What are the loan options available for purchasing the Urvan MICROBUS 4 DOORS, 13 SEATER M/T, HIGH ROOF in the UAE?

In the UAE, banks and financial institutions offer various loan options for purchasing vehicles, including fixed and variable interest rates, long-term and short-term loans, and specific packages for commercial vehicles like the Urvan MICROBUS.

How can I apply for a car loan for the Urvan MICROBUS in the UAE?

To apply for a car loan in the UAE, you typically need to visit a bank or an online financial platform, provide necessary documentation such as proof of income, residence, and identity, and fill out an application form.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments may lower it. It's essential to maintain a good payment history.

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 terms, any additional fees, and the total cost of borrowing. Compare offers from different lenders to find the best deal.

What factors can influence the loan interest rate for the Urvan MICROBUS?

Factors that can influence the loan interest rate include your credit score, the loan amount, the loan term, the bank's lending policies, and current market conditions.

CarteaCar Loan Calculator

Urvan MICROBUS 4 DOORS, 13 SEATER M/T, HIGH ROOF Car Loan Calculator in UAE

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

Monthly Payment

AED 7,717

Down Payment

AED 22,900

Total Cost

AED 115,504

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,717	AED 84,887
2	AED 7,717	AED 77,170
3	AED 7,717	AED 69,453
4	AED 7,717	AED 61,736
5	AED 7,717	AED 54,019
6	AED 7,717	AED 46,302
7	AED 7,717	AED 38,585
8	AED 7,717	AED 30,868
9	AED 7,717	AED 23,151
10	AED 7,717	AED 15,434
11	AED 7,717	AED 7,717
12	AED 7,717	AED 0

Monthly Payment Composition

Interest: 84

Principal: 7633

Urvan MICROBUS 4 DOORS, 13 SEATER M/T, HIGH ROOF Car Loan Calculator FAQs in UAE

In the UAE, banks and financial institutions offer various loan options for purchasing vehicles, including fixed and variable interest rates, long-term and short-term loans, and specific packages for commercial vehicles like the Urvan MICROBUS.
To apply for a car loan in the UAE, you typically need to visit a bank or an online financial platform, provide necessary documentation such as proof of income, residence, and identity, and fill out an application form.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments may lower it. It's essential to maintain a good payment history.
When applying for a car loan, be aware of the interest rates, loan terms, any additional fees, and the total cost of borrowing. Compare offers from different lenders to find the best deal.
Factors that can influence the loan interest rate include your credit score, the loan amount, the loan term, the bank's lending policies, and current market conditions.