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Renault Megane 2020 1.6L SE 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 412

Down Payment

BHD 1,220

Total Cost

BHD 6,164

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 412BHD 4,532
2BHD 412BHD 4,120
3BHD 412BHD 3,708
4BHD 412BHD 3,296
5BHD 412BHD 2,884
6BHD 412BHD 2,472
7BHD 412BHD 2,060
8BHD 412BHD 1,648
9BHD 412BHD 1,236
10BHD 412BHD 824
11BHD 412BHD 412
12BHD 412BHD 0

Monthly Payment Composition

Interest: 6
Principal: 406

Renault Megane 2020 1.6L SE Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose between traditional bank loans, Islamic financing options, and dealer financing for the Renault Megane 2020 1.6L SE.

You can apply for a car loan by visiting a bank or a financing institution in Bahrain, providing necessary documentation such as your ID, proof of income, and vehicle details.

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

Consider the interest rates, loan terms, your monthly budget, and any additional fees or insurance costs before taking a loan.

Factors include your credit score, the loan amount, the repayment period, and the current economic conditions in Bahrain.