What are the interest rates for a loan on the Peugeot 301 2019 1.6L Allure (6 AT) in Bahrain?

Interest rates for car loans in Bahrain typically range from 3% to 6%, depending on the bank and your credit score.

How do I apply for a car loan for the Peugeot 301 in Bahrain?

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like your ID, salary slips, and vehicle details.

Will taking a loan for the Peugeot 301 affect my credit score in Bahrain?

Yes, taking a loan will impact your credit score, especially if you miss payments. It's important to manage your repayments responsibly.

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

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

What factors influence car loan interest rates in Bahrain?

Factors include your credit score, loan amount, repayment term, and the bank’s policies.

CarteaCar Loan Calculator

Peugeot 301 2019 1.6L Allure (6 AT) Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 405

Down Payment

BHD 1,200

Total Cost

BHD 6,060

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 405	BHD 4,455
2	BHD 405	BHD 4,050
3	BHD 405	BHD 3,645
4	BHD 405	BHD 3,240
5	BHD 405	BHD 2,835
6	BHD 405	BHD 2,430
7	BHD 405	BHD 2,025
8	BHD 405	BHD 1,620
9	BHD 405	BHD 1,215
10	BHD 405	BHD 810
11	BHD 405	BHD 405
12	BHD 405	BHD 0

Monthly Payment Composition

Interest: 5

Principal: 400

Peugeot 301 2019 1.6L Allure (6 AT) Car Loan Calculator FAQs in Bahrain

Interest rates for car loans in Bahrain typically range from 3% to 6%, depending on the bank and your credit score.
You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like your ID, salary slips, and vehicle details.
Yes, taking a loan will impact your credit score, especially if you miss payments. It's important to manage your repayments responsibly.
Typically, you will need to provide your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.
Factors include your credit score, loan amount, repayment term, and the bank’s policies.