What is the car loan for the Renault Duster 2020 1.6L H1 (4x2) in Egypt?

The car loan for the Renault Duster 2020 1.6L H1 (4x2) in Egypt typically ranges between 70% to 80% of the car's value, depending on the bank's policies.

How can I apply for a car loan for the Renault Duster 2020 in Egypt?

To apply for a car loan, you need to visit a bank or their website, fill out an application form, and provide necessary documents such as ID, income proof, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan will affect your credit score as it adds to your credit history. Timely payments can improve your score, while missed payments can lower it.

What should I be aware of when taking a car loan in Egypt?

Be aware of the interest rates, loan tenure, hidden fees, and terms of the loan. It's important to read the fine print before signing any agreement.

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

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the bank's current lending policies.

CarteaCar Loan Calculator

Renault Duster 2020 1.6L H1 (4x2) Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 20,353

Down Payment

EGP 60,400

Total Cost

EGP 304,636

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 20,353	EGP 223,883
2	EGP 20,353	EGP 203,530
3	EGP 20,353	EGP 183,177
4	EGP 20,353	EGP 162,824
5	EGP 20,353	EGP 142,471
6	EGP 20,353	EGP 122,118
7	EGP 20,353	EGP 101,765
8	EGP 20,353	EGP 81,412
9	EGP 20,353	EGP 61,059
10	EGP 20,353	EGP 40,706
11	EGP 20,353	EGP 20,353
12	EGP 20,353	EGP 0

Monthly Payment Composition

Interest: 220

Principal: 20133

Renault Duster 2020 1.6L H1 (4x2) Car Loan Calculator FAQs in Egypt

The car loan for the Renault Duster 2020 1.6L H1 (4x2) in Egypt typically ranges between 70% to 80% of the car's value, depending on the bank's policies.
To apply for a car loan, you need to visit a bank or their website, fill out an application form, and provide necessary documents such as ID, income proof, and vehicle details.
Yes, taking a car loan will affect your credit score as it adds to your credit history. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan tenure, hidden fees, and terms of the loan. It's important to read the fine print before signing any agreement.
Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the bank's current lending policies.