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Car Loan Eligibility

Make that dream of owning your own car a reality with the Axis Bank Car Loan. Find out about the car loan eligibility criteria required at the time of applying for the car loan below!

Salaried individuals who are eligible for a car loan

  • Minimum 18 years of age
  • Maximum 60 years of age at maturity (conditions apply)
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Self-employed individuals who are eligible for a car loan

  • Minimum 18 years of age
  • Maximum 75 years of age at loan maturity
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Self-employed non-individuals who are eligible for a car loan

  • Minimum net annual business income or ₹3.5 lakhs per annum for selected models and ₹6 lakhs per annum for others
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Priority / Wealth / Privee customers eligible for a car loan

  • Customers with a vintage of 6 months
  • A minimum average quarterly balance (AQB) as below:
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Salary customers eligible for a car loan

  • Customers who have a Salary A/c with Axis Bank since the past 3 months
  • Those who work with the following organisations:
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A Car Loan to zip around the city!

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Car Loan EMI Calculator

1L

1Cr

%
7% 17.5%
Y
1Y7Y

Your EMI*8,653

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*Equated Monthly Installment' (EMI)

Total Amount Payable

1,03,832

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