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Investing in a boat is a substantial financial decision, and it should be a well-thought-out one. Moreover, one needs to have the serious financial muscle to make it a reality. On the brighter side, it will be a great holiday destination and hosting parties, apart from boasting about it.
So, if you have plans to make this investment, then instead of liquidating all your savings, opt for easy financing options like ADIB boat finance for UAE nationals.
ADIB has curated a tailored financial product to help you realise your dream of owning a boat. This financial product will support your purchase, along with any other additional costs. In addition, the favourable loan terms and flexibility in repayment offer a pleasant borrowing experience.
The highlighting features and benefits of this financial product are mentioned below:
To secure the necessary credit for the boat purchase, your nominal salary should be AED 8,000.
The interest rate for UAE nationals for boat finance is a flat rate of 3.72% or a reducing rate of interest of 6.75%
To get a personal loan in UAE, you need to fulfil the following eligibility parameters –
To secure an ADIB personal loan for buying a boat, you need to submit the following documents –
With the following procedures, it is easy to opt for boat finance from ADIB –
Online Mode - ADIB facilitates a quick, hassle-free and secures online application procedure for its customers. Here is a step-by-step guide on the application process of the same –
After that, follow the instructions mentioned on that page to complete the application process.
Offline Mode - You can book an appointment with a nearby ADBI branch to avail of their loan amount directly. All ADIB branches provide priority service for senior citizens as well as people of determination.
After submission of the filled-in loan application form and the relevant documents, ADIB will quickly approve the finance amount. Once it is approved, applicants can complete the remaining formalities to meet their needs.
The ADIB Headquarters address:
With the ADIB boat finance for UAE nationals, you can now purchase a boat without any hassle. However, before moving ahead, go through the loan terms and conditions to avoid future troubles.