Individual loans provided to individuals by products / Terms and Tariffs /
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- Personal loans secured by property (with creditworthiness assessment)
- Personal loans secured by property (without income source verification)
- Personal loan with guarantee
- Student consumer loans (program)
- Gold mortgage (pawnshop) loans with credit rating
- Overdrafts with payment cards (credit cards)
- Credit limit provided by Visa Infinite payment cards
- Evolution
- Credit limit secured by funds
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- Housing mortgage loans
- Mortgage loans, Affordable Housing for Young Families
- Mortgage loans within the framework of the program on National Mortgage Company
- Commercial mortgage loans
- Renovation loans / within the framework of the programs of the National Mortgage Company, Jerm Ojakh (“Warm House”)
- National Mortgage Company Energy Efficiency Improvement Repair Loans "My Roof"
- National Mortgage Company Energy Efficiency Building Loans
- Mortgage loans (under the State support program for providing access to affordable housing to families displaced from certain regions of the Republic of Artsakh)
- Mortgage loans under the State Support Program for housing affordability for families in border settlements of the Republic of Armenia
- Residential Energy Efficient Loans under National Mortgage Company Program
- Housing mortgages with floating interest rate
- Housing mortgages for non-resident individuals
- Affordable housing for servicemen
Credit limit provided by Visa Infinite payment 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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1000 - 20,000 |
USD |
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1000 - 20,000 |
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 |
Up to 45 days |
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Repayment period |
12-36 months |
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Statement day |
By 10 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 next 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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Creditworthiness assessment (credit approval criteria) |
Important criteria for credit provision is considered to be:
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Deadlines for approving or rejecting loan provision |
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