3. Axis Bank
Interest Rate: 11.00 Percent
Axis bank offers a unique car loan that will take away all your burden and tensions and in turn help you enjoy the pleasure of buying a new car.
The loan is offered from Rs.1, 00, 000 and will be given the tenure of 1 to 5 years to repay the loan.
The bank has come out with attractive car loans for both salaried and self employed individuals.
For the salaried individuals who want to take car loan from this bank has to show the minimum Net Annual Salary of Rs.1.5 Lakh per annum to 2.5 lakhs per annum and should be employed for the minimum period of 2 years to get the loan sanctioned.
People who have Axis bank account from past 3 months are eligible to take loan from the bank.
Also Read: 9 Simple Ways to File Your Income Tax Returns Why India Should Have Women Centric Banks?
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