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)
Affordable housing for servicemen under NMC program
Loan purpose |
Acquisition of real property in secondary market or construction of single-family home |
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Eligibility |
The beneficiary aged 18 – 63 qualifying for the program who during the loan period will not turn 63 or the loan will be shared by a co-borrower- member of the borrower’s family who meets this requirement |
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Loan currency |
AMD |
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Loan amount |
AMD 2,000,000 – AMD 25,650,000 |
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Loan repayment period |
120 - 240 months |
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Nominal interest rate per annum |
Nominal |
Actual |
13% |
9.74% |
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Interest rate subsidized by the government |
5% |
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Down payment financed by the government |
AMD 2,500,000 |
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Loan repayment method |
Monthly annuity payments |
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Loan security |
The real property to be purchased. In case of construction, the land plot under development/unfinished building, if appropriate, additional residential real property. |
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Maximum acquisition cost and appraised value of real property |
AMD 55,000,000/only for acquisition of real property |
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Loan-to-value ratio |
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Insurance |
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Loan disbursement method |
Non-cash, for acquisition – in a lump-sum, for construction – in a lump-sum or several tranches |
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Penalty for early loan repayment |
Not applicable |
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Penalty charged for late payment of loan principal and/or interest |
For past due principal - 0,015 % per day, For past due interest - 0,1 % per day. |
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Other provisions |
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Timeline for making decision on loan application approval or rejection |
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[1] In calculating the loan-to-value ratio, we take into consideration the real property appraisal or acquisition value, whichever is less.