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Understanding
financing options
A full upfront payment, loan or lease, choose what’s right for you.
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Get information about all the financing options in your city from your nearest Ather experience Center
Frequently Asked Questions
Bengaluru, Chennai & Delhi
You can apply for a loan online through your Ather account (created automatically on booking) or visit the Ather experience center for assistance.
Other cities
You can apply for a loan through the nearest Ather experience center.
If you are:
Salaried employee : 3-month salary slips.
Self-employed : IT returns for 2 years and bank statement (last 6 months).
KYC documents : Aadhaar card, PAN card, address proof, and a passport-size photo.
The pre-closure is available with IDFC and HDFC. With HFCL it’s possible only after 1 year of the loan.
A deduction for interest payments up to ₹1,50,000 is available under Section 80EEB only for personal use.
Yes, a processing charge of 2% for IDFC & HFCL. For HDFC – 1% of the loan amount taken + documentation charges + RTO hypothecation fee.
Absolutely not, you can opt for a loan with the bank of your choice. We will just need a few details of the financier and standard loan documents like a hypothecation letter from the bank for the RTO registration.
The minimum down payment with HFCL is ₹24000 and with IDFC, it is ₹25000.
The loan is applicable for ex-showroom price for HFCL and on-road price exclusive of insurance for IDFC.
HFCL, IDFC and HDFC are our loan partners. Depending on the customer profile, the loan processing takes around 2-4 days.
You can check them out right here.