Axis Bank Car Loan 2025 offers competitive interest rates, quick approvals, and easy online application options for buyers of both new and used cars. Explore flexible tenures, 100% financing, and attractive offers tailored to your vehicle loan needs.
If you’re planning to buy a car in 2025 and need financing, Axis Bank Car Loan 2025 provides one of the most accessible, feature-rich, and trustworthy solutions in the Indian auto finance space. With dedicated offerings for salaried, self-employed, and even agricultural professionals, Axis Bank simplifies the borrowing process with minimal documentation and speedy disbursals. In a year when interest rates are stabilizing and EV adoption is accelerating, Axis Bank car loans are designed to meet your financial goals without burdening your cash flow.
This in-depth guide explains everything you need to know about Axis Bank Car Loan 2025, including interest rates, EMI breakdowns, documentation requirements, eligibility, and how to apply online or offline. You’ll also find EMI examples, pros and cons, frequently asked questions, and expert insights that align with Google search intent and AI Overview criteria. Whether you’re purchasing a hatchback, SUV, or electric vehicle, this guide will help you make a confident and informed financing decision.
Overview – Axis Bank Car Loan 2025
| Feature / Details | Information |
| Bank Name | Axis Bank (Private Sector) |
| Loan Category | Car Loan (New / Used / EV) |
| Target Year | 2025 |
| Interest Rate | Starting from 8.70% p.a. |
| Max Funding (LTV) | Up to 100% (On-Road Price) |
| Max Tenure | Up to 84 Months (7 Years) |
| EV Offer | Special Rate (7.99%) + Green Loan |
| Processing Fee | ₹3,500 – ₹5,500 (+ GST) |
| Official Website | axisbank.com |
Key Features of Axis Bank Car Loan 2025
Axis Bank Car Loan 2025 is structured to meet the modern borrower’s expectations in terms of affordability, speed, and flexibility. Whether you’re buying a petrol, diesel, or electric vehicle, the bank offers highly competitive features, including:
Loan Amount: Up to 100% of on-road price (new cars); up to 90% of vehicle value (used cars)
Tenure: 1 to 7 years for new cars; up to 5 years for used cars
Interest Rate: Starting at 8.70% p.a.*
Processing Fee: ₹3,500 to ₹5,500 (depending on vehicle and borrower profile)
Loan Disbursal Time: As quick as 48 hours for eligible applicants
Loan Type: Secured (vehicle is hypothecated)
No Income Proof Option: For select pre-approved customers
Special Schemes: For EVs, agriculture professionals, and Axis salary account holders
*Interest rates are subject to change based on RBI policy updates and Axis Bank’s credit norms.
Axis Bank Car Loan Interest Rates 2025
Axis Bank offers dynamic interest rates based on multiple borrower-specific criteria such as income, credit profile, loan tenure, and vehicle type (new/used/EV).
Standard Rates (New Car Loan)
| Credit Score Range | Interest Rate (p.a.) |
|---|---|
| 750+ | 8.70% – 9.20% |
| 700–749 | 9.25% – 10.25% |
| 650–699 | 10.50% – 11.75% |
| Below 650 | Not eligible |
Used Car Loan Rates
Interest Rate: 13.50% – 16.00% p.a.
Tenure: Max 5 years
Vehicles must be less than 10 years old at loan maturity
Tip: A higher credit score gets you not just lower rates but faster processing and lower documentation needs.
Axis Bank EV Car Loan 2025 (Green Loan)
To support India’s electric vehicle revolution, Axis Bank Car Loan 2025 includes an exclusive Green Vehicle Finance Program:
Interest Rate: Starting 7.99% p.a.
Tenure: Up to 8 years
Margin Money: As low as 5%
Eligible Vehicles: 4-wheeler EVs certified by FAME-II scheme
Subsidies: Integrated with Central Government EV incentives
These loans are offered at reduced interest under Axis Bank’s ESG-aligned credit products.
Eligibility Criteria for Axis Bank Car Loan 2025
Axis Bank maintains flexible but structured eligibility norms.
Salaried Individuals
Age: 21 to 60 years
Minimum Monthly Income: ₹15,000
Employment: At least 1 year total, 6 months in current job
CIBIL Score: 700+
Self-Employed Individuals
Age: 21 to 65 years
Business Vintage: Minimum 2 years
Annual Income: Minimum ₹2 lakh
CIBIL Score: 700+
Agriculturists / Professionals
Acceptable with income proof or based on landholding pattern
Loans available for tractors and small commercial vehicles under a separate scheme
Documents Required for Axis Bank Car Loan in 2025
Below is a categorized list of documents you’ll need:
KYC Documents (Any One for Each):
Identity Proof: Aadhaar Card, PAN Card, Passport, Voter ID
Address Proof: Aadhaar, Driving License, Utility Bill
Income Documents:
1. For Salaried
Last 3 months’ salary slips
Last 6 months’ bank statements
Form 16 (optional)
2. For Self-employed
ITR (last 2 years)
Bank statement (last 6 months)
GST registration or business license
Vehicle Documents:
Proforma Invoice from dealer
Insurance quote (optional)
Some pre-approved customers may not require income documents or physical KYC.
Axis Bank Car Loan Processing Fees & Charges
| Fee Type | Amount / Rate |
|---|---|
| Processing Fee | ₹3,500–₹5,500 (plus GST) |
| Documentation Charges | ₹500–₹750 |
| Late EMI Payment Charges | 2% per month on overdue EMI |
| Foreclosure Charges | 5% after 12 months (0% for floating rate) |
| Part-Payment Charges | Not allowed in the first 12 months |
| Cheque Bounce Penalty | ₹500 per instance |
| Duplicate NOC | ₹250 |
Fees may differ slightly for used car or EV loans. Always verify latest charges via the official Axis Bank website.
How to Apply for Axis Bank Car Loan 2025 Online
Axis Bank Car Loan 2025 offers a 100% digital application process via desktop and mobile platforms.
Step-by-Step Online Application:
Visit Axis Bank’s Car Loan Page
Click ‘Apply Now’
Enter your mobile number and validate via OTP
Fill in personal details (name, address, PAN)
Choose car model and loan amount
Upload necessary documents
Preview EMI and tenure options
Accept offer, complete eSign (Aadhaar eKYC)
Get sanction letter + disbursal within 24–72 hours
You can also check for pre-approved loan offers via the Axis Mobile App or Internet Banking portal.
Offline Application Process (Branch Visit)
Prefer physical documentation? You can walk into any Axis Bank branch:
Collect and fill out a physical loan application form
Attach photocopies of required documents
Submit form along with quotation or invoice
Verification takes 2–3 working days
Post-approval, funds are directly disbursed to car dealer
Axis Bank Car Loan EMI Calculator 2025
Use the EMI calculator to plan your budget before applying. Here’s an illustrative table:
| Loan Amount | Tenure | Interest Rate | EMI (Approx) |
|---|---|---|---|
| ₹5 lakh | 5 yrs | 9.00% p.a. | ₹10,377 |
| ₹8 lakh | 7 yrs | 8.70% p.a. | ₹12,927 |
| ₹10 lakh | 4 yrs | 8.90% p.a. | ₹24,839 |
Foreclosure, Prepayment & Balance Transfer Options
Axis Bank offers structured repayment and pre-closure options to give borrowers financial control.
Foreclosure Policy
Allowed only after 12 EMIs are paid
Foreclosure Fee: 5% of the outstanding principal
For floating-rate car loans: 0% foreclosure charge (as per RBI norms)
Must be paid via cheque, DD, or Axis Bank account transfer
Part-Payment
Not permitted within the first year
After 12 months: Up to 25% of outstanding principal can be paid once per year
Charges: 2% of part-payment amount
Balance Transfer
Switch your existing car loan from another bank to Axis Bank for:
Lower interest rates (from 8.70% p.a.)
Top-up loan eligibility
Reduced monthly EMI burden
Flexible tenure reset up to 7 years
Benefits of Choosing Axis Bank Car Loan 2025
Financing up to 100% of on-road price (on select models)
Special interest rates for Axis salary account holders
Dedicated EV loan product with government tie-ups
Fast-track approval for pre-approved customers
Optional loan protection insurance (credit shield)
EMI holidays & step-up repayment plans
Instant loan tracking via mobile app
Axis Bank Car Loan for Used Cars
Axis Bank provides loans for certified used vehicles with certain conditions:
Car age at purchase: Max 10 years
Tenure: Max 5 years
Loan-to-value (LTV): 80%–90%
Interest Rate: 13.50% to 16.00% p.a.
Documents required: RC copy, insurance, address transfer proof
Car Loan for Electric Vehicles (EVs)
EV buyers get added perks under Axis Bank’s green car loan initiative:
Longer tenure (up to 96 months)
Special EV models supported: Tata Nexon EV, MG ZS EV, Hyundai Kona, etc.
Integration with FAME-II and state-level subsidies
Minimal down payment, extended repayment flexibility
Axis Bank Car Loan 2025 vs Competitors
| Feature | Axis Bank | HDFC Bank | SBI Car Loan | ICICI Bank |
|---|---|---|---|---|
| Starting Rate | 8.70% p.a. | 8.75% p.a. | 8.75% p.a. | 9.00% p.a. |
| Max Tenure | 7 years | 7 years | 7 years | 7 years |
| Max LTV | Up to 100% | Up to 100% | 90% | 95% |
| EV Loan Option | Available | Not specific | Available | Limited |
| Processing Time | 24–48 hours | 2–4 days | 3–5 days | 2–3 days |
Axis Bank stands out with its green vehicle focus, speed, and loan-to-value coverage.
Pros and Cons of Axis Bank Car Loan 2025
Pros:
Competitive interest rates
Higher LTV coverage (up to 100%)
Digital-first, paperless processing
EV loan subsidies integrated
Minimal documents for pre-approved offers
Cons:
Slightly higher charges for foreclosure
No part-payment allowed in first 12 months
Used car loan interest rates on the higher side
Security & Digital Privacy for Online Applicants
Axis Bank complies with RBI and NPCI norms for digital security:
256-bit SSL encryption
Two-factor OTP verification
Aadhaar e-KYC for secure identity checks
Document upload via secure cloud access
Online tracking without disclosing sensitive data
Your application data is protected under IT Act 2000 and RBI-mandated data protection protocols.
Important Links For Axis Bank Car Loan 2025
| Axis Bank officials website | click here |
| home page | click here |
| Join WhatsApp group | join here |
Authoritative External Links
FAQs on Axis Bank Car Loan 2025
Q1. What is the minimum CIBIL score required for Axis Bank car loan?
A score of 700+ is preferred. Applicants with lower scores may face higher interest rates or rejection.
Q2. Can I get 100% financing on car loan in 2025?
Yes, Axis Bank offers 100% financing on select new car models for eligible applicants.
Q3. How fast can I get loan disbursal after applying?
If your documents are verified, loan can be disbursed within 24–48 hours.
Q4. Is there a special loan for electric vehicles?
Yes, Axis offers Green Car Loan with lower interest and longer tenure.
Q5. Can I repay the loan early without penalty?
Pre-closure is allowed after 12 EMIs. Foreclosure charges apply unless you have a floating rate loan.
Q6. What happens if I miss an EMI?
Late fee of 2% per month applies. Repeated defaults may affect your CIBIL score.
Q7. Can NRIs apply for Axis car loan?
No, currently car loans are available only for Indian residents.
Q8. Can I get a loan without income proof?
Yes, some pre-approved salaried customers with existing Axis accounts may qualify.
Q9. What is the processing fee for Axis car loan?
₹3,500 to ₹5,500 depending on loan amount and borrower profile.
Q10. Can I apply from the Axis Bank mobile app?
Yes, the full loan application, tracking, and EMI management is available on the Axis Mobile App.
Final Thoughts
Axis Bank Car Loan 2025 is one of the most complete vehicle financing options available to Indian borrowers. With digital onboarding, competitive rates, 100% financing, and dedicated green loan support, it ticks every box for salaried and self-employed individuals alike.
If you’re purchasing a vehicle in 2025 – petrol, diesel, or electric – this is a financing route that combines trust, technology, and transparency. Use tools like the EMI calculator and pre-approval checker via Axis Mobile or Internet Banking to make the process even easier.
Apply smart, borrow safely, and let nicgujarat.com help you stay updated on all financial schemes, subsidies, and loan offers.