What are the eligibility criteria for obtaining a car loan for the Urvan 6-Seater Automatic in the UAE?

To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a steady income, a valid residency visa, and a good credit score.

How does obtaining a car loan affect my credit score in the UAE?

Taking out a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.

What documents are required to apply for a car loan for the Urvan 6-Seater in the UAE?

Common documents include a copy of your passport, residency visa, salary certificate, bank statements, and a copy of the vehicle registration.

What should I consider before taking a car loan for the Urvan 6-Seater in the UAE?

Consider your budget, the total cost of the loan including interest, the loan term, and your ability to make monthly payments.

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

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

CarteaCar Loan Calculator

Urvan 6-Seater Automatic (5-Door) Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 91,875

Down PaymentAED 18,375

Monthly PaymentAED 6,192
Total CostAED 92,679
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 6,192	AED 68,112
2	AED 6,192	AED 61,920
3	AED 6,192	AED 55,728
4	AED 6,192	AED 49,536
5	AED 6,192	AED 43,344
6	AED 6,192	AED 37,152
7	AED 6,192	AED 30,960
8	AED 6,192	AED 24,768
9	AED 6,192	AED 18,576
10	AED 6,192	AED 12,384
11	AED 6,192	AED 6,192
12	AED 6,192	AED 0

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Urvan 6-Seater Automatic (5-Door) Car Loan Calculator FAQs in UAE

To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a steady income, a valid residency visa, and a good credit score.
Taking out a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.
Common documents include a copy of your passport, residency visa, salary certificate, bank statements, and a copy of the vehicle registration.
Consider your budget, the total cost of the loan including interest, the loan term, and your ability to make monthly payments.
Factors include your credit score, the loan amount, the loan duration, and the lender's policies.