What are the loan options available for purchasing a Suzuki Baleno 2018 1.4L GL in Bahrain?

In Bahrain, you can choose from various loan options offered by banks and financial institutions, including fixed-rate loans, variable-rate loans, and personal loans tailored for vehicle purchases.

How can I apply for a car loan for the Suzuki Baleno 2018?

You can apply for a car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as your ID, income proof, and vehicle quotation.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Making timely payments can improve your score, while missed payments can harm it.

What should I consider before taking a car loan?

You should consider the loan terms, interest rates, your monthly budget, and whether you can afford the repayments without straining your finances.

What factors can affect the interest rate on my car loan?

Factors that can affect the interest rate include your credit score, loan amount, loan term, and current market conditions.

CarteaCar Loan Calculator

Suzuki Baleno 2018 1.4L GL Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 304

Down Payment

BHD 900

Total Cost

BHD 4,548

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 304	BHD 3,344
2	BHD 304	BHD 3,040
3	BHD 304	BHD 2,736
4	BHD 304	BHD 2,432
5	BHD 304	BHD 2,128
6	BHD 304	BHD 1,824
7	BHD 304	BHD 1,520
8	BHD 304	BHD 1,216
9	BHD 304	BHD 912
10	BHD 304	BHD 608
11	BHD 304	BHD 304
12	BHD 304	BHD 0

Monthly Payment Composition

Interest: 4

Principal: 300

Suzuki Baleno 2018 1.4L GL Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various loan options offered by banks and financial institutions, including fixed-rate loans, variable-rate loans, and personal loans tailored for vehicle purchases.
You can apply for a car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as your ID, income proof, and vehicle quotation.
Yes, taking a car loan can affect your credit score. Making timely payments can improve your score, while missed payments can harm it.
You should consider the loan terms, interest rates, your monthly budget, and whether you can afford the repayments without straining your finances.
Factors that can affect the interest rate include your credit score, loan amount, loan term, and current market conditions.