What is the Seal Premium car loan in UAE?

The Seal Premium car loan is a specialized financing option offered by banks in the UAE for purchasing premium vehicles, providing competitive interest rates and flexible repayment terms.

How can I apply for a Seal Premium car loan in UAE?

You can apply for a Seal Premium car loan by visiting your bank's branch or online portal, submitting necessary documents such as proof of income, residency, and details of the vehicle.

Will taking a Seal Premium car loan affect my credit score?

Yes, taking a Seal Premium car loan can affect your credit score as it will be recorded as a new line of credit and your payment history will influence your score.

What should I consider before taking a Seal Premium car loan?

Before taking a Seal Premium car loan, consider the interest rates, loan terms, your ability to make monthly payments, and any additional fees associated with the loan.

What factors can affect the interest rate on a Seal Premium car loan?

Factors that can affect the interest rate on a Seal Premium car loan include your credit score, loan amount, loan duration, and the current economic conditions.

CarteaCar Loan Calculator

Seal Premium Car Loan Calculator in UAE

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

Monthly Payment

AED 11,113

Down Payment

AED 32,980

Total Cost

AED 166,336

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 11,113	AED 122,243
2	AED 11,113	AED 111,130
3	AED 11,113	AED 100,017
4	AED 11,113	AED 88,904
5	AED 11,113	AED 77,791
6	AED 11,113	AED 66,678
7	AED 11,113	AED 55,565
8	AED 11,113	AED 44,452
9	AED 11,113	AED 33,339
10	AED 11,113	AED 22,226
11	AED 11,113	AED 11,113
12	AED 11,113	AED 0

Monthly Payment Composition

Interest: 120

Principal: 10993

Seal Premium Car Loan Calculator FAQs in UAE

The Seal Premium car loan is a specialized financing option offered by banks in the UAE for purchasing premium vehicles, providing competitive interest rates and flexible repayment terms.
You can apply for a Seal Premium car loan by visiting your bank's branch or online portal, submitting necessary documents such as proof of income, residency, and details of the vehicle.
Yes, taking a Seal Premium car loan can affect your credit score as it will be recorded as a new line of credit and your payment history will influence your score.
Before taking a Seal Premium car loan, consider the interest rates, loan terms, your ability to make monthly payments, and any additional fees associated with the loan.
Factors that can affect the interest rate on a Seal Premium car loan include your credit score, loan amount, loan duration, and the current economic conditions.