Axis Bank Festive Car Loan Offers bring significant benefits for customers planning to purchase a new vehicle this Diwali.
The bank is offering financing of up to 100 per cent of a car’s on-road price, loan disbursement within 30 minutes and a 50 per cent discount on processing fees, subject to applicable conditions.
Announced ahead of Diwali 2026, the festive offers cover several banking products, including car loans, two-wheeler loans, home loans, personal loans, education loans and credit cards.
The bank is also offering special pricing benefits for electric vehicle buyers.
For people planning a vehicle purchase during the festive season, these offers could reduce the initial financial burden and make loan processing faster.
However, customers should check the applicable interest rates, eligibility criteria and additional charges before applying.
Axis Bank Festive Car Loan Offers and Benefits
Under its festive car loan scheme, Axis Bank is offering eligible customers financing of up to 100 per cent of a vehicle’s on-road price.
This means borrowers may be able to finance the entire on-road cost without arranging a separate down payment, subject to the bank’s approval and lending conditions.
Another major benefit is faster loan disbursement. The bank says eligible customers can receive their car loan amount within 30 minutes.
The bank is also offering a flat 50 per cent reduction in processing fees and associated charges on eligible car loans.
Additionally, customers purchasing selected car models can receive an interest rate discount of 10 basis points.
The repayment period for these car loans can extend up to eight years, giving borrowers more flexibility when planning their monthly EMIs.
Another important benefit is the waiver of foreclosure charges after 24 months, subject to the applicable terms and conditions.
This can be useful for borrowers who want to repay their outstanding loan earlier than scheduled.
Special Benefits on Electric Car and Two-Wheeler Loans
Axis Bank has also introduced special festive benefits for customers planning to purchase electric vehicles.
Eligible customers purchasing selected electric car models can receive an interest rate discount of 10 basis points.
The offer is part of the bank’s broader effort to extend preferential financing benefits to electric vehicle buyers.
Two-wheeler buyers can also benefit from faster loan processing, with eligible loan amounts disbursed within 30 minutes.
For superbike financing, interest rates start at 10.75 per cent per annum. Customers purchasing electric two-wheelers can receive a special pricing discount of 0.5 per cent.
The actual interest rate and applicable discount will depend on the vehicle, borrower eligibility and the bank’s terms.
Axis Bank Home Loan and Education Loan Offers
Apart from vehicle financing, Axis Bank has announced several benefits for customers looking for home loans and education loans.
Under its festive home loan scheme, the bank is offering a special login fee starting at Rs 999 plus GST.
The offer also includes a 12-EMI waiver and faster principal repayment benefits, subject to the applicable product conditions.
For students planning to pursue higher education in India, domestic education loans are available at interest rates starting from 7.25 per cent per annum.
Processing fees start at zero, depending on the applicable loan product.
Students planning to study abroad can also benefit from a 0.25 per cent interest rate discount on applicable rack rates. This offer is available to eligible international education loan customers.
The bank has also introduced personal loan offers, with interest rates starting at 9.99 per cent per annum and processing fees starting at Rs 999.
Credit Card and Business Banking Festive Benefits
Axis Bank credit cardholders can access more than 200 festive offers across different spending categories.
These include discounts and EMI benefits of up to 20 per cent on eligible credit card purchases and transactions.
The offers cover categories such as electronics, mobile phones, online shopping, travel, lifestyle products and home furnishings.
Participating brands include Amazon, Blinkit, Zepto, Samsung, LG, MakeMyTrip, ixigo, Air India, Vivo and OPPO, among others.
Small business customers can also benefit from the festive campaign.
The bank is offering a 50 per cent waiver on login fees for selected secured working capital products, including cash credit, overdraft and term loans.
This working capital offer is valid until December 31, 2026. However, standard processing fees will continue to apply at the time of loan sanction or disbursement.
What Should Customers Check Before Applying?
Although Axis Bank’s festive offers provide several financing benefits, customers should carefully examine the complete loan terms before making a decision.
A 100 per cent car loan does not necessarily mean borrowing will be interest-free. Borrowers must repay the principal amount along with applicable interest through monthly instalments.
Customers should compare the effective interest rate, processing charges, loan tenure and total repayment amount.
They should also confirm whether their preferred vehicle model qualifies for the special pricing benefits.
The 30-minute disbursement facility is subject to eligibility, documentation and the bank’s approval process.
Overall, the festive campaign offers benefits across vehicle financing, home loans, education loans, personal loans and credit cards.
Customers planning major purchases this Diwali can explore the available schemes and compare their costs before applying.
