Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
Bank Audi Used Cars Loan Bank Audi Used Cars Loan Minimum Salary: USD 0 Salary Transfer: Yes Early Settlement Fees: - Maximum Term: 5 Years Flat Rate: 8.0% Reducing Rate: 14.4%
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Used Cars 7 years old
  • Currency: USD
  • Minimum Down Payment: Starting at 25%
  • Interest Rate: 8%
  • Loan Period: Up tp 5 years
  • Car Model: 2011 and newer
  • Car Insurance:All Risk Insurance
  • (USD 0 franchise available for all cars)
  • Obligatory Insurance: Free Obligatory Insurance (USD 50) for the first year
Used Cars from 2008 to 2010 - All Models
  • Currency: USD
  • Minimum Down Payment: 30% and Above
  • Interest Rate: 8%
  • Loan Period: Up tp 5 years
  • Car Model: 2008-2010
  • Car Insurance:Total Loss Insurance or All Risk Insurance
  • (USD 0 franchise available for all cars)
  • Obligatory Insurance: Free Obligatory Insurance (USD 50) for the first year

Used Cars from 2004 to 2006
  • Approved Brands: Mercedes, BMW, Land Rover, Jeep, Honda, Toyota, Nissan, Infinity, Volkswagen, Porsche, Ferrari, Maserati and Bentley
  • Currency: USD
  • Minimum Down Payment: 30% and Above
  • Interest Rate: 8%
  • Loan Period: Up tp 4 years
  • Car Model: 2004-2006
  • Car Insurance: Total Loss Insurance
  • Obligatory Insurance: Free Obligatory Insurance (USD 50) for the first year


Documents Required:
Copy of ID
Driving License
Proof of Income
Proof of Residence
  
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator