What are the loan options available for purchasing a TATA Xenon 2018 2.1L Single Cab 4x2 in Oman?

In Oman, you can typically choose between bank loans, dealer financing, or personal loans. Each option has its own interest rates and terms, so it's important to compare them.

How do I apply for a car loan for the TATA Xenon 2018?

To apply for a car loan, you need to gather necessary documents such as identification, proof of income, and details of the vehicle. Then, approach your chosen bank or financial institution to submit your application.

Will taking a loan affect my credit score?

Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.

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

You should be aware of the interest rates, loan tenure, monthly repayments, and any hidden fees. It's also important to read the terms and conditions carefully.

What factors affect the loan interest rates in Oman?

Factors affecting loan interest rates in Oman include the central bank's policy, inflation rates, the borrower's credit history, and the amount of the loan.

CarteaCar Loan Calculator

TATA Xenon 2018 2.1L Single Cab 4x2 Car Loan Calculator in OMAN

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

Monthly Payment

OMR 290

Down Payment

OMR 860

Total Cost

OMR 4,340

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 290	OMR 3,190
2	OMR 290	OMR 2,900
3	OMR 290	OMR 2,610
4	OMR 290	OMR 2,320
5	OMR 290	OMR 2,030
6	OMR 290	OMR 1,740
7	OMR 290	OMR 1,450
8	OMR 290	OMR 1,160
9	OMR 290	OMR 870
10	OMR 290	OMR 580
11	OMR 290	OMR 290
12	OMR 290	OMR 0

Monthly Payment Composition

Interest: 4

Principal: 286

TATA Xenon 2018 2.1L Single Cab 4x2 Car Loan Calculator FAQs in Oman

In Oman, you can typically choose between bank loans, dealer financing, or personal loans. Each option has its own interest rates and terms, so it's important to compare them.
To apply for a car loan, you need to gather necessary documents such as identification, proof of income, and details of the vehicle. Then, approach your chosen bank or financial institution to submit your application.
Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.
You should be aware of the interest rates, loan tenure, monthly repayments, and any hidden fees. It's also important to read the terms and conditions carefully.
Factors affecting loan interest rates in Oman include the central bank's policy, inflation rates, the borrower's credit history, and the amount of the loan.