What are the eligibility criteria for a car loan for Yaris 1.5L G in UAE?

Eligibility typically includes being a resident of UAE, having a stable income, and a good credit score.

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

A car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact it.

You typically need a copy of your Emirates ID, salary certificate, bank statements, and proof of residency.

Interest rates can be influenced by the central bank rates, your credit score, and the loan amount.

Many banks allow early repayment without penalties, but you should check with your lender for specific terms.

CarteaCar Loan Calculator

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

AED 4,981

AED 14,780

AED 74,552

Interest: 55

Principal: 4926

Eligibility typically includes being a resident of UAE, having a stable income, and a good credit score.
A car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact it.
You typically need a copy of your Emirates ID, salary certificate, bank statements, and proof of residency.
Interest rates can be influenced by the central bank rates, your credit score, and the loan amount.
Many banks allow early repayment without penalties, but you should check with your lender for specific terms.