Suzuki Ciaz 2024 1.5L GL Car Loan Calculator in OMAN

To apply for a car loan, you typically need to provide proof of income, identification documents, and a completed application form. Some banks may also require a down payment.

Taking a car loan can affect your credit score positively if you make payments on time. However, missing payments can negatively impact your score.

Interest rates for car loans vary by bank but typically range from 4% to 7% annually. It's best to check with specific banks for their current rates.

Factors that can affect loan approval include your credit history, income level, employment stability, and the amount of the down payment.

Consider your budget, the total cost of the loan including interest, your ability to make monthly payments, and any additional fees that might be associated with the loan.