What are the loan options available for purchasing a Creta 1.5L Comfort in UAE?

In UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically tailored for car purchases.

How does taking a loan for the Creta 1.5L Comfort affect my credit score?

Taking a loan can impact your credit score positively if you make timely payments, but missing payments can have a negative effect.

What documents are required to apply for a loan for a Creta 1.5L Comfort?

Typically, you will need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.

What factors influence the interest rate for my car loan?

Factors include your credit history, the loan amount, the loan term, and the current market interest rates.

Are there any additional fees associated with obtaining a car loan?

Yes, there may be processing fees, insurance costs, and early repayment penalties depending on the bank's policies.

CarteaCar Loan Calculator

Creta 1.5L Comfort Car Loan Calculator in UAE

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

Monthly Payment

AED 4,597

Down Payment

AED 13,640

Total Cost

AED 68,804

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,597	AED 50,567
2	AED 4,597	AED 45,970
3	AED 4,597	AED 41,373
4	AED 4,597	AED 36,776
5	AED 4,597	AED 32,179
6	AED 4,597	AED 27,582
7	AED 4,597	AED 22,985
8	AED 4,597	AED 18,388
9	AED 4,597	AED 13,791
10	AED 4,597	AED 9,194
11	AED 4,597	AED 4,597
12	AED 4,597	AED 0

Monthly Payment Composition

Interest: 51

Principal: 4546

Creta 1.5L Comfort Car Loan Calculator FAQs in UAE

In UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically tailored for car purchases.
Taking a loan can impact your credit score positively if you make timely payments, but missing payments can have a negative effect.
Typically, you will need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.
Factors include your credit history, the loan amount, the loan term, and the current market interest rates.
Yes, there may be processing fees, insurance costs, and early repayment penalties depending on the bank's policies.