What are the requirements to apply for a car loan for the Audi A3 35 TFSI Advanced 1.4L in UAE?

To apply for a car loan, you typically need a valid Emirates ID, proof of income, bank statements, and the car's purchase invoice.

How does a car loan affect my credit score in UAE?

A car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.

The typical loan tenure ranges from 1 to 5 years, depending on the bank's policies and your financial situation.

Factors include your credit score, loan amount, loan tenure, and the bank's current interest rate policies.

Yes, many banks charge processing fees, insurance fees, and early repayment penalties, so it's important to read the loan agreement carefully.

CarteaCar Loan Calculator

To finance this car, you can first calculate the installment price in UAE

AED 11,450

AED 33,980

AED 171,380

Interest: 124

Principal: 11326

To apply for a car loan, you typically need a valid Emirates ID, proof of income, bank statements, and the car's purchase invoice.
A car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.
The typical loan tenure ranges from 1 to 5 years, depending on the bank's policies and your financial situation.
Factors include your credit score, loan amount, loan tenure, and the bank's current interest rate policies.
Yes, many banks charge processing fees, insurance fees, and early repayment penalties, so it's important to read the loan agreement carefully.