AUDI Finance
In India, Audi offers a range of cars in categories of Sedan, Coupe, SUV, Cabriolet, Sport and Spyder. The exclusive captive finance arm of Audi in India extends loan options at pleasing terms and rates on the entire range of Audi cars in the country. Financing a car purchase from the stable is now hassle free and comes with a slew of benefits.
Audi Finance Car Loan Eligibility
Straightforward eligibility criteria is the face of Audi finance for cars in India. A breakup of the conditions has been provided below.
Car Value Up to Rs.10 Lakh
| Salaried | Age | 21 years and above |
| Income | Min. gross annual income should be Rs.2 lakh | |
| Job Stability | Minimum of 3 years | |
| Loan to Value(LTV) | A max. of 90% of car value | |
| Self Employed | Age | 21 years and above |
| Income | Min. gross annual income should be Rs.1 lakh | |
| Business Stability | Minimum of 2 years | |
| Loan to Value(LTV) | A max. of 85% of car value |
Car Value Between 10-20 lakh
| Salaried | Age | 21 years and above |
| Income | Min. gross annual income should be Rs.5 lakh | |
| Job Stability | Minimum of 3 years | |
| Loan to Value(LTV) | A max. of 90% of car value | |
| Self Employed | Age | 21 years and above |
| Income | Min. gross annual income should be Rs.3.5 lakh | |
| Business Stability | Minimum of 5 years | |
| Loan to Value(LTV) | A max. of 85% of car value |
Car Value of Rs.20 lakhs and Above
| Salaried | Age | 21 years and above |
| Income | Min. gross annual income should be Rs.10 lakh | |
| Job Stability | Minimum of 5 years | |
| Loan to Value(LTV) | A max. of 90% of car value | |
| Self Employed | Age | 21 years and above |
| Income | Min. gross annual income should be Rs.5 lakh | |
| Business Stability | Minimum of 7 years | |
| Loan to Value(LTV) | A max. of 85% of car value |
Documentation required for Audi Finance Car Loan
Identity Proof
Valid proof of identity issued by government agencies such as Passport, PAN Card, Driving License, Sales Tax Registration certificate and Employee ID issued by Govt. of India are accepted.
Address Proof
Passport, Lease/Rental Agreement, Utility Bills, Bank Statement.
Income Proof
- For salaried class, Payslips of last 3 months, Form 16 or IT Returns.
- For self employed, ITR for the last two years, Balance Sheet, P&L a/c.
- Partnership Firm: The latest Sales Tax Assessment Order, Partnership Deed, identity proof of signing partners, and ST registration Certificate.
- Limited Company: ST Registration Certificate, MOA and AOA (Memorandum of Association and Articles of Association), and identity proof of signing directors
The list of documentation above is indicative. During the application process, Audi Finance representatives will advise further on nature of documentation.
Audi Finance Car Loan Interest Rates
Audi finances the entire fleet of cars at attractive interest rates. The rate of interest is determined at the time of application and a rate card will be made available during your visit. The interest charges depend on many inputs such as eligibility, income, model of the car, prevailing offers, etc.
Features and Benefits of Audi Finance Car Loan
High Quantum of Financing
The finance arm of Audi provides up to 90% finance of total cost on Audi cars which implies less burden for you in terms of down payment. With such high quantum of financing, you can own a model of your choice and payback in EMIs.
Flexible Payback Options
With a repayment tenure ranging from 12 – 84 months, you get sufficient space in choosing a tenure that suits your monthly budget.
Accelerated Processing and Hassle Free Documentation
The fervour to own a car is complemented by the quick processing system from Audi finance. The turnaround time is communicated upfront and comes with minimum documentation.
Coverage for Accessories
Accessorizing the car is one of the most exciting part of owning one. Cost of accessories and gadgets will be included in the loan amount.
Cars Sold by Audi in India
| Sedan Class | A3, A4, A6, S6, A8L |
| Coupe | RS5, TT, R8 |
| SUV | Q3, Q5, Q7 |
| Cabriolet | A3 |
| Sport | RS7 |
| Spyder | R8 |
What are the advantages of having Audi Finance in India?
Those who dream of purchasing a luxury car from the popular German car brand, Audi, can now get auto financing to drive their dream car home. Audi Finance focuses on providing quick and hassle-free auto financing to its customers in order to take them closer to their automobile dreams. The company believes in its ability to deliver excellent credit access to eligible applicants. Audi Finance has been redefining car finance consistently by offering new schemes to best serve its customers. This lender is a key player in the world of car finance. When a customer chooses to buy an Audi car through Audi Finance, he or she gets to experience customer services from a dedicated team and the same passion for Audi cars as him or her.
What attractive features and benefits does Audi Finance offer its customers?
Here are some attractive features and benefits offered by Audi Finance which makes it one of the most preferred lenders in the country:
- Loan amount: Borrowers can get an auto loan of up to 90% of the on-road price of the chosen Audi cars.
- Repayment: Audi Finance offers flexible loan repayment options. Thus, making it easier for borrowers to repay their car loan.
- Loan approval: Audi Finance is one of the top lenders to provide fast loan approval in order to help customers get closer to their dream of owning an Audi car.
- Financing solutions: As previously stated, Audi Finance focuses on providing excellent auto financing by introducing innovative financing solutions.
- Rate of Interest: Audi Finance offers car loans at competitive interest rates in order to meet the customers’ expectations.
- Loan tenure: Borrowers get the option to choose a short or long tenure funding depending on their loan repayment capacity.
- Loan schemes: Audi Finance offers customised loan products to meet the varying needs of its customers.
- Customer service: A team of dedicated representatives at Audi Finance are trained to provide world-class customer experience to its customers.
