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Suzuki Ciaz 2023 1.5L GL 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 398

Down Payment

BHD 1,180

Total Cost

BHD 5,956

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 398BHD 4,378
2BHD 398BHD 3,980
3BHD 398BHD 3,582
4BHD 398BHD 3,184
5BHD 398BHD 2,786
6BHD 398BHD 2,388
7BHD 398BHD 1,990
8BHD 398BHD 1,592
9BHD 398BHD 1,194
10BHD 398BHD 796
11BHD 398BHD 398
12BHD 398BHD 0

Monthly Payment Composition

Interest: 5
Principal: 393

Suzuki Ciaz 2023 1.5L GL Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various financing options such as bank loans, credit unions, or dealership financing. Banks typically offer personal loans specifically for vehicle purchases.

To apply for a car loan, you need to visit a bank or financial institution, fill out an application form, provide necessary documents such as proof of income, and your identification, and submit it for approval.

Yes, taking a loan can affect your credit score in Bahrain. Timely payments can improve your score, while missed or late payments can negatively impact it.

Before taking a car loan, consider the interest rate, loan term, monthly payment amounts, and your overall financial situation to ensure you can handle the repayments comfortably.

Factors that can affect your car loan interest rate include your credit score, loan amount, loan term, and the financial institution's current rates.