What are the loan options available for purchasing the Suzuki Ertiga 2023 1.5L GL in Oman?

In Oman, you can choose from various loan options including traditional bank loans, financing through dealerships, and personal loans. It's advisable to compare interest rates and terms before deciding.

How can I apply for a car loan for the Suzuki Ertiga 2023 in Oman?

You can apply for a car loan by visiting a bank or financial institution, submitting the required documents such as income proof, ID, and vehicle details, and filling out the application form.

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

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it. It's important to manage your repayments carefully.

What should I consider before taking a car loan in Oman?

Consider the total cost of the loan including interest rates, loan tenure, your monthly budget, and any additional fees. Also, check the lender’s reputation and customer reviews.

What factors can affect the interest rate on a car loan in Oman?

Interest rates on car loans can be affected by factors such as your credit score, the loan amount, the loan term, the bank's policies, and prevailing market conditions.

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Suzuki Ertiga 2023 1.5L GL Car Loan Calculator in OMAN

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

Monthly Payment

OMR 385

Down Payment

OMR 1,140

Total Cost

OMR 5,760

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 385	OMR 4,235
2	OMR 385	OMR 3,850
3	OMR 385	OMR 3,465
4	OMR 385	OMR 3,080
5	OMR 385	OMR 2,695
6	OMR 385	OMR 2,310
7	OMR 385	OMR 1,925
8	OMR 385	OMR 1,540
9	OMR 385	OMR 1,155
10	OMR 385	OMR 770
11	OMR 385	OMR 385
12	OMR 385	OMR 0

Monthly Payment Composition

Interest: 5

Principal: 380

Suzuki Ertiga 2023 1.5L GL Car Loan Calculator FAQs in Oman

In Oman, you can choose from various loan options including traditional bank loans, financing through dealerships, and personal loans. It's advisable to compare interest rates and terms before deciding.
You can apply for a car loan by visiting a bank or financial institution, submitting the required documents such as income proof, ID, and vehicle details, and filling out the application form.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it. It's important to manage your repayments carefully.
Consider the total cost of the loan including interest rates, loan tenure, your monthly budget, and any additional fees. Also, check the lender’s reputation and customer reviews.
Interest rates on car loans can be affected by factors such as your credit score, the loan amount, the loan term, the bank's policies, and prevailing market conditions.