What is the interest rate for a car loan on a Suzuki Baleno 2021 1.4L GLX in the UAE?

Interest rates for car loans in the UAE typically range from 3% to 5%, depending on the bank and your credit profile.

How do I apply for a car loan for a Suzuki Baleno 2021 1.4L GLX?

You can apply for a car loan by visiting the bank's website, filling out the application form, and providing necessary documents such as ID, salary statements, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.

What should I pay attention to before taking a car loan?

Before taking a car loan, pay attention to the interest rate, loan tenure, monthly installments, and any additional fees or charges.

What factors can influence the car loan exchange rate?

Factors influencing the car loan exchange rate include the central bank's interest rates, inflation rates, and economic stability.

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Suzuki Baleno 2021 1.4L GLX Car Loan Calculator in UAE

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

Monthly Payment

AED 3,363

Down Payment

AED 9,980

Total Cost

AED 50,336

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,363	AED 36,993
2	AED 3,363	AED 33,630
3	AED 3,363	AED 30,267
4	AED 3,363	AED 26,904
5	AED 3,363	AED 23,541
6	AED 3,363	AED 20,178
7	AED 3,363	AED 16,815
8	AED 3,363	AED 13,452
9	AED 3,363	AED 10,089
10	AED 3,363	AED 6,726
11	AED 3,363	AED 3,363
12	AED 3,363	AED 0

Monthly Payment Composition

Interest: 37

Principal: 3326

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

Interest rates for car loans in the UAE typically range from 3% to 5%, depending on the bank and your credit profile.
You can apply for a car loan by visiting the bank's website, filling out the application form, and providing necessary documents such as ID, salary statements, and vehicle details.
Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.
Before taking a car loan, pay attention to the interest rate, loan tenure, monthly installments, and any additional fees or charges.
Factors influencing the car loan exchange rate include the central bank's interest rates, inflation rates, and economic stability.