What are the requirements for obtaining a car loan for a Renault Talisman 2019 1.6T LE in the UAE?

Typically, you will need to provide proof of income, a valid UAE ID, and other identification documents. Some banks may also require a credit check.

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

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

What should I consider when applying for a car loan for a Renault Talisman in the UAE?

Consider the interest rates, loan tenure, monthly installments, and any additional fees. It's also important to compare offers from different banks.

What factors can influence the interest rate on my car loan in the UAE?

Factors include your credit score, the loan amount, the loan term, and the policies of the lending bank.

Can I pay off my car loan early, and are there any penalties for doing so?

Many banks allow early repayment of car loans, but some may impose a penalty fee. It's best to check with your lender regarding their specific policies.

CarteaCar Loan Calculator

Renault Talisman 2019 1.6T LE Car Loan Calculator in UAE

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

Monthly Payment

AED 4,711

Down Payment

AED 13,980

Total Cost

AED 70,512

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,711	AED 51,821
2	AED 4,711	AED 47,110
3	AED 4,711	AED 42,399
4	AED 4,711	AED 37,688
5	AED 4,711	AED 32,977
6	AED 4,711	AED 28,266
7	AED 4,711	AED 23,555
8	AED 4,711	AED 18,844
9	AED 4,711	AED 14,133
10	AED 4,711	AED 9,422
11	AED 4,711	AED 4,711
12	AED 4,711	AED 0

Monthly Payment Composition

Interest: 51

Principal: 4660

Renault Talisman 2019 1.6T LE Car Loan Calculator FAQs in UAE

Typically, you will need to provide proof of income, a valid UAE ID, and other identification documents. Some banks may also require a credit check.
Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can lead to a decrease in your score.
Consider the interest rates, loan tenure, monthly installments, and any additional fees. It's also important to compare offers from different banks.
Factors include your credit score, the loan amount, the loan term, and the policies of the lending bank.
Many banks allow early repayment of car loans, but some may impose a penalty fee. It's best to check with your lender regarding their specific policies.