What are the available car loan options for purchasing a Suzuki Swift 2020 1.2L GL in Oman?

In Oman, you can find various car loan options from banks and financial institutions, typically offering competitive interest rates, flexible repayment terms, and financing up to 80-100% of the car's value.

How does taking a loan for the Suzuki Swift 2020 affect my credit score?

Taking a car loan can impact your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, while missed payments can lower it.

What documents are required to apply for a car loan for the Suzuki Swift 2020?

You typically need to provide identification, proof of income, bank statements, and details of the vehicle, including its price and registration.

What factors can influence the interest rate on my car loan for the Suzuki Swift 2020?

Interest rates can be influenced by your credit score, the loan amount, repayment duration, the bank's policies, and the overall economic environment.

Are there any hidden fees associated with taking a loan for the Suzuki Swift 2020?

Yes, there might be processing fees, insurance costs, or early repayment penalties. It's essential to read the loan agreement carefully for any hidden charges.

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Suzuki Swift 2020 1.2L GL Car Loan Calculator in OMAN

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

Monthly Payment

OMR 351

Down Payment

OMR 1,040

Total Cost

OMR 5,252

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 351	OMR 3,861
2	OMR 351	OMR 3,510
3	OMR 351	OMR 3,159
4	OMR 351	OMR 2,808
5	OMR 351	OMR 2,457
6	OMR 351	OMR 2,106
7	OMR 351	OMR 1,755
8	OMR 351	OMR 1,404
9	OMR 351	OMR 1,053
10	OMR 351	OMR 702
11	OMR 351	OMR 351
12	OMR 351	OMR 0

Monthly Payment Composition

Interest: 5

Principal: 346

Suzuki Swift 2020 1.2L GL Car Loan Calculator FAQs in Oman

In Oman, you can find various car loan options from banks and financial institutions, typically offering competitive interest rates, flexible repayment terms, and financing up to 80-100% of the car's value.
Taking a car loan can impact your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, while missed payments can lower it.
You typically need to provide identification, proof of income, bank statements, and details of the vehicle, including its price and registration.
Interest rates can be influenced by your credit score, the loan amount, repayment duration, the bank's policies, and the overall economic environment.
Yes, there might be processing fees, insurance costs, or early repayment penalties. It's essential to read the loan agreement carefully for any hidden charges.