What are the financing options available for purchasing a Suzuki Baleno 2021 1.4L GL in UAE?

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. It's advisable to compare interest rates and terms before making a decision.

How does purchasing a car on loan affect my credit score?

Taking a car loan can affect your credit score both positively and negatively. Timely payments can improve your score, whereas missed payments can lower it.

What documents do I need to provide to apply for a car loan?

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

Are there any hidden fees associated with car loans in UAE?

Yes, there may be processing fees, insurance costs, and other charges associated with car loans. It's important to read the loan agreement carefully to understand all costs.

What factors can affect the interest rate on my car loan?

Interest rates can be affected by factors such as your credit score, loan term, the amount you are borrowing, and current market conditions.

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Suzuki Baleno 2021 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 2021 1.4L GL Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. It's advisable to compare interest rates and terms before making a decision.
Taking a car loan can affect your credit score both positively and negatively. Timely payments can improve your score, whereas missed payments can lower it.
Typically, you will need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.
Yes, there may be processing fees, insurance costs, and other charges associated with car loans. It's important to read the loan agreement carefully to understand all costs.
Interest rates can be affected by factors such as your credit score, loan term, the amount you are borrowing, and current market conditions.