QNB

Own your dream boat with an interest rate of 3.45% and more benefits.

  • Special interest rate: 3.45% p.a. (equivalent to 1.85% flat rate)
  • Flexible tenure: Up to 6 years for Qataris and 4 years for expatriates.
  • Eligibility: Qatari and expatriate salaried customers, as well as QNB employees
  • Quick approvals: With no penalties for early settlement
  • Up to QAR 800,000 loan amount for Qataris and up to QAR 400,000  loan amount for expatriates. 

The loan can be used to finance a new or used boat or yacht, engine, navigation equipment, or even boat refurbishment.

Requirements

  • Salary certificate.
  • Vehicle quotation from an approved Boat dealer for electric or engine vehicles.
  • Original ID card.
  • Original valid passport (for non-Qatari customers).
  • Non-Qatari customers are required to make a down payment of 20%.
  • No management fees.
  • Fast approval.
  • Credit life insurance of 0.34% p.a. is applicable.

Terms and conditions apply.