What are the loan options available for purchasing a Suzuki Baleno 2021 1.4L GL in Bahrain?

In Bahrain, you can choose from various banks and financial institutions that offer auto loans, including fixed and variable interest rates, with tenure options ranging from 1 to 5 years.

How do I apply for an auto loan for the Suzuki Baleno 2021 1.4L GL?

To apply for an auto loan, you typically need to provide personal identification, proof of income, and details about the vehicle. Most banks allow you to apply online or in-person.

Will taking an auto loan affect my credit score?

Yes, taking an auto loan can impact your credit score. Timely payments may improve your score, while missed payments can lower it.

What should I consider before taking an auto loan?

Consider the interest rates, loan tenure, monthly payments, your financial situation, and any additional fees that may be associated with the loan.

What factors can affect the loan interest rate for the Suzuki Baleno 2021 1.4L GL?

Factors include your credit score, the loan amount, the loan tenure, the bank's policies, and current market interest rates.

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Suzuki Baleno 2021 1.4L GL Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 324

Down Payment

BHD 960

Total Cost

BHD 4,848

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 324	BHD 3,564
2	BHD 324	BHD 3,240
3	BHD 324	BHD 2,916
4	BHD 324	BHD 2,592
5	BHD 324	BHD 2,268
6	BHD 324	BHD 1,944
7	BHD 324	BHD 1,620
8	BHD 324	BHD 1,296
9	BHD 324	BHD 972
10	BHD 324	BHD 648
11	BHD 324	BHD 324
12	BHD 324	BHD 0

Monthly Payment Composition

Interest: 4

Principal: 320

Suzuki Baleno 2021 1.4L GL Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various banks and financial institutions that offer auto loans, including fixed and variable interest rates, with tenure options ranging from 1 to 5 years.
To apply for an auto loan, you typically need to provide personal identification, proof of income, and details about the vehicle. Most banks allow you to apply online or in-person.
Yes, taking an auto loan can impact your credit score. Timely payments may improve your score, while missed payments can lower it.
Consider the interest rates, loan tenure, monthly payments, your financial situation, and any additional fees that may be associated with the loan.
Factors include your credit score, the loan amount, the loan tenure, the bank's policies, and current market interest rates.