What is the car loan process for purchasing a Suzuki Dzire 2019 1.2L GL in Oman?

The car loan process typically involves choosing a bank, submitting your application along with required documents, such as income proof and identification, and awaiting approval.

Will taking a loan for a Suzuki Dzire impact my credit score?

Yes, taking a loan can impact your credit score, especially if you miss payments or default, as it may reflect negatively on your credit history.

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

Consider your credit score, the loan interest rates offered, the loan term length, and any additional fees or charges that may apply.

How does the loan interest rate affect my monthly payments?

A higher interest rate will increase your monthly payments, while a lower interest rate will reduce them, impacting the total amount paid over the life of the loan.

What documents are required to secure a car loan for a Suzuki Dzire in Oman?

Typically, you will need proof of income, identification, proof of residence, and details about the vehicle you wish to purchase.

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Suzuki Dzire 2019 1.2L GL Car Loan Calculator in OMAN

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

Monthly Payment

OMR 297

Down Payment

OMR 880

Total Cost

OMR 4,444

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 297	OMR 3,267
2	OMR 297	OMR 2,970
3	OMR 297	OMR 2,673
4	OMR 297	OMR 2,376
5	OMR 297	OMR 2,079
6	OMR 297	OMR 1,782
7	OMR 297	OMR 1,485
8	OMR 297	OMR 1,188
9	OMR 297	OMR 891
10	OMR 297	OMR 594
11	OMR 297	OMR 297
12	OMR 297	OMR 0

Monthly Payment Composition

Interest: 4

Principal: 293

Suzuki Dzire 2019 1.2L GL Car Loan Calculator FAQs in Oman

The car loan process typically involves choosing a bank, submitting your application along with required documents, such as income proof and identification, and awaiting approval.
Yes, taking a loan can impact your credit score, especially if you miss payments or default, as it may reflect negatively on your credit history.
Consider your credit score, the loan interest rates offered, the loan term length, and any additional fees or charges that may apply.
A higher interest rate will increase your monthly payments, while a lower interest rate will reduce them, impacting the total amount paid over the life of the loan.
Typically, you will need proof of income, identification, proof of residence, and details about the vehicle you wish to purchase.