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Nissan Kicks 2023 1.6 SV Car Loan Calculator in BAHRAIN

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

select car *

car price (BHD)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

BHD 580

Down Payment

BHD 1,719

Total Cost

BHD 8,679

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 580BHD 6,380
2BHD 580BHD 5,800
3BHD 580BHD 5,220
4BHD 580BHD 4,640
5BHD 580BHD 4,060
6BHD 580BHD 3,480
7BHD 580BHD 2,900
8BHD 580BHD 2,320
9BHD 580BHD 1,740
10BHD 580BHD 1,160
11BHD 580BHD 580
12BHD 580BHD 0

Monthly Payment Composition

Interest: 7
Principal: 573

Nissan Kicks 2023 1.6 SV Car Loan Calculator FAQs in Bahrain

To obtain a car loan for the Nissan Kicks 2023 1.6 SV in Bahrain, you need to approach a bank or financial institution, provide necessary documents like income proof and identification, and fill out a loan application. The bank will evaluate your creditworthiness and offer you the loan terms.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it. It's important to manage your loan responsibly.

Consider your income level, existing debts, loan terms (interest rates, duration), and your credit score. It's also wise to compare offers from different banks to find the best deal.

Interest rates for car loans in Bahrain typically range from 4% to 8%, depending on the bank and your creditworthiness. Always check the specific terms before committing.

To improve your chances, maintain a good credit score, reduce existing debts, provide proof of stable income, and ensure you have a down payment ready. Being well-prepared can make a difference.