Axis Bank Two Wheeler Loan

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About Axis Bank Two Wheeler Loan

Axis Bank Two Wheeler Loan

Even though, you are going through a difficult time pertaining to your finances, you still need a mode of transportation, in order to be on time for your job. If you feel, that you cannot afford an automobile, you can opt for a motorbike. In case, if you can not puchase a bike, you can take advantage of AXIS Bank Two Wheeler Loan, that offers financial support for the purchase of a bike.

Interest Rates and Charges: 17.00%

Features and Benefits of Axis Bank Two Wheeler Loan

  • Loans for salaried and self-employed individuals
  • Attractive interest rates
  • No income proof schemes available
  • Special schemes for Axis Bank Salary and Priority accounts holders
  • Loans available from Rs 20,000 to Rs 70,000
  • Loans tenure from 1 Year to 3 year

Eligibility for Axis Bank Two Wheeler Loan

  • Minimum age: 18 years
  • Maximum age at loan maturity: 65 years
  • Minimum employment:
    • For Salaried: 1 year in current employment and minimum 2 years of employment
    • For Self-Employed: At least 3 years in business
  • Minimum Annual Income: For Salaried Rs 60,000 to Rs 75,000 net annual income / For Self- Employed Rs. 60,000 to Rs. 75,000 p.a.

Documents for Axis Bank Two Wheeler Loan

  • Proof of Identity: Passport copy, PAN Card, Voters ID card, Driving License ( Laminated, Recent, Legible)
  • Income Proof:
    • For Salaried: Latest salary slip with form 16
    • For Self-Employed: Latest ITR
  • Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity
  • Bill / Life Insurance Policy PAN Card
  • Bank Statement: Last 6 months

About Axis

Axis Bank, formerly UTI Bank, was founded in 1994, as an Indian financial services company based in Mumbai. The first branch was initiated in April 1994 in Ahmedabad, by Dr. Manmohan Singh, former Honorable Finance Minister. It operates in major segments like insurance, corporate banking, mortgage loans, finance,  and many more. It has the opportunity, of being placed on the London Stock Exchange.

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