What is the typical car loan interest rate for a Peugeot 208 2018 Active Plus in Bahrain?

The typical interest rate for a car loan in Bahrain can range from 4% to 7%, depending on the bank and the borrower's credit profile.

How can I apply for a car loan for the Peugeot 208 2018 Active Plus in Bahrain?

You can apply for a car loan by visiting a bank branch, using their online banking portal, or contacting a loan officer for assistance.

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

Yes, taking a car loan can impact your credit score, especially if you make timely payments. However, missing payments can negatively affect your score.

What documents do I need to provide for a car loan application in Bahrain?

Typically, you will need to provide proof of identity, proof of income, bank statements, and details about the vehicle you wish to purchase.

What factors can influence the loan amount and interest rate for a Peugeot 208 2018 Active Plus?

Factors include your credit score, income level, existing debts, and the overall economic conditions in Bahrain.

CarteaCar Loan Calculator

Peugeot 208 2018 Active Plus Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 439

Down Payment

BHD 1,300

Total Cost

BHD 6,568

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 439	BHD 4,829
2	BHD 439	BHD 4,390
3	BHD 439	BHD 3,951
4	BHD 439	BHD 3,512
5	BHD 439	BHD 3,073
6	BHD 439	BHD 2,634
7	BHD 439	BHD 2,195
8	BHD 439	BHD 1,756
9	BHD 439	BHD 1,317
10	BHD 439	BHD 878
11	BHD 439	BHD 439
12	BHD 439	BHD 0

Monthly Payment Composition

Interest: 6

Principal: 433

Peugeot 208 2018 Active Plus Car Loan Calculator FAQs in Bahrain

The typical interest rate for a car loan in Bahrain can range from 4% to 7%, depending on the bank and the borrower's credit profile.
You can apply for a car loan by visiting a bank branch, using their online banking portal, or contacting a loan officer for assistance.
Yes, taking a car loan can impact your credit score, especially if you make timely payments. However, missing payments can negatively affect your score.
Typically, you will need to provide proof of identity, proof of income, bank statements, and details about the vehicle you wish to purchase.
Factors include your credit score, income level, existing debts, and the overall economic conditions in Bahrain.