Loan

Apr 28 2017

Car Loan Eligibility Criteria #what #is #a #student #loan

#loan eligibility calculator
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Get your Car Loan

Eligibility: All Priority/Wealth/Privee customers with a vintage of 6 months

And

A minimum Average Quarterly Balance as below:

  • An AQB of Rs. 1 Lakh for last 2 completed quarters. AQB requirement to be meeting for both the quarters

Maximum loan amount restricted to 3 times the AQB in the last 2 quarters

Scheme for Salary Customers

All customers having their Salary A/c with Axis Bank since the past 3 months and working with the following organisation are eligible for this product.

Eligibility

  • Public Limited & Private Limited Companies
  • MNCs
  • Permanent employees of State / Central Government
  • Permanent employees of Public Sector Undertakings
  • Permanent employees of reputed schools / colleges

Parameters

  • Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity: 70 years
  • Income: Minimum Net Annual Salary of Rs. 2.40 Lac p.a.
  • Income eligibility: As per latest salary slip and Form 16
  • Employment: Minimum 1 yrs of continuous employment

Car Loan Eligibility Calculator

Axis Bank has made it easy for customers to quickly check out their Car Loan eligibility. Our Car Loan eligibility calculator helps you to find out whether you can avail of auto finance. Click here to find out.


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