Check your Axis Bank car loan eligibility. Rate: 8.70 - 12.50% p.a. Max amount: ₹1 Cr.
Axis Bank offers car loan at an interest rate of 8.70 - 12.50% p.a. with a maximum tenure of 7 years. The maximum loan amount is ₹1 Cr with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹3 Lakh | ₹6,184 | ₹71,040 | ₹11,244/mo |
| ₹4 Lakh | ₹8,245 | ₹94,700 | ₹14,991/mo |
| ₹5 Lakh | ₹10,307 | ₹1,18,420 | ₹18,740/mo |
| ₹6 Lakh | ₹12,368 | ₹1,42,080 | ₹22,488/mo |
| ₹7 Lakh | ₹14,429 | ₹1,65,740 | ₹26,235/mo |
| ₹8 Lakh | ₹16,490 | ₹1,89,400 | ₹29,982/mo |
| ₹9 Lakh | ₹18,552 | ₹2,13,120 | ₹33,731/mo |
| ₹10 Lakh | ₹20,613 | ₹2,36,780 | ₹37,479/mo |
Axis Bank Car Loan interest rate ranges from 8.70 - 12.50% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Axis Bank offers a maximum car loan of ₹1 Cr with a tenure of up to 7 years.
The processing fee for Axis Bank Car Loan is 0.50% of loan amount.
Axis Bank Car Loan prepayment policy: 5% of outstanding principal.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.