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

Gold mortgage (pawnshop) loans with credit rating

Loan purpose

The loan is granted with gold pledge for the purpose of ordering or purchasing goods (work, services) for personal, family, home or other use not related to business activities.

Who can apply

Individual residents of RA between the age of 18-70, whose age will not exceed 70 years throughout the loan service period

Loan currency


Loan amount

100,000 –10,000,000

Loan term

24-36 months

Loan repayment method


Loan provision method

Cash and non-cash

Annual nominal interest rate


Early loan repayment penalty

No early payment fee is applicable 

Penalty for loan principal and/or interest overdue

For overdue principal - 0,015 % daily,
For overdue interest - 0,1 % daily 

Loan to value ratio

Up to 150 %[1]

Special condition

Within the scope of the subject loan type one borrower can have maximum liability of AMD 2,000,000

Creditworthiness assessment (loan approval criteria)

Creditworthiness assessment (loan approval criteria)

Other conditions

  • Loans provided in AMD are credited to the bank account
  • Upon approaching the Bank after the full repayment of the loan, the gold items as collateral are returned to the client within 2 working days at most.

Deadlines for approving or rejecting loan provision

The decision to approve or reject the loan is made within 1 (one) working day.
The loan is granted in case of Bank’s positive decision, within 1 (one) working day.  

[1] The part exceeding 100% of the value of the pledge cannot be more than AMD 1,000,000.