What are the loan options available for purchasing a Suzuki Grand Vitara 2020 in UAE?

In UAE, you can choose between various loan options such as bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.

How do I apply for a car loan for the Suzuki Grand Vitara 2020?

To apply for a car loan, you need to provide necessary documents such as your salary certificate, Emirates ID, and proof of residence, and then submit your application to the bank or dealership.

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 have a negative impact.

What factors should I consider when taking a car loan for the Suzuki Grand Vitara?

You should consider the interest rate, loan tenure, down payment amount, and any additional fees associated with the loan.

What affects the loan interest rates for a car loan in UAE?

Loan interest rates can be affected by factors such as the central bank's policy, your credit score, the loan amount, and the term of the loan.

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Suzuki Grand Vitara 2020 2.4L JLX (5 Door) Car Loan Calculator in UAE

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

Monthly Payment

AED 4,886

Down Payment

AED 14,500

Total Cost

AED 73,132

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,886	AED 53,746
2	AED 4,886	AED 48,860
3	AED 4,886	AED 43,974
4	AED 4,886	AED 39,088
5	AED 4,886	AED 34,202
6	AED 4,886	AED 29,316
7	AED 4,886	AED 24,430
8	AED 4,886	AED 19,544
9	AED 4,886	AED 14,658
10	AED 4,886	AED 9,772
11	AED 4,886	AED 4,886
12	AED 4,886	AED 0

Monthly Payment Composition

Interest: 53

Principal: 4833

Suzuki Grand Vitara 2020 2.4L JLX (5 Door) Car Loan Calculator FAQs in UAE

In UAE, you can choose between various loan options such as bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.
To apply for a car loan, you need to provide necessary documents such as your salary certificate, Emirates ID, and proof of residence, and then submit your application to the bank or dealership.
Yes, taking a car loan can affect your credit score. Making timely payments can improve your score, while missed payments can have a negative impact.
You should consider the interest rate, loan tenure, down payment amount, and any additional fees associated with the loan.
Loan interest rates can be affected by factors such as the central bank's policy, your credit score, the loan amount, and the term of the loan.