|INTEREST RATE||9% - 11.50%|
|LOAN TENURE||Max. 84 EMI|
|PROCESSING FEE||As decided by the bank from time to time|
|PRE CLOSURE CHARGES||As decided by the bank from time to time|
Axis Bank is a private sector bank in india with total assets 7475 crore. It has headquarter in Mumbai. Axis Bank was founded on 1994. It has 2589 branches and total assets 747512922 ATMs across India. It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, home loans, personal loan, car loan, education loan, gold loan, PPF account, lockers, netbanking, mobile banking, RTGS, NEFT, IMPS, E-Wallet, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.
Find details about Axis Bank which includes Axis Bank Official Website, Axis Bank ATMs accross the India, Axis Bank Branches accross the India, Axis Bank Contact Numbers, Axis Bank official EmailID, Axis Bank Headquarter and Axis Bank Headquarter Address. Find Axis Bank Car loan purpos, Eligibility, Margin, Repayment of Car Loan ,Security, Documents Required for Car Loan from below.
(1) Make Proper Schedule for EMIs to be paid
You must make a proper schedule for payment of your EMIs in time and without any hassle or burden.
(2) Never Skip any Payment
Automatic transfer from your bank account is the best option that will make sure that the EMIs are paid every month without fail. In this way, none of the EMIs will skip. This will also help improving your credit score.
(3) Keep Loan Tenure Small
You must keep the car loan tenure as small as possible if your finances permit. It will be beneficial for you in two ways. First, you will get rid of loan in an early manner and second, your interest outgo will be very less as compared to longer tenure car loans.
(4) Make one Extra Payment Every Year
You must try to make an extra payment of loan amount each year. You can do so when you receive any funds like bonus etc. It will reduce your loan tenure or EMIs.
(5) Refinance your Car Loan
You must keep watching other institutions who are offering car loans and their interest rates. If other institution is offering you a car loan at lower interest rate, it would be beneficial to get your car loan refinanced from that institution.
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2019 April 01 is a bank holiday in Andaman And Nicobar Island due to Annual Closing Of Bank Accounts.
2019 April 01 is a bank holiday in Bihar due to Yearly Closing Of Bank Accounts.
2019 April 01 is a bank holiday in Daman And Diu due to Annual Closing Of Bank Account.
2019 April 01 is a bank holiday in Goa due to Yearly Closing Of Bank Account.
2019 April 05 is a bank holiday in Andhra Pradesh due to Babu Jagjivan Ram's Birthday.
2019 April 06 is a bank holiday in Goa due to Gudi Padava.