What are the loan options available for purchasing a Suzuki Baleno 2020 1.4L GL in UAE?

In the UAE, you can choose between various loan options such as conventional auto loans, Islamic auto financing, and dealership financing for the Suzuki Baleno 2020 1.4L GL.

How can I apply for a car loan for the Suzuki Baleno 2020 1.4L GL?

You can apply for a car loan by visiting a bank or financial institution, filling out the application form, and providing the necessary documents like ID, salary proof, and vehicle details.

Will taking a loan for the Suzuki Baleno 2020 1.4L GL affect my credit score?

Yes, taking a loan can impact your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while defaults can hurt 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, monthly installments, and any additional fees such as processing fees or insurance requirements.

What factors can affect the loan interest rate for the Suzuki Baleno 2020 1.4L GL?

Factors that can affect the loan interest rate include your credit score, the lender's policies, the loan amount, the loan term, and the prevailing market rates.

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Suzuki Baleno 2020 1.4L GL Car Loan Calculator in UAE

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

Monthly Payment

AED 3,094

Down Payment

AED 9,180

Total Cost

AED 46,308

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,094	AED 34,034
2	AED 3,094	AED 30,940
3	AED 3,094	AED 27,846
4	AED 3,094	AED 24,752
5	AED 3,094	AED 21,658
6	AED 3,094	AED 18,564
7	AED 3,094	AED 15,470
8	AED 3,094	AED 12,376
9	AED 3,094	AED 9,282
10	AED 3,094	AED 6,188
11	AED 3,094	AED 3,094
12	AED 3,094	AED 0

Monthly Payment Composition

Interest: 34

Principal: 3060

Suzuki Baleno 2020 1.4L GL Car Loan Calculator FAQs in UAE

In the UAE, you can choose between various loan options such as conventional auto loans, Islamic auto financing, and dealership financing for the Suzuki Baleno 2020 1.4L GL.
You can apply for a car loan by visiting a bank or financial institution, filling out the application form, and providing the necessary documents like ID, salary proof, and vehicle details.
Yes, taking a loan can impact your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while defaults can hurt it.
When applying for a car loan, be aware of the interest rates, loan tenure, monthly installments, and any additional fees such as processing fees or insurance requirements.
Factors that can affect the loan interest rate include your credit score, the lender's policies, the loan amount, the loan term, and the prevailing market rates.