What are the available car loan options for purchasing a Toyota Corolla 2019 1.6L SE+ in Oman?

In Oman, you can choose from several banks offering car loans, including fixed-rate loans, flexible payment plans, and special offers for new cars.

How can I apply for a car loan for a Toyota Corolla 2019 1.6L SE+ in Oman?

You can apply for a car loan by visiting your chosen bank’s branch or their official website, filling out the application form, and providing necessary documents such as proof of income and identification.

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

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

What should I be aware of when applying for a car loan in Oman?

Be aware of the interest rates, loan tenure, additional fees, and the overall cost of the car including insurance and registration.

What factors can influence the loan interest rate for a car in Oman?

Factors include your credit history, the bank’s policies, the loan amount, and the duration of the loan.

CarteaCar Loan Calculator

Toyota Corolla 2019 1.6L SE+ Car Loan Calculator in OMAN

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

Monthly Payment

OMR 452

Down Payment

OMR 1,340

Total Cost

OMR 6,764

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 452	OMR 4,972
2	OMR 452	OMR 4,520
3	OMR 452	OMR 4,068
4	OMR 452	OMR 3,616
5	OMR 452	OMR 3,164
6	OMR 452	OMR 2,712
7	OMR 452	OMR 2,260
8	OMR 452	OMR 1,808
9	OMR 452	OMR 1,356
10	OMR 452	OMR 904
11	OMR 452	OMR 452
12	OMR 452	OMR 0

Monthly Payment Composition

Interest: 6

Principal: 446

Toyota Corolla 2019 1.6L SE+ Car Loan Calculator FAQs in Oman

In Oman, you can choose from several banks offering car loans, including fixed-rate loans, flexible payment plans, and special offers for new cars.
You can apply for a car loan by visiting your chosen bank’s branch or their official website, filling out the application form, and providing necessary documents such as proof of income and identification.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while late payments can lower it.
Be aware of the interest rates, loan tenure, additional fees, and the overall cost of the car including insurance and registration.
Factors include your credit history, the bank’s policies, the loan amount, and the duration of the loan.