What is the car loan process for purchasing a Suzuki Dzire 2022 1.2L GLX in Egypt?

The car loan process in Egypt typically involves checking your credit score, submitting an application with necessary documents, and then waiting for approval from the bank.

Will taking out a loan for Suzuki Dzire affect my credit score?

Yes, taking out a loan can affect your credit score as it adds to your credit utilization ratio and shows your borrowing history.

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

Be sure to check the interest rates, loan terms, and any hidden fees. It's also important to understand the total cost of the loan over its duration.

What factors can influence the loan interest rate for the Suzuki Dzire?

Factors include your credit score, income level, the loan amount, and the overall economic conditions in Egypt.

Are there any specific documents needed for a car loan application in Egypt?

Yes, typically you will need your national ID, proof of income, bank statements, and sometimes a down payment receipt.

CarteaCar Loan Calculator

Suzuki Dzire 2022 1.2L GLX Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 13,944

Down Payment

EGP 41,380

Total Cost

EGP 208,708

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 13,944	EGP 153,384
2	EGP 13,944	EGP 139,440
3	EGP 13,944	EGP 125,496
4	EGP 13,944	EGP 111,552
5	EGP 13,944	EGP 97,608
6	EGP 13,944	EGP 83,664
7	EGP 13,944	EGP 69,720
8	EGP 13,944	EGP 55,776
9	EGP 13,944	EGP 41,832
10	EGP 13,944	EGP 27,888
11	EGP 13,944	EGP 13,944
12	EGP 13,944	EGP 0

Monthly Payment Composition

Interest: 151

Principal: 13793

Suzuki Dzire 2022 1.2L GLX Car Loan Calculator FAQs in Egypt

The car loan process in Egypt typically involves checking your credit score, submitting an application with necessary documents, and then waiting for approval from the bank.
Yes, taking out a loan can affect your credit score as it adds to your credit utilization ratio and shows your borrowing history.
Be sure to check the interest rates, loan terms, and any hidden fees. It's also important to understand the total cost of the loan over its duration.
Factors include your credit score, income level, the loan amount, and the overall economic conditions in Egypt.
Yes, typically you will need your national ID, proof of income, bank statements, and sometimes a down payment receipt.