What are the loan options available for purchasing a Renault Duster 2020 2.0L PE (4x4) in UAE?

In the UAE, you can find various loan options from banks and financial institutions, such as personal loans with fixed or variable interest rates, and specific auto loans tailored for vehicle purchases.

How can I apply for a car loan for a Renault Duster 2020 in the UAE?

You can apply for a car loan by visiting your bank or financial institution's website, filling out an application form, providing necessary documents such as your ID, salary certificate, and vehicle details.

Will taking out a car loan affect my credit score in the UAE?

Yes, taking out a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.

What should I be aware of when applying for a car loan?

When applying for a car loan, be aware of the interest rates, loan tenure, down payment requirements, and any additional fees that may apply.

What factors can influence the loan interest rate for a car loan in UAE?

Factors that can influence the loan interest rate include your credit score, the loan amount, the loan term, and the bank's policies.

CarteaCar Loan Calculator

Renault Duster 2020 2.0L PE (4x4) Car Loan Calculator in UAE

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

Monthly Payment

AED 4,037

Down Payment

AED 11,980

Total Cost

AED 60,424

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,037	AED 44,407
2	AED 4,037	AED 40,370
3	AED 4,037	AED 36,333
4	AED 4,037	AED 32,296
5	AED 4,037	AED 28,259
6	AED 4,037	AED 24,222
7	AED 4,037	AED 20,185
8	AED 4,037	AED 16,148
9	AED 4,037	AED 12,111
10	AED 4,037	AED 8,074
11	AED 4,037	AED 4,037
12	AED 4,037	AED 0

Monthly Payment Composition

Interest: 44

Principal: 3993

Renault Duster 2020 2.0L PE (4x4) Car Loan Calculator FAQs in UAE

In the UAE, you can find various loan options from banks and financial institutions, such as personal loans with fixed or variable interest rates, and specific auto loans tailored for vehicle purchases.
You can apply for a car loan by visiting your bank or financial institution's website, filling out an application form, providing necessary documents such as your ID, salary certificate, and vehicle details.
Yes, taking out a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.
When applying for a car loan, be aware of the interest rates, loan tenure, down payment requirements, and any additional fees that may apply.
Factors that can influence the loan interest rate include your credit score, the loan amount, the loan term, and the bank's policies.