What are the requirements to apply for a car loan for the TATA Xenon 2021 Double Cab 4x2 in KSA?

To apply for a car loan, you typically need to provide proof of income, a valid ID, residency proof, and details of the vehicle you intend to purchase.

Will taking a loan for the TATA Xenon 2021 affect my credit score?

Yes, taking out a loan can impact your credit score, as it reflects your credit utilization and payment history.

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

Factors include your credit score, the loan term, the amount being financed, and current market interest rates.

How can I improve my chances of getting approved for a loan?

Improving your credit score, stabilizing your income, and reducing existing debts can enhance your chances of loan approval.

What should I watch out for when signing a car loan agreement?

Make sure to review the interest rate, repayment terms, any hidden fees, and the total cost of the loan over its lifetime.

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TATA Xenon 2021 Double Cab 4x2 Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,625

Down Payment

SAR 10,758

Total Cost

SAR 54,258

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,625	SAR 39,875
2	SAR 3,625	SAR 36,250
3	SAR 3,625	SAR 32,625
4	SAR 3,625	SAR 29,000
5	SAR 3,625	SAR 25,375
6	SAR 3,625	SAR 21,750
7	SAR 3,625	SAR 18,125
8	SAR 3,625	SAR 14,500
9	SAR 3,625	SAR 10,875
10	SAR 3,625	SAR 7,250
11	SAR 3,625	SAR 3,625
12	SAR 3,625	SAR 0

Monthly Payment Composition

Interest: 39

Principal: 3586

TATA Xenon 2021 Double Cab 4x2 Car Loan Calculator FAQs in KSA

To apply for a car loan, you typically need to provide proof of income, a valid ID, residency proof, and details of the vehicle you intend to purchase.
Yes, taking out a loan can impact your credit score, as it reflects your credit utilization and payment history.
Factors include your credit score, the loan term, the amount being financed, and current market interest rates.
Improving your credit score, stabilizing your income, and reducing existing debts can enhance your chances of loan approval.
Make sure to review the interest rate, repayment terms, any hidden fees, and the total cost of the loan over its lifetime.