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

In KSA, you can opt for various loan options such as conventional auto loans, Islamic financing, and personal loans from banks and financial institutions.

How do I apply for a car loan for a Suzuki Baleno 2018 in KSA?

To apply for a car loan, you need to gather necessary documents like your ID, income proof, and bank statements, then visit a bank or apply online through their website.

Does taking a car loan affect my credit score in KSA?

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

What should I be aware of when taking a car loan for a Suzuki Baleno?

Be aware of the interest rates, loan terms, and any additional fees. Also, ensure you understand the total cost of the loan over its duration.

What factors can affect the loan interest rate for a car loan in KSA?

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

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Suzuki Baleno 2018 1.4L GLX Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,055

Down Payment

SAR 15,000

Total Cost

SAR 75,660

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,055	SAR 55,605
2	SAR 5,055	SAR 50,550
3	SAR 5,055	SAR 45,495
4	SAR 5,055	SAR 40,440
5	SAR 5,055	SAR 35,385
6	SAR 5,055	SAR 30,330
7	SAR 5,055	SAR 25,275
8	SAR 5,055	SAR 20,220
9	SAR 5,055	SAR 15,165
10	SAR 5,055	SAR 10,110
11	SAR 5,055	SAR 5,055
12	SAR 5,055	SAR 0

Monthly Payment Composition

Interest: 55

Principal: 5000

Suzuki Baleno 2018 1.4L GLX Car Loan Calculator FAQs in KSA

In KSA, you can opt for various loan options such as conventional auto loans, Islamic financing, and personal loans from banks and financial institutions.
To apply for a car loan, you need to gather necessary documents like your ID, income proof, and bank statements, then visit a bank or apply online through their website.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, and any additional fees. Also, ensure you understand the total cost of the loan over its duration.
Factors include your credit score, the loan amount, loan duration, and the bank's current interest rates.