A4 35 TFSI Advanced (150 HP) Car Loan Calculator in UAE

To be eligible for a car loan in UAE, you generally need to be at least 21 years old, have a stable income, and provide necessary documentation such as your Emirates ID, salary certificate, and bank statements.

Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

Before applying for a car loan, consider the interest rates, loan tenure, monthly payments, and any additional fees. It's also important to assess your budget and financial stability.

Factors affecting the loan interest rate include your credit score, the loan amount, the loan tenure, and current market conditions. Lenders may offer better rates to borrowers with higher credit scores.

Typically, car loan approval in UAE can take anywhere from a few hours to a few days, depending on the bank's processing time and the completeness of your application.