Axis Bank vs Bajaj Auto Credit vs Tata Capital at a glance
| Detail | Axis Bank | Bajaj Auto Credit | Tata Capital |
|---|---|---|---|
| Loan provider type | Private bank | NBFC | NBFC |
| Legal name | Axis Bank | Bajaj Auto Credit Ltd (BACL) | Tata Capital Ltd |
| Vehicle loans with a published rate | Car loan, Two-wheeler loan | Two-wheeler loan, Electric two- and three-wheeler loan, Three-wheeler loan | Car loan, Two-wheeler loan, Used car loan, Commercial vehicle loan |
| Two-wheeler loan: published rate | 10% - 28% | Up to 30% p.a.annualised customer IRR | From 12.5% p.a. |
| Two-wheeler loan: maximum tenure | 12-48 months (superbikes 12-60 months) | 3-60 months | 60 months |
| Official website | axis.bank.in | bajajautocredit.com | tatacapital.com |
Axis Bank vs Bajaj Auto Credit vs Tata Capital car loan: rate, fees and tenure
Starting car loan rates as published: Axis Bank from 8.90% and Tata Capital from 9.49%. Axis Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are actually offered. Axis Bank lists the longer maximum tenure (up to 8 years (per axis bank car loan calculator)). Bajaj Auto Credit does not publish a car loan rate on its website, so none is shown.
| Detail | Axis Bank | Bajaj Auto Credit | Tata Capital |
|---|---|---|---|
| Product | Axis Bank Car Loan | Not published | New Car Loan |
| Published rate | 8.90% - 11.70% | Not published | From 9.49% p.a. |
| Rate basis | Linked to 1-year MCLR (8.90%) for tenures up to 36 months | Not published | Fixed and floating options |
| Maximum tenure | Up to 8 years (per Axis Bank car loan calculator) | Not published | 84 months (product page); rates page calculator shows 72 months |
| Maximum funding | Up to 100% of on-road price | Not published | Up to 100% on-road; loan up to Rs 5 crore |
| Processing fee | Up to 2% of loan + GST; documentation Rs 700 + GST | Not published | Up to 2.95% of loan amount |
| Pre-closure / prepayment | Not published | Not published | 6% of principal outstanding within 12 months; 5% after 12 months (same for part-prepayment) |
| Other terms published | Not published | Not published |
|
| Official source | axis.bank.in | Not published | tatacapital.com tatacapital.com |
EMI illustration: ₹10 lakh over 60 months
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| Axis Bank | 8.90% | ₹20,710 | ₹2,42,591 | ₹12,42,591 |
| Tata Capital | 9.49% | ₹20,997 | ₹2,59,818 | ₹12,59,818 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Monthly EMI at other loan amounts (60 months)
| Loan amount | Axis Bank (8.90%) | Tata Capital (9.49%) |
|---|---|---|
| ₹5 lakh | ₹10,355 | ₹10,498 |
| ₹10 lakh | ₹20,710 | ₹20,997 |
| ₹15 lakh | ₹31,065 | ₹31,495 |
| ₹20 lakh | ₹41,420 | ₹41,994 |
Read the full guide: Car loan · EMI calculator
Axis Bank vs Bajaj Auto Credit vs Tata Capital two-wheeler loan: rate, fees and tenure
Starting two-wheeler loan rates as published: Axis Bank from 10% and Tata Capital from 12.50%. Axis Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are actually offered. Bajaj Auto Credit lists the longer maximum tenure (3-60 months).
| Detail | Axis Bank | Bajaj Auto Credit | Tata Capital |
|---|---|---|---|
| Product | Axis Bank Two Wheeler Loan | Two-Wheeler Loan | Two-Wheeler Loan |
| Published rate | 10% - 28% | Up to 30% p.a.annualised customer IRR | From 12.5% p.a. |
| Rate basis | Not published | Not published | Fixed |
| Maximum tenure | 12-48 months (superbikes 12-60 months) | 3-60 months | 60 months |
| Maximum funding | Up to 100% of on-road price | Rs 9,999 to Rs 20 lakh | Up to 100% for loans up to Rs 2.85 lakh; up to Rs 15 lakh for premium/superbikes |
| Processing fee | Not published | Up to 5% of loan amount | Up to 4% + taxes |
| Pre-closure / prepayment | Not published | 'Nominal foreclosure charges' (no figure published on page) | Foreclosure 5% of principal outstanding; part-prepayment 5% of amount |
| Other terms published |
|
|
|
| Official source | axis.bank.in | bajajautocredit.com | tatacapital.com |
EMI illustration: ₹1 lakh over 36 months
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| Axis Bank | 10% | ₹3,227 | ₹16,162 | ₹1,16,162 |
| Tata Capital | 12.50% | ₹3,345 | ₹20,433 | ₹1,20,433 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Monthly EMI at other loan amounts (36 months)
| Loan amount | Axis Bank (10%) | Tata Capital (12.50%) |
|---|---|---|
| ₹0.5 lakh | ₹1,613 | ₹1,673 |
| ₹1 lakh | ₹3,227 | ₹3,345 |
| ₹1.5 lakh | ₹4,840 | ₹5,018 |
Read the full guide: Two-wheeler loan · EMI calculator
Axis Bank vs Bajaj Auto Credit vs Tata Capital used car loan: rate, fees and tenure
Only Tata Capital publishes a rate for this product with a stated starting figure, so a like-for-like ranking is not possible. Tata Capital lists the longer maximum tenure (72 months). Axis Bank and Bajaj Auto Credit do not publish a used car loan rate on their website, so none is shown.
| Detail | Axis Bank | Bajaj Auto Credit | Tata Capital |
|---|---|---|---|
| Product | Axis Bank Used Car Loan | Not published | Used Car Loan |
| Published rate | Not published | Not published | From 10.49% p.a. |
| Rate basis | Not published | Not published | Reducing balance; fixed EMI |
| Maximum tenure | Up to 60 months (per Axis Bank calculator) | Not published | 72 months |
| Maximum funding | Up to 100% of the used car's value | Not published | Up to 95% of car value (100% on select cars); loan up to Rs 50 lakh |
| Processing fee | Not published | Not published | Up to 2.95% of loan amount |
| Pre-closure / prepayment | Not published | Not published | 6% of principal outstanding within 12 months; 5% after 12 months (same for part-prepayment) |
| Other terms published | Not published | Not published |
|
| Official source | axis.bank.in | Not published | tatacapital.com tatacapital.com |
Read the full guide: Used car loan · EMI calculator
Axis Bank vs Bajaj Auto Credit vs Tata Capital electric two- and three-wheeler loan: rate, fees and tenure
Only Bajaj Auto Credit publishes a rate for this product with a stated starting figure, so a like-for-like ranking is not possible. Bajaj Auto Credit lists the longer maximum tenure (3-84 months). Axis Bank and Tata Capital do not publish an electric two- and three-wheeler loan rate on their website, so none is shown.
| Detail | Axis Bank | Bajaj Auto Credit | Tata Capital |
|---|---|---|---|
| Product | Not published | Covered under Intracity Commercial Vehicle Loan | Electric Two-Wheeler Loan; EV Car Loan |
| Published rate | Not published | Up to 30% p.a.annualised customer IRR | E2W from 12.5% p.a.; EV car from 8.75% p.a.indicative |
| Maximum tenure | Not published | 3-84 months | E2W 48 months; EV car 84 months |
| Maximum funding | Not published | Rs 10,000 to Rs 5 lakh | Up to 100% on-road |
| Processing fee | Not published | Up to 5% of loan amount | E2W up to 4% + GST; EV car up to 2% + GST |
| Pre-closure / prepayment | Not published | Not published | E2W 5% of principal outstanding/part-prepayment amount; EV car as per prevailing policy |
| Other terms published | Not published |
|
|
| Official source | Not published | bajajautocredit.com | tatacapital.com tatacapital.com |
Read the full guide: Electric two- and three-wheeler loan
Axis Bank vs Bajaj Auto Credit vs Tata Capital three-wheeler loan: rate, fees and tenure
Only Bajaj Auto Credit publishes a rate for this product with a stated starting figure, so a like-for-like ranking is not possible. Axis Bank and Tata Capital do not publish a three-wheeler loan rate on their website, so none is shown.
| Detail | Axis Bank | Bajaj Auto Credit | Tata Capital |
|---|---|---|---|
| Product | Not published | Intracity Commercial Vehicle Loan (three-wheelers and Qute) | Not published |
| Published rate | Not published | Up to 30% p.a.annualised customer IRR | Not published |
| Maximum tenure | Not published | 3-84 months | Not published |
| Maximum funding | Not published | Rs 10,000 to Rs 5 lakh | Not published |
| Processing fee | Not published | Up to 5% of loan amount | Not published |
| Pre-closure / prepayment | Not published | 'Nominal foreclosure charges' (no figure published on page) | Not published |
| Other terms published | Not published |
| Not published |
| Official source | Not published | bajajautocredit.com | Not published |
Read the full guide: Three-wheeler loan
Axis Bank vs Bajaj Auto Credit vs Tata Capital commercial vehicle loan: rate, fees and tenure
Only Tata Capital publishes a rate for this product with a stated starting figure, so a like-for-like ranking is not possible. Axis Bank and Bajaj Auto Credit do not publish a commercial vehicle loan rate on their website, so none is shown.
| Detail | Axis Bank | Bajaj Auto Credit | Tata Capital |
|---|---|---|---|
| Product | Axis Bank New Commercial Vehicle & Construction Equipment Loan | Not published | Commercial Vehicle Loan (new and used) |
| Published rate | Not published | Not published | From 12% p.a.page meta description |
| Maximum tenure | Not published | Not published | IMHCV up to 72 months; SLCV and buses up to 60 months |
| Maximum funding | Not published | Not published | IMHCV up to 100% of ex-showroom; SLCV up to 94% of on-road; buses up to 100% of on-road |
| Processing fee | Not published | Not published | As per sanction letter |
| Pre-closure / prepayment | Not published | Not published | 4% of outstanding or Rs 5,000, whichever higher (excl. GST), with 30 days notice |
| Other terms published |
| Not published |
|
| Official source | axis.bank.in axis.bank.in | Not published | tatacapital.com tatacapital.com |
Read the full guide: Commercial vehicle loan
Which is better: Axis Bank, Bajaj Auto Credit or Tata Capital?
No loan provider is best for everyone. This is how the published figures split, product by product.
- Two-wheeler loan, lower starting rate: Axis Bank (10%) versus 12.50% at Tata Capital.
- Car loan, longer maximum tenure: Axis Bank (up to 8 years (per axis bank car loan calculator)). A longer tenure lowers the EMI but raises total interest.
- Two-wheeler loan, longer maximum tenure: Bajaj Auto Credit (3-60 months). A longer tenure lowers the EMI but raises total interest.
- Used car loan, longer maximum tenure: Tata Capital (72 months). A longer tenure lowers the EMI but raises total interest.
- Electric two- and three-wheeler loan, longer maximum tenure: Bajaj Auto Credit (3-84 months). A longer tenure lowers the EMI but raises total interest.
Pick on total cost, not the headline rate: ask each loan provider for the Key Fact Statement and compare the APR and total repayable amount. A low rate with a high processing fee can cost more than a slightly higher rate with no fee.
Bank type and how each loan provider sets its rate
Axis Bank is a private bank and Bajaj Auto Credit and Tata Capital are nbfcs.
What the loan providers' own pages say about how their rates are set:
- Axis Bank car loan: Linked to 1-year MCLR (8.90%) for tenures up to 36 months.
- Bajaj Auto Credit publishes only a ceiling for its two-wheeler loan (Up to 30% p.a.), so it cannot be ranked on a starting rate.
- Bajaj Auto Credit publishes only a ceiling for its electric two- and three-wheeler loan (Up to 30% p.a.), so it cannot be ranked on a starting rate.
- Bajaj Auto Credit publishes only a ceiling for its three-wheeler loan (Up to 30% p.a.), so it cannot be ranked on a starting rate.
- Tata Capital car loan: Fixed and floating options.
- Tata Capital two-wheeler loan: Fixed.
- Tata Capital used car loan: Reducing balance; fixed EMI.
Banks and non-banking finance companies (NBFCs) publish rates in different ways: some give a range, some only a starting rate and some only a maximum. That is why this page compares like with like and marks every gap as not published instead of guessing.
About Axis Bank, Bajaj Auto Credit and Tata Capital
Axis Bank
Private bank
Private-sector bank offering new and used car, two-wheeler, commercial vehicle and tractor loans, with up to 100% on-road funding on new cars.
Lowest published starting rate: 8.90% (Car loan)
Bajaj Auto Credit
NBFC · Bajaj Auto Credit Ltd (BACL)
Captive financier of Bajaj Auto, financing Bajaj two-wheelers, three-wheelers and Qute
Tata Capital
NBFC · Tata Capital Ltd
Tata Group's diversified NBFC; absorbed Tata Motors Finance (CV/PV financier for Tata Motors) in May 2025
Lowest published starting rate: 9.49% (Car loan)
What to check before you choose a vehicle loan
- Ask for the Key Fact Statement (KFS). RBI requires loan providers to give you one before you sign, showing the interest rate, all fees, the APR and the total amount you will repay.
- Compare APR, not the headline rate. Processing fee, documentation charges and insurance change the real cost.
- Ask about pre-closure charges. Fixed-rate vehicle loans often carry charges for paying early; floating-rate loans to individuals cannot.
- Check what is bundled. Insurance, extended warranty or accessories added to the loan raise the amount you pay interest on. You are free to buy insurance elsewhere.
- Confirm the hypothecation. The loan provider's name is noted on the registration certificate. After the last EMI, collect the NOC and have it removed at the RTO.
Terms used on this page
Plain meanings of the terms this comparison uses.
Starting rate: The lowest rate a loan provider advertises for a product. Most borrowers are offered a higher rate, because the final rate depends on credit score, income, employer and loan amount.
APR: Annual percentage rate. It adds the processing fee and other charges to the interest rate, so it shows the yearly cost of the loan better than the interest rate alone.
Key Fact Statement: A short summary the loan provider gives you before you sign. It lists the interest rate, every fee, the APR and the total amount you will repay. RBI requires it for retail loans.
Floating rate and repo rate: A floating rate moves with a benchmark, and for banks that is usually the RBI repo rate, the rate at which RBI lends to banks. A fixed rate stays the same for the period you agree.
Processing fee: A one-time charge for handling the application. It is usually a percentage of the loan amount plus GST, and it is often deducted before the money reaches you.
Credit score: A number from 300 to 900 that shows how you have repaid past loans and cards. A higher score usually gets you a lower rate.
Sources, method and last check
Every figure above comes from the loan provider's own website. We checked them on 4 October 2026 and list the pages used.
- Axis Bank: axis.bank.in/loans/car-loan/interest-rates-charges · axis.bank.in/loans/two-wheeler-loans · axis.bank.in/loans/car-loan/used-car-loan · axis.bank.in/agri-and-rural/loans/tractor-loans · axis.bank.in/loans/commercial-vehicle-construction-equipment-loan/new-commercial-vehicle-construction-equipment-loan · axis.bank.in/loans/commercial-vehicle-construction-equipment-loan/used-commercial-vehicle-loan
- Bajaj Auto Credit: bajajautocredit.com/two-wheeler-loan-interest-rates · bajajautocredit.com/three-wheeler-loan-interest-rates
- Tata Capital: tatacapital.com/vehicle-loan/car-loan.html · tatacapital.com/vehicle-loan/car-loan/interest-rates.html · tatacapital.com/vehicle-loan/two-wheeler-loan/rates-and-charges.html · tatacapital.com/vehicle-loan/used-car-loan/rates-and-charges.html · tatacapital.com/vehicle-loan/used-car-loan/interest-rates-and-charges.html · tatacapital.com/vehicle-loan/electric-two-wheeler-loan.html
Method: we list only figures we could find on the loan provider's official pages. A blank means the loan provider does not publish that figure, and we never estimate one. Rankings use the published starting rate and published maximum tenure only. Read our editorial policy, how we make money and tell us about an error.
More loan provider comparisons
Axis Bank compared with other loan providers
Bajaj Auto Credit compared with other loan providers
Tata Capital compared with other loan providers
Head-to-head pages for these three loan providers
Compare any two or three loan providers · Personal loans · Home loans · Vehicle loans
Frequently asked questions
Which is better for a two-wheeler loan: Axis Bank, Bajaj Auto Credit or Tata Capital?
Axis Bank has the lower published starting two-wheeler loan rate at 10%, against 12.50% at Tata Capital. Bajaj Auto Credit allows the longer maximum tenure (3-60 months). A starting rate is the best case, not a typical offer, so confirm the annual percentage rate (APR) and total repayable amount in each loan provider's Key Fact Statement. Figures are as published on the loan providers' own websites and checked 4 October 2026. The better choice depends on your profile, the loan amount and the fees in your offer letter.
Which has the lower two-wheeler loan interest rate: Axis Bank, Bajaj Auto Credit or Tata Capital?
Axis Bank has the lower published starting rate. Published starting rates: Axis Bank 10% and Tata Capital 12.50% (checked 4 October 2026). Your actual rate depends on your credit profile and the loan provider's approval.
What is the processing fee on a two-wheeler loan at Axis Bank, Bajaj Auto Credit and Tata Capital?
Axis Bank: not published. Bajaj Auto Credit: Up to 5% of loan amount. Tata Capital: Up to 4% + taxes. Fees can change and GST is usually extra, so check the Key Fact Statement.
What is the maximum two-wheeler loan tenure at Axis Bank, Bajaj Auto Credit and Tata Capital?
Axis Bank: 12-48 months (superbikes 12-60 months). Bajaj Auto Credit: 3-60 months. Tata Capital: 60 months.
What is the EMI on a ₹1 lakh two-wheeler loan at Axis Bank, Bajaj Auto Credit and Tata Capital?
Over 36 months at each loan provider's lowest published rate: Axis Bank about ₹3,227 a month at 10%; Tata Capital about ₹3,345 a month at 12.50%. This is an illustration that leaves out fees, GST and insurance. Your offered rate may be higher.
How much of the vehicle price can I borrow on a two-wheeler loan from Axis Bank, Bajaj Auto Credit and Tata Capital?
Axis Bank: Up to 100% of on-road price. Bajaj Auto Credit: Rs 9,999 to Rs 20 lakh. Tata Capital: Up to 100% for loans up to Rs 2.85 lakh; up to Rs 15 lakh for premium/superbikes. Funding is usually profile-based, so the loan provider decides the final amount.
What other terms do Axis Bank, Bajaj Auto Credit and Tata Capital publish for a two-wheeler loan?
Axis Bank: 0.50% lower rate on electric two-wheelers; Loans from Rs 25,001. Bajaj Auto Credit: Rate varies by BACL credit and risk policy. Tata Capital: Bounce charge Rs 600; Penal charge 3% per month on overdue amount. Check each loan provider's page for eligibility and documents before you apply.
Can I prepay or foreclose a two-wheeler loan early at Axis Bank, Bajaj Auto Credit and Tata Capital?
Axis Bank: not published. Bajaj Auto Credit: 'Nominal foreclosure charges' (no figure published on page). Tata Capital: Foreclosure 5% of principal outstanding; part-prepayment 5% of amount. Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.
Which vehicle loans do Axis Bank, Bajaj Auto Credit and Tata Capital publish rates for?
Axis Bank: car loan, two-wheeler loan. Bajaj Auto Credit: two-wheeler loan, electric two- and three-wheeler loan, three-wheeler loan. Tata Capital: car loan, two-wheeler loan, used car loan, commercial vehicle loan. Based on each loan provider's own website, checked 4 October 2026.
Are the rates on this page the rate I will get?
No. They are the rates the loan providers publish, usually a range or a starting rate. Your approved rate depends on your credit score, income, loan amount, tenure and vehicle. Always read the Key Fact Statement before you sign.
Does KhatuLoans lend money or charge for this comparison?
KhatuLoans is not a loan provider. The loan provider decides approval, rate and terms. Our comparisons are free to read, and we are not paid by the loan providers named here to rank them. See how we make money on our advertiser disclosure page.
KhatuLoans is not a loan provider and is not paid by the loan providers named here to rank them. Rates, fees and prices change; always confirm with the loan provider and dealer. Read our editorial policy and how we make money.