Axis Car Loan Interest Rates

Rate of Interest (fixed) 9% to 11.50%
Processing Fee Rs. 3500 - Rs. 5500
Loan Amount Above Rs. 1 lakh
Documentation Charges Rs. 300
Late repayment Penalty For every month, 2% is charged
Part Payment Charges 5% of the part payment amount. In addition to this, GST is also charged. This is allowed twice in the loan calendar year and once in the loan calendar month.
Foreclosure charges 5% of the outstanding principal. In addition to this, GST is charged.