What are the eligibility criteria for a car loan for the Renault Duster 2018 in Bahrain?

To be eligible for a car loan in Bahrain, you typically need to be a resident, have a stable income, and meet the minimum credit score requirements set by the bank.

How do I apply for a car loan for the Renault Duster in Bahrain?

You can apply for a car loan by visiting a bank branch, filling out an application form, and providing the necessary documents such as proof of income and identification.

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

Yes, taking a car loan can affect your credit score as it shows lenders your ability to manage debt. Timely payments can improve your score, while missed payments can lower it.

What factors can influence the interest rate on my car loan in Bahrain?

Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the bank's current rate policies.

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

You will typically need to provide identification documents, proof of income, bank statements, and details of the vehicle you wish to purchase.

CarteaCar Loan Calculator

Renault Duster 2018 2.0L PE (4x2) 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

Renault Duster 2018 2.0L PE (4x2) Car Loan Calculator FAQs in Bahrain

To be eligible for a car loan in Bahrain, you typically need to be a resident, have a stable income, and meet the minimum credit score requirements set by the bank.
You can apply for a car loan by visiting a bank branch, filling out an application form, and providing the necessary documents such as proof of income and identification.
Yes, taking a car loan can affect your credit score as it shows lenders your ability to manage debt. Timely payments can improve your score, while missed payments can lower it.
Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the bank's current rate policies.
You will typically need to provide identification documents, proof of income, bank statements, and details of the vehicle you wish to purchase.