Axis Car Loan EMI Calculator
Preset to Axis's current car loan emi rate of 9.3%. Change any value to see your own numbers.
- Current rate 9.30%
- Range 9.20–9.60%
- Rank #7 of 7 banks
- Verified 16 July 2026
Axis Car Loan EMI Calculator
- Principal₹8,00,000
- Total interest₹2,91,445
- Total payment₹10,91,445
Where your money goes
- Principal ₹8,00,000
- Interest ₹2,91,445
Axis car loan interest rates 2026
| Tenure / slab | Rate |
|---|---|
| New car, up to 3 years | 9.30% |
| New car, 3–5 years | 9.45% |
| New car, 5–7 years | 9.60% |
| Loan above ₹15,00,000 | 9.20% |
This Car Loan calculator is preset to Axis Bank's current 9.3% rate (as of 16 July 2026), so the EMI you see the moment the page loads reflects a real Axis loan — change the amount or tenure to match yours.
Axis's car loan rates run from 9.20% to 9.60% depending on your profile and loan size. Below is Axis's full rate table, the fees and rules that actually apply, and how Axis compares with the 7 banks we track — the one thing no bank's own page will show you.
Axis car loan — key facts
- Finance of up to 100% of the on-road price available for eligible customers and models.
- Processing fee of up to ₹5,500 plus applicable GST.
- Foreclosure charges of around 5% of the outstanding principal apply.
- Repayment tenure of up to 8 years for new cars.
How Axis compares
Axis's car loan rate is above the category median. BoB is cheaper at 8.85%.
Axis car loan FAQs
What is Axis's car loan interest rate in 2026?
Axis Bank offers car loan rates from 9.2% to 9.6% (indicative headline 9.3%). The exact rate depends on your credit score, income and loan amount.
What are the fees on a Axis car loan?
The processing fee is Up to ₹5,500 + GST. Finance of up to 100% of the on-road price available for eligible customers and models.
Can I prepay or foreclose my Axis car loan early?
Foreclosure charges of around 5% of the outstanding principal apply.
How is the EMI on a Axis car loan calculated?
The EMI uses the reducing-balance method — interest is charged only on the outstanding balance, so the interest share of each instalment falls over time. At 9.3% the calculator above shows your monthly EMI; change the amount and tenure to match your loan.