Individual loans provided to individuals by products / Terms and Tariffs /

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1.	Loan purpose	Loans will be issued for purchasing, ordering of goods (services) offered by Bank partner organizations – engaged in selling construction materials, household appliances and furniture items (services).
2.	Eligibility	RA resident individuals aged 21-65
3.	Credit limit	AMD 500,000 – AMD 10,000,000
4.	Limit type	Non-revolving
5.	Method of assigning the limit	The credit limit will be transferred to the Bank's ARCA payment card.
6.	Currency	AMD
7.	Nominal interest rate	16%
8.	Actual interest rate	17.42%
9.	Grace period	Not available
10.	Repayment period	60 months
11.	Repayment method	Annuity
12.	Account statement date	By 10th day of each month
13.	Due date	16th day of each month (if the 16th day of the given month is a non-business day, the due date of such payment shall be extended to the next succeeding business day).
14.	Penalty for late payment of interest and principal amount		For past due principal amount - 0,015 % per day, For past due interest amount - 0,1 % per day.
15.	Timeline for making decision on loan application approval or rejection	The decision on the loan application will be made within a few seconds. The loan will be made available to the borrower within 1 (one) business day upon approval of the loan application by the Bank.