What are the common loan options available for purchasing a Seltos Smartstream G1.4T in UAE?

Common loan options include bank loans, dealership financing, and personal loans. Each option may have different interest rates and terms.

How do I apply for a car loan for the Seltos Smartstream G1.4T in UAE?

You can apply by visiting a bank or dealership, filling out an application form, and providing necessary documents such as proof of income, residency, and identification.

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

Yes, taking a car loan can affect your credit score. Making timely payments can improve your score, while missed payments can lower it.

What should I consider before taking a loan for the Seltos Smartstream G1.4T?

Consider your budget, loan terms, interest rates, monthly payments, and your ability to repay the loan before making a decision.

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

Factors include your credit score, the loan amount, the loan term, and the lender's policies.

CarteaCar Loan Calculator

Seltos Smartstream G1.4T Car Loan Calculator in UAE

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

Monthly Payment

AED 7,447

Down Payment

AED 22,100

Total Cost

AED 111,464

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,447	AED 81,917
2	AED 7,447	AED 74,470
3	AED 7,447	AED 67,023
4	AED 7,447	AED 59,576
5	AED 7,447	AED 52,129
6	AED 7,447	AED 44,682
7	AED 7,447	AED 37,235
8	AED 7,447	AED 29,788
9	AED 7,447	AED 22,341
10	AED 7,447	AED 14,894
11	AED 7,447	AED 7,447
12	AED 7,447	AED 0

Monthly Payment Composition

Interest: 81

Principal: 7366

Seltos Smartstream G1.4T Car Loan Calculator FAQs in UAE

Common loan options include bank loans, dealership financing, and personal loans. Each option may have different interest rates and terms.
You can apply by visiting a bank or dealership, filling out an application form, and providing necessary documents such as proof of income, residency, and identification.
Yes, taking a car loan can affect your credit score. Making timely payments can improve your score, while missed payments can lower it.
Consider your budget, loan terms, interest rates, monthly payments, and your ability to repay the loan before making a decision.
Factors include your credit score, the loan amount, the loan term, and the lender's policies.