What are the requirements to apply for a car loan for the Suzuki Ciaz 2024 1.5L GL 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.

How does taking a car loan affect my credit score in Oman?

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

What is the interest rate for a car loan for the Suzuki Ciaz 2024 in Oman?

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.

What factors can affect my car loan approval in Oman?

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

What should I consider before taking a car loan for the Suzuki Ciaz 2024?

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.

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Suzuki Ciaz 2024 1.5L GL Car Loan Calculator in OMAN

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

Monthly Payment

OMR 398

Down Payment

OMR 1,179

Total Cost

OMR 5,955

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 398	OMR 4,378
2	OMR 398	OMR 3,980
3	OMR 398	OMR 3,582
4	OMR 398	OMR 3,184
5	OMR 398	OMR 2,786
6	OMR 398	OMR 2,388
7	OMR 398	OMR 1,990
8	OMR 398	OMR 1,592
9	OMR 398	OMR 1,194
10	OMR 398	OMR 796
11	OMR 398	OMR 398
12	OMR 398	OMR 0

Monthly Payment Composition

Interest: 5

Principal: 393

Suzuki Ciaz 2024 1.5L GL Car Loan Calculator FAQs 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.