payable towards your Car Loan by requesting a foreclosure statement from your nearest Axis Bank Loan Center.

Once all outstanding dues have been cleared, please submit a foreclosure request at the Loan Center, and we will begin processing your request.

To check the charge applicable for the foreclosure, please click here

Yes, you can make a Part-payment towards your Car Loan at your nearest Axis Bank Loan Center.

For charges applicable on Part-payment, please click here.

Axis Bank offers fixed interest rates, which are among the most attractive Car Loan rates in India today. Our Bank has tied up with all leading manufacturers and authorised dealers. To check the interests rates offered on Car Loans, please click here.

Once your Car Loan has been closed, Axis Bank will provide you the following documents to remove hypothecation from your Registration Certificate:

• No Objection Certificate (NOC) will be given for your Regional Transport Office (RTO) and your Auto Insurance Company.
• No Objection Certificate issued by Axis Bank.
• Original Form 35.

These documents have to be submitted at your local RTO along with a fee for removal of hypothecation.

You may update your mobile number and email address in either of the following ways:

• By contacting our call centre. To find the toll-free numbers, click here
• Write to us at online : www.axisbank.com/support

• Customer call number: 18604195555 / 1865005555
• Apply online
• Visit our Loan centre

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:

• Excess amount greater than (>) EMI: If service request (SR) for part payment is not created/received within 2 days of receipt of funds, the excess funds will be adjusted towards principal outstanding as part payment.
• Excess amount equal to (=) EMI: If service request (SR)/instructions for part payment is not created/received on same day of receipt of funds, excess amount will be refunded back to your operative account.
• Excess amount less than (<) EMI: Excess amount will be kept unappropriated in the loan account for 15 days; post 15 days the excess funds shall be adjusted towards principal outstanding as a part payment.