What are the financing options available for purchasing a Renault Duster 2021 2.0L SE (4x4) in UAE?

In UAE, you can avail various financing options such as bank loans, dealership financing, and personal loans. Most banks offer specific auto loans tailored for purchasing vehicles.

How does taking a car loan affect my credit score in UAE?

Taking a car loan can impact your credit score positively if you make timely payments. However, missed payments can lead to a decrease in your score.

What documents are required to apply for a car loan in UAE?

Typically, you will need to provide identification documents, proof of income, bank statements, and details of the vehicle you wish to purchase.

What factors can affect the interest rate for my car loan in UAE?

Factors that can affect your car loan interest rate include your credit score, the loan amount, the loan term, and the bank's current lending rates.

Are there any fees associated with taking out a car loan in UAE?

Yes, there may be fees such as processing fees, insurance fees, and early repayment fees. It's important to read the loan agreement carefully.

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Renault Duster 2021 2.0L SE (4x4) Car Loan Calculator in UAE

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

Monthly Payment

AED 4,509

Down Payment

AED 13,380

Total Cost

AED 67,488

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,509	AED 49,599
2	AED 4,509	AED 45,090
3	AED 4,509	AED 40,581
4	AED 4,509	AED 36,072
5	AED 4,509	AED 31,563
6	AED 4,509	AED 27,054
7	AED 4,509	AED 22,545
8	AED 4,509	AED 18,036
9	AED 4,509	AED 13,527
10	AED 4,509	AED 9,018
11	AED 4,509	AED 4,509
12	AED 4,509	AED 0

Monthly Payment Composition

Interest: 49

Principal: 4460

Renault Duster 2021 2.0L SE (4x4) Car Loan Calculator FAQs in UAE

In UAE, you can avail various financing options such as bank loans, dealership financing, and personal loans. Most banks offer specific auto loans tailored for purchasing vehicles.
Taking a car loan can impact your credit score positively if you make timely payments. However, missed payments can lead to a decrease in your score.
Typically, you will need to provide identification documents, proof of income, bank statements, and details of the vehicle you wish to purchase.
Factors that can affect your car loan interest rate include your credit score, the loan amount, the loan term, and the bank's current lending rates.
Yes, there may be fees such as processing fees, insurance fees, and early repayment fees. It's important to read the loan agreement carefully.