Nissan Sunny 2016 1.5 SL Car Loan Calculator in UAE

In the UAE, you can choose from various financing options, including bank loans, dealership financing, and personal loans depending on your eligibility and preference.

Taking a car loan can impact your credit score positively or negatively, depending on your repayment history. Timely payments can improve your score, while defaults can lower it.

Typically, you will need your Emirates ID, salary certificate, bank statements, and proof of residency. Additional documents may be required based on the lender's policies.

Factors influencing the interest rate include your credit score, loan amount, loan tenure, and the bank's lending policies. Economic conditions may also play a role.

Some banks may impose prepayment penalties, while others may allow you to pay off the loan early without any fees. It's important to check the terms with your lender.