What is the car loan process for purchasing a Nissan Urvan 2024 3-Seater Automatic in Oman?

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and then signing the loan agreement upon approval.

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

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

What should I consider before applying for a car loan in Oman?

Consider your budget, the total cost of the vehicle, interest rates, loan terms, and the repayment plan.

What factors can influence the interest rate of my car loan in Oman?

Factors include your credit score, the loan amount, the loan term, and the bank's current interest rates.

Is it better to get a loan from a bank or a car dealership in Oman?

It depends on the terms offered. Banks may have lower interest rates, while dealerships might offer convenience or special promotions.

CarteaCar Loan Calculator

Nissan Urvan 2024 3-Seater Automatic (4-Door) Car Loan Calculator in OMAN

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

Monthly Payment

OMR 553

Down Payment

OMR 1,640

Total Cost

OMR 8,276

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 553	OMR 6,083
2	OMR 553	OMR 5,530
3	OMR 553	OMR 4,977
4	OMR 553	OMR 4,424
5	OMR 553	OMR 3,871
6	OMR 553	OMR 3,318
7	OMR 553	OMR 2,765
8	OMR 553	OMR 2,212
9	OMR 553	OMR 1,659
10	OMR 553	OMR 1,106
11	OMR 553	OMR 553
12	OMR 553	OMR 0

Monthly Payment Composition

Interest: 7

Principal: 546

Nissan Urvan 2024 3-Seater Automatic (4-Door) Car Loan Calculator FAQs in Oman

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and then signing the loan agreement upon approval.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Consider your budget, the total cost of the vehicle, interest rates, loan terms, and the repayment plan.
Factors include your credit score, the loan amount, the loan term, and the bank's current interest rates.
It depends on the terms offered. Banks may have lower interest rates, while dealerships might offer convenience or special promotions.