What are the loan options available for purchasing a Suzuki Grand Vitara 2019 2.4L DLX (5 Door) in Oman?

In Oman, banks offer various loan options for purchasing a Suzuki Grand Vitara, including fixed-rate and variable-rate loans, with terms typically ranging from 1 to 7 years.

How do I apply for a car loan for the Suzuki Grand Vitara?

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as ID, income proof, and the vehicle details, and fill out the application form.

Will taking a loan for the Suzuki Grand Vitara affect my credit score?

Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I be aware of when taking out a loan for a car?

You should be aware of the interest rates, loan terms, total cost of the loan, and any additional fees that may apply. It’s also important to check your eligibility and the bank’s requirements.

What factors influence the loan interest rates in Oman?

Factors influencing loan interest rates include the central bank's policy, inflation rates, the borrower’s credit history, and the overall economic conditions in Oman.

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Suzuki Grand Vitara 2019 2.4L DLX (5 Door) Car Loan Calculator in OMAN

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

Monthly Payment

OMR 661

Down Payment

OMR 1,960

Total Cost

OMR 9,892

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 661	OMR 7,271
2	OMR 661	OMR 6,610
3	OMR 661	OMR 5,949
4	OMR 661	OMR 5,288
5	OMR 661	OMR 4,627
6	OMR 661	OMR 3,966
7	OMR 661	OMR 3,305
8	OMR 661	OMR 2,644
9	OMR 661	OMR 1,983
10	OMR 661	OMR 1,322
11	OMR 661	OMR 661
12	OMR 661	OMR 0

Monthly Payment Composition

Interest: 8

Principal: 653

Suzuki Grand Vitara 2019 2.4L DLX (5 Door) Car Loan Calculator FAQs in Oman

In Oman, banks offer various loan options for purchasing a Suzuki Grand Vitara, including fixed-rate and variable-rate loans, with terms typically ranging from 1 to 7 years.
To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as ID, income proof, and the vehicle details, and fill out the application form.
Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
You should be aware of the interest rates, loan terms, total cost of the loan, and any additional fees that may apply. It’s also important to check your eligibility and the bank’s requirements.
Factors influencing loan interest rates include the central bank's policy, inflation rates, the borrower’s credit history, and the overall economic conditions in Oman.