What are the loan options available for purchasing a Hyundai Accent 2022 1.4L Base in Bahrain?

In Bahrain, you can choose between various loan options such as conventional loans, Islamic financing, and personal loans specifically designed for car purchases.

How can I apply for a car loan for the Hyundai Accent 2022?

You can apply for a car loan by visiting your bank or financial institution, filling out an application form, and providing necessary documents such as ID, salary slips, and proof of residence.

Will taking out a car loan affect my credit score?

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

What should I consider before applying for a car loan?

Consider your budget, interest rates, loan terms, and any additional fees. It's also important to check your eligibility and the bank's requirements.

What factors can affect the loan interest rate in Bahrain?

Factors include your credit score, the loan amount, the duration of the loan, and the bank's current policies and economic conditions.

CarteaCar Loan Calculator

Hyundai Accent 2022 1.4L Base Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 358

Down Payment

BHD 1,060

Total Cost

BHD 5,356

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 358	BHD 3,938
2	BHD 358	BHD 3,580
3	BHD 358	BHD 3,222
4	BHD 358	BHD 2,864
5	BHD 358	BHD 2,506
6	BHD 358	BHD 2,148
7	BHD 358	BHD 1,790
8	BHD 358	BHD 1,432
9	BHD 358	BHD 1,074
10	BHD 358	BHD 716
11	BHD 358	BHD 358
12	BHD 358	BHD 0

Monthly Payment Composition

Interest: 5

Principal: 353

Hyundai Accent 2022 1.4L Base Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose between various loan options such as conventional loans, Islamic financing, and personal loans specifically designed for car purchases.
You can apply for a car loan by visiting your bank or financial institution, filling out an application form, and providing necessary documents such as ID, salary slips, and proof of residence.
Yes, taking out a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Consider your budget, interest rates, loan terms, and any additional fees. It's also important to check your eligibility and the bank's requirements.
Factors include your credit score, the loan amount, the duration of the loan, and the bank's current policies and economic conditions.