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Finance

Boat Finance

Own the boat of your dreams with affordable boat finance from ADIB. Finance your own new or used boat with a low profit rate.

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Key Benefits

  • 24 hour Banking Services Finance Amount
  • icon Flexible repayment terms
  • icon Two instalment postponements
  • 24 hour Banking Services 24 hour Banking Services
Finance Amount

Finance Amount

Finance Amount

​ Up to AED 3 Million for UAE Nationals and AED 2 Million for UAE Residents.

Benefit

Flexible repayment terms

Flexible repayment terms

​ Up to 48 months

Benefit

Two instalment postponements

Two instalment postponements

​ Up to 2 instalment postponements in a year

Benefit

First instalment payment after 7 months

First instalment payment after 7 months

​ Up to 210-days instalment holiday for the first payment

Benefit

Optional comprehensive personal finance Takaful coverage

Optional comprehensive personal finance Takaful coverage

Enjoy pace of mind with personal finance takaful coverage for the outstanding balance up to 2.5 million

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Benefit

24 hour Banking Services

24 hour Banking Services

In addition to our mobile app, you will always have:

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Documents you'll need

  • Original and copy of valid passport (with valid residence visa for expatriates).
  • Original and copy of valid Emirates ID.
  • Boat quotation addressed to ADIB. Fresh salary transfer letter / Salary certificate addressed to ADIB.

Eligibility

  • Salary transfer is required
  • Employees of approved list of employers in ADIB.
  • Minimum salary is AED 8,000
  • Minimum age at time of application should be 21 years.
  • Maximum age at time of completion of finance tenor should be:
    • *For UAE Nationals 65 years
    • *For expatriates 60 years
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