Volkswagen Passat 2014 2.5L SE Car Loan Calculator in UAE

To apply for a car loan, you will need to approach a bank or financial institution, provide required documents such as proof of income, ID, and vehicle details, and fill out an application form.

Yes, taking out a loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.

Interest rates for car loans in the UAE typically range from 3% to 6%, depending on the bank and your credit profile.

You will typically need to provide your Emirates ID, proof of income, bank statements, and details of the vehicle.

Factors include your credit history, income level, the amount of the loan, and the vehicle's value.