What are the available loan options for purchasing a Renault Koleos 2020 2.5L LE (4WD) in Oman?

In Oman, you can choose from various loan options including conventional auto loans, Islamic financing, and personal loans offered by banks.

How do I apply for a car loan to buy a Renault Koleos in Oman?

To apply for a car loan, you need to visit your preferred bank, complete an application form, provide necessary documents such as your ID, salary certificate, and the vehicle details.

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

Yes, taking a car loan can affect your credit score as it increases your credit utilization and adds to your credit history.

What factors should I consider before taking a car loan?

Consider factors such as the interest rate, loan tenure, monthly installments, your financial situation, and whether the loan terms are favorable.

What are the factors that can affect the loan interest rates in Oman?

Factors include the central bank's interest rate policy, your credit score, the loan amount, and the tenure of the loan.

CarteaCar Loan Calculator

Renault Koleos 2020 2.5L LE (4WD) Car Loan Calculator in OMAN

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

Monthly Payment

OMR 654

Down Payment

OMR 1,940

Total Cost

OMR 9,788

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 654	OMR 7,194
2	OMR 654	OMR 6,540
3	OMR 654	OMR 5,886
4	OMR 654	OMR 5,232
5	OMR 654	OMR 4,578
6	OMR 654	OMR 3,924
7	OMR 654	OMR 3,270
8	OMR 654	OMR 2,616
9	OMR 654	OMR 1,962
10	OMR 654	OMR 1,308
11	OMR 654	OMR 654
12	OMR 654	OMR 0

Monthly Payment Composition

Interest: 8

Principal: 646

Renault Koleos 2020 2.5L LE (4WD) Car Loan Calculator FAQs in Oman

In Oman, you can choose from various loan options including conventional auto loans, Islamic financing, and personal loans offered by banks.
To apply for a car loan, you need to visit your preferred bank, complete an application form, provide necessary documents such as your ID, salary certificate, and the vehicle details.
Yes, taking a car loan can affect your credit score as it increases your credit utilization and adds to your credit history.
Consider factors such as the interest rate, loan tenure, monthly installments, your financial situation, and whether the loan terms are favorable.
Factors include the central bank's interest rate policy, your credit score, the loan amount, and the tenure of the loan.