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
Overdrafts with payment cards (credit cards)
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Loan purpose |
The loan is granted for the purpose of ordering or purchasing goods (work, services) for personal, family, home or other use not related to business activities. |
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Who can apply |
Individual residents of RA between the age of 21-60 |
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Limit |
Minimum limit of AMD 100,000 or its equivalent foreign currency, and the maximum is 10,000,000 AMD and its equivalent foreign currency |
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Limit type |
Revolving with monthly minimum payment requirement |
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Limit provision process |
The credit limit is granted via Bank’s payment cards |
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Currency |
AMD, USD, EUR |
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Nominal interest rate |
AMD 16-21.5%, USD 13-16%, EUR 12-16% |
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Grace period |
Not provided |
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Repayment period |
36 months |
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Minimum monthly payment requirement |
The cardholder is obliged to pay 5% of the limit used during the previous month / minimum: 5,000 AMD, in case of foreign currency overdraft - 10 USD, 10 EURO/+accumulated% by the deadline specified in the statement. A month is defined as the period from the 1st of each month to the 1st of the following month. |
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Statement day |
10 of each month |
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Payment period starting from the statement date |
The 16th of each month (if the 16th of the given month is a non-working day, the deadline is the next working day). |
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Penalty for loan principal and/or interest overdue |
Monthly minimal payment overdue penalty - 0,015 % daily, Accrued interest overdue penalty- 0,1 % daily |
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Deadlines for approving or rejecting loan provision |
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