What is the loan process for purchasing a Pajero 3.0L GLS 5 Door Mid in the UAE?

The loan process typically involves selecting a bank, submitting necessary documents, applying for the loan, and waiting for approval. Once approved, you can finalize the purchase.

Will taking a loan for the Pajero 3.0L GLS 5 Door Mid affect my credit score?

Yes, taking a loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.

What should I be aware of when taking out a car loan?

Be aware of the interest rates, loan terms, repayment schedule, and any additional fees that may apply.

What factors can influence the loan rates for the Pajero in the UAE?

Factors include your credit history, the loan amount, the term of the loan, and the prevailing economic conditions.

Are there any specific documents required to apply for a car loan for the Pajero?

Yes, you typically need identification, proof of income, bank statements, and details of the vehicle.

CarteaCar Loan Calculator

Pajero 3.0L GLS 5 Door Mid Car Loan Calculator in UAE

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

Monthly Payment

AED 14,557

Down Payment

AED 43,200

Total Cost

AED 217,884

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 14,557	AED 160,127
2	AED 14,557	AED 145,570
3	AED 14,557	AED 131,013
4	AED 14,557	AED 116,456
5	AED 14,557	AED 101,899
6	AED 14,557	AED 87,342
7	AED 14,557	AED 72,785
8	AED 14,557	AED 58,228
9	AED 14,557	AED 43,671
10	AED 14,557	AED 29,114
11	AED 14,557	AED 14,557
12	AED 14,557	AED 0

Monthly Payment Composition

Interest: 157

Principal: 14400

Pajero 3.0L GLS 5 Door Mid Car Loan Calculator FAQs in UAE

The loan process typically involves selecting a bank, submitting necessary documents, applying for the loan, and waiting for approval. Once approved, you can finalize the purchase.
Yes, taking a loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Be aware of the interest rates, loan terms, repayment schedule, and any additional fees that may apply.
Factors include your credit history, the loan amount, the term of the loan, and the prevailing economic conditions.
Yes, you typically need identification, proof of income, bank statements, and details of the vehicle.