What are the eligibility criteria for obtaining a car loan for the Jeep Renegade 2020 2.4L Longitude 4x2 in Oman?

To be eligible for a car loan in Oman, you typically need to be at least 21 years old, have a stable income, and provide necessary documentation such as proof of residency and identification.

How do I apply for a car loan for the Jeep Renegade in Oman?

You can apply for a car loan by visiting the bank's branch, filling out an application form, and submitting the required documents including your financial information.

Will taking a car loan affect my credit score in Oman?

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

What factors should I consider when taking a car loan for the Jeep Renegade?

Consider the interest rate, loan term, your repayment ability, and any additional fees associated with the loan.

What factors can affect the loan interest rates in Oman?

Loan interest rates can be affected by the central bank's policy, inflation rates, and your personal credit history.

CarteaCar Loan Calculator

Jeep Renegade 2020 2.4L Longitude 4x2 Car Loan Calculator in OMAN

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

Monthly Payment

OMR 583

Down Payment

OMR 1,730

Total Cost

OMR 8,726

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 583	OMR 6,413
2	OMR 583	OMR 5,830
3	OMR 583	OMR 5,247
4	OMR 583	OMR 4,664
5	OMR 583	OMR 4,081
6	OMR 583	OMR 3,498
7	OMR 583	OMR 2,915
8	OMR 583	OMR 2,332
9	OMR 583	OMR 1,749
10	OMR 583	OMR 1,166
11	OMR 583	OMR 583
12	OMR 583	OMR 0

Monthly Payment Composition

Interest: 7

Principal: 576

Jeep Renegade 2020 2.4L Longitude 4x2 Car Loan Calculator FAQs in Oman

To be eligible for a car loan in Oman, you typically need to be at least 21 years old, have a stable income, and provide necessary documentation such as proof of residency and identification.
You can apply for a car loan by visiting the bank's branch, filling out an application form, and submitting the required documents including your financial information.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
Consider the interest rate, loan term, your repayment ability, and any additional fees associated with the loan.
Loan interest rates can be affected by the central bank's policy, inflation rates, and your personal credit history.