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

Payment/Credit Cards Overdraft Online


For ordering or purchasing non-commercial goods (works, services) designated for personal, family, household or other use


RA resident individuals aged 21-60

Minimum and maximum limits

Minimum amount – AMD 100,000 or equivalent amount in foreign currency, maximum amount – AMD 10,000,000 or equivalent amount in foreign currency

Limit type

Revolving, with minimum monthly payments

Disbursement method

The credit limit will be issued on the Bank payment card.


AMD, USD, Euro

Nominal interest rate

AMD - 16%-21.5%, USD - 13-16%, Euro - 12-16%

Grace period

No grace period is envisaged

Repayment period

36 months

Required minimum monthly payments

Cardholder shall pay 5% of the credit limit used during the previous month (but not less than AMD 5,000 + accrued interest by the deadline indicated in the account statement). A calendar month is a period commencing on the 1st day of each month and ending on 1st day of the next month.

Account statement date

By 10th day of each month

Payment deadline

16th day of each month (if the day in question falls on a non-business day, then the deadline will be moved to the next business day).

Penalty for overdue principal and interest

Penalty for failure to repay the minimum monthly amount - 0.015% per day

Penalty for overdue interest accrued - 0.1% per day

Assessment of creditworthiness (terms and conditions for loan application approval)

Based on the newly developed scoring system

Timeframe for loan application approval/rejection

The decision on loan application (approval or rejection) will be made within a few seconds.

·        The loan will be issued in the case of a positive decision, within 1 (one) business day.