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)
- Loans with gold pledge (Lombard loan)
- Gold mortgage (pawnshop) loans with credit rating
- Overdrafts with payment cards (credit cards)
- Credit limit provided by Visa Infinite payment cards
- Evolution
- Deposit secured loan / credit limit
- Consumer Loans using Electronic Wallets of Bank Partner Organizations
- EvocaHOME
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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”)
- Loans under the State Support Program for Energy Efficient Renovation of Apartments and Single-Family Homes
- 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 under NMC program
- Affordable housing for servicemen
- Mortgage loans (under the State support program for providing access to affordable housing to families displaced from certain regions of the Republic of Artsakh)
Loans with gold pledge (Lombard loan)
1. |
Loan purpose |
Loans secured by gold will be provided for purchasing or ordering of goods (works, services) for non-commercial, personal, family, household use. |
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2. |
Eligibility |
RA residents aged 18– 70. The total of the borrower's age and loan period should not exceed 70. |
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3. |
Loan currency |
AMD |
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4. |
Loan amount |
100,000 (for bank branches in provinces 50,000) – 10,000,000 |
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5. |
Loan repayment period |
3 - 36 months |
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6. |
Loan repayment method |
Loan repayment period |
Repayment method |
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3-12 months |
Bullet payment or annuity payments |
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13-36 months |
Annuity payments |
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7. |
Annual interest rate |
Loan repayment period |
Loan repayment method |
Maximum actual |
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Annuity payments |
Bullet payment |
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For loans with repayment period of 3-6 months |
15.5% |
16.5% |
17.97% |
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For loans with repayment period of 7-24 months |
16% |
17%[1] |
18.48% |
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For loans with repayment period of 25- 36 months |
17% |
18%[2] |
19.59% |
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8. |
Penalty for early loan repayment |
Not applicable |
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9. |
Penalty charged for late payment of the principal and interest amounts |
For past due principal amount - 0.015% per day, For past due interest - 0.1% per day. |
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10. |
Loan-to-value ratio |
Annuity payment |
Up to 95% of appraised value of gold articles |
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«Bullet» payment /for a period of 1 - 6 months/ |
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«Bullet» payment / for more than a 6-month period/ |
Up to 90% of appraised value of gold articles |
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11. |
Timeline for making decision on loan application approval or rejection |
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12. |
Other terms and conditions |
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13. |
List of required documents |
1. Application for a gold-secured (pawnshop) loan, 2. passport or ID card, 3. social card or statement on absence of social card (while social card and statement on its absence are not required if the applicant has an ID card), 4. Other documents as may be required by the Bank. |
[1] / [2] In this case, the borrower during the first 12 months will pay monthly interest only, while annuity plan will be set for the rest of the loan period.