What is the procedure to apply for a car loan for the Nissan Kicks 2021 1.6 SL in Qatar?

You can apply for a car loan by visiting a bank or financial institution in Qatar. You will need to provide documents such as a valid ID, proof of income, and details of the vehicle.

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

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

What factors influence the interest rate for a car loan in Qatar?

Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the bank's policies.

What should I consider before taking a car loan for a Nissan Kicks 2021 1.6 SL?

Consider your ability to repay the loan, the total cost of the vehicle including interest, and whether you can afford the monthly payments.

What documents do I need to provide when applying for a car loan in Qatar?

You typically need to provide identification, proof of income, bank statements, and vehicle details.

CarteaCar Loan Calculator

Nissan Kicks 2021 1.6 SL Car Loan Calculator in QATAR

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

Monthly Payment

QAR 5,594

Down Payment

QAR 16,600

Total Cost

QAR 83,728

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	QAR 5,594	QAR 61,534
2	QAR 5,594	QAR 55,940
3	QAR 5,594	QAR 50,346
4	QAR 5,594	QAR 44,752
5	QAR 5,594	QAR 39,158
6	QAR 5,594	QAR 33,564
7	QAR 5,594	QAR 27,970
8	QAR 5,594	QAR 22,376
9	QAR 5,594	QAR 16,782
10	QAR 5,594	QAR 11,188
11	QAR 5,594	QAR 5,594
12	QAR 5,594	QAR 0

Monthly Payment Composition

Interest: 61

Principal: 5533

Nissan Kicks 2021 1.6 SL Car Loan Calculator FAQs in Qatar

You can apply for a car loan by visiting a bank or financial institution in Qatar. You will need to provide documents such as a valid ID, proof of income, and details of the vehicle.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.
Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the bank's policies.
Consider your ability to repay the loan, the total cost of the vehicle including interest, and whether you can afford the monthly payments.
You typically need to provide identification, proof of income, bank statements, and vehicle details.