Peugeot 308 2016 Active Car Loan Calculator in UAE

To be eligible for a loan, you typically need to be at least 21 years old, have a steady income, a good credit history, and valid residency in the UAE.

You can apply for a car loan through banks or financial institutions, either online or by visiting a branch. You'll need to provide personal and financial documents.

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

Consider the interest rate, loan term, monthly installments, and any additional fees. Also, check the lender's reputation.

Interest rates for car loans in the UAE typically range from 3% to 6%, depending on the bank and the borrower's credit profile.