i10 1.2L MPI Car Loan Calculator in UAE

To be eligible for a car loan in the UAE, you usually need to be at least 21 years old, have a steady income, and provide necessary documentation such as a passport, residence visa, and salary certificate.

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

Common fees may include processing fees, registration fees, insurance costs, and potential early repayment fees. Always review the loan agreement carefully.

Interest rates can be affected by factors such as your credit score, the loan amount, the loan tenure, and the bank's current policies.

You will typically need to provide your Emirates ID, a valid driver's license, proof of income (such as salary slips), and bank statements.