
Credit limit provided by Visa Infinite credit cards
Who can apply |
Individual residents of RA between the age of 21-65 who are Visa Infinite cardholders of the Bank |
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Limit |
1,000,000 - 10,000,000 |
AMD |
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600 - 20,000 |
USD |
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500 - 15,000 |
EUR |
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Limit type |
Credit limit with payment grace period |
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Limit provision process |
The credit limit is granted via Bank’s Visa Infinite payment cards |
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Currency |
AMD, USD, EUR |
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Nominal interest rate |
AMD |
16% |
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USD |
14% |
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EUR |
12% |
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Grace period |
45 days |
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Repayment period |
36 months |
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Statement day |
1 of each month |
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Repayment period |
A grace period is defined for the repayment of utilized credit limit: from the 1st of the current month till 16th of the following month. If during the period of 1-16 of each month (if 16th of the given month is non-working than the due date is considered to be the previous working day) the accrued debt as per the previous month statement is fully repaid, no any interest calculated for the utilized amount. In case if the debt is not fully repaid during the above-mentioned period, interest is accrued since the date of the use up till full repayment of the debt. |
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Penalties |
Monthly minimal payment overdue penalty - 0,015% daily, Accrued interest overdue penalty- 0,1% daily |
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Credit limit application review fee |
AMD 0 |
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Creditworthiness assessment (credit approval criteria) |
Important criteria for credit provision is considered to be: 1. Absence of loans with substandard or stricter classification for the last 12 months, absence of overdue or classified loans during the application submission (including guarantees) and total number of overdue days should not exceed 30 days for the previous 12 months. 2. Valid income |
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Deadlines for approving or rejecting loan provision |
The decision to approve or reject the loan is made within 5 (five) working days maximum. |


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