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)
Evoca online loan in our partner Wallets
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1. |
Loan purpose |
Loans will be issued through the Bank's partners for purchasing or ordering goods (works, service) for non-commercial personal, family or household use. |
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2. |
Eligibility |
RA residents - Bank account holders who are 21 years of age or older but will not reach the age of 63 during the loan period. |
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3. |
Loan currency |
AMD |
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4. |
Loan amount |
AMD 50,000.00 – AMD 500,000.00 |
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5. |
Loan disbursement method |
Non-cash |
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6. |
Nominal interest rate per annum |
21.5 % |
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7. |
Loan repayment period |
12-36 months |
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8. |
Loan repayment method |
Annuity payments |
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9. |
Fees |
Not applicable |
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10. |
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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11. |
Creditworthiness assessment /loan approval criteria / |
Pursuant to the newly developed score and creditworthiness assessment. |
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12. |
One-time fee payable by the Bank to the partner |
Up to 1 % |
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13. |
Timeline for making decision on loan application approval or rejection |
The decision on approving or declining the loan application will be made within a few seconds. |
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14. |
Other provisions |
The Bank partner shall create in its Mobile app a feature for online submission of loan applications. The loan will be transferred to the User’s account opened with the Bank partner, whereas the Bank will be obliged to pay the Service provider for the service in the manner as specified in the Contract. The Bank partner will be responsible for due identification of the User/Customer. |
