RAV4 2.5L (2WD) VX Car Loan Calculator in OMAN

To be eligible for a car loan, you typically need to be at least 21 years old, have a steady income, a good credit history, and provide necessary documents like ID, proof of income, and residency.

Taking a loan can impact your credit score positively if you make timely payments, but missed payments can lower your score.

Factors influencing the interest rate include your credit score, loan amount, loan term, and the current market conditions.

You will typically need to provide your ID, proof of income (like salary slips), bank statements, and sometimes a utility bill for address verification.

Yes, you may encounter processing fees, insurance costs, and possibly early repayment penalties, so it's important to read the loan agreement carefully.