compare two array values equal or not | index to index |

I have a scenario where I want to compare value of array1 and array2

echo "${array1[@]}"

gives me output1 : 12.12 10.1

echo "${array2[@]}"

gives me output2 : 12.12 10.1

how to compare array1 value with array2 like below

array1[0]=array2[0]
array1[1]=array2[1]

12.12 12.12
10.1 10.1

if matches then display

echo “success” or “FAIL”

Success – when all data in array1 matches with aray2 [index to index]

Fail – when index to index value does not match then fail