Eligible Vessels
New & pre-owned boats, watercraft, dhows
Boat Finance
70
%Max finance of vessel value
96
moMaximum Tenor
1
hrApproval in as little as
5.5
%Indicative rate from p.a.
Product Details
What you need to know
Full terms at a glance. Your advisor walks through the exact figures once you're ready to apply.
Finance Amount
2,000 – 250,000
Finance Cover
Up to 70% of vessel value
Tenor
6 – 96 months
Down Payment
From 20% of vessel value
Indicative Rate
From 5.5% p.a. (flat)
Early Settlement
Available — terms apply
Insurance
Comprehensive marine insurance required
Terms and Conditions apply in accordance to Central Bank of Oman regulations
The process
3 simple stepsto your Boat
Most approvals complete the same business day. Having your documents ready is the only thing that speeds it up.
Submit your application
Call 8000 83 22, WhatsApp 9266 7773, or visit any branch. Provide details of the vessel you wish to purchase and your documents.
Valuation & approval
Our team arranges an assessment of the vessel and reviews your application. You will receive a decision and your finance offer.
Set sail
Sign your finance documentation and funds are disbursed directly to the seller or dealer. Your vessel is yours.
Funds disbursed directly to the dealer — no cash handling required. Subject to credit approval.
Boat Finance Calculator
Estimate your monthly payment
Move the sliders to find a number that works for you. Your advisor confirms the exact rate when you apply.
What are you financing?
15,000
1,000 250,000
36 months
6 months96 months
Estimated Monthly EMI
454
Per month · 36 months · 15,000
Finance Amount
15,000
Total Interest
1,330
Total Repayment
16,330
Indicative Rate
5.6% p.a.
Happy with these numbers?
Leave your details and anadvisor calls you back
Application Checklist
Ready to Apply?
Four documents. That's all. Have these ready and your application can be processed in as little as 1 hour.
National ID or Residence Card
IdentityOriginal + copy. Omani national ID or valid GCC residence card. Must be current and not expired.
Salary Certificate or Income Proof
IncomeOriginal, issued within the last 3 months. Business owners may provide audited financials instead.
Bank Statements
FinancialsLast 3 months. Required for all applicants to verify income and existing financial commitments.
Vessel Proforma or Sale Agreement
VehicleDetailed specification including make, model, year of manufacture, and agreed purchase price from the seller or dealer.
The application form is included in your document pack. Your advisor will confirm if anything else is needed for your specific situation.
FAQ
Frequently asked questions
UFC finances fibreglass and aluminium motorboats, traditional wooden dhows, and most other recreational watercraft. Commercial fishing vessels are not eligible under this product.
REGULATED & COMPLIANT
