What are the eligibility requirements for a car loan for the TATA Xenon 2021 Double Cab 4x4 in KSA?

To be eligible for a car loan in KSA, you typically need to be at least 21 years old, have a stable income, and be a resident of the country. Additional requirements may include a good credit history and proof of identity.

How does taking a car loan impact my credit score in KSA?

Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score. It's important to manage your repayments responsibly.

What documents do I need to apply for a car loan for the TATA Xenon 2021?

Typically, you will need to provide identification documents, proof of income (like salary slips), bank statements, and details of the vehicle you wish to purchase.

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

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the current market rates. A higher credit score typically results in a lower interest rate.

What should I consider before finalizing my car loan for the TATA Xenon?

Before finalizing your car loan, consider the total cost of the loan, including interest, any fees, the loan terms, and your ability to make monthly payments. Make sure to read the terms and conditions carefully.

CarteaCar Loan Calculator

TATA Xenon 2021 Double Cab 4x4 Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,374

Down Payment

SAR 12,980

Total Cost

SAR 65,468

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,374	SAR 48,114
2	SAR 4,374	SAR 43,740
3	SAR 4,374	SAR 39,366
4	SAR 4,374	SAR 34,992
5	SAR 4,374	SAR 30,618
6	SAR 4,374	SAR 26,244
7	SAR 4,374	SAR 21,870
8	SAR 4,374	SAR 17,496
9	SAR 4,374	SAR 13,122
10	SAR 4,374	SAR 8,748
11	SAR 4,374	SAR 4,374
12	SAR 4,374	SAR 0

Monthly Payment Composition

Interest: 48

Principal: 4326

TATA Xenon 2021 Double Cab 4x4 Car Loan Calculator FAQs in KSA

To be eligible for a car loan in KSA, you typically need to be at least 21 years old, have a stable income, and be a resident of the country. Additional requirements may include a good credit history and proof of identity.
Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score. It's important to manage your repayments responsibly.
Typically, you will need to provide identification documents, proof of income (like salary slips), bank statements, and details of the vehicle you wish to purchase.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the current market rates. A higher credit score typically results in a lower interest rate.
Before finalizing your car loan, consider the total cost of the loan, including interest, any fees, the loan terms, and your ability to make monthly payments. Make sure to read the terms and conditions carefully.