Gold Secured (Pawn) Loans Based on Creditworthiness
Evocabank offers gold secured loans in cash and non-cash.

Loan purpose |
The loan is granted with gold pledge 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 18-70, whose age will not exceed 70 years throughout the loan service period |
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Loan currency |
AMD |
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Loan amount |
100,000 –10,000,000 |
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Loan term |
24-36 months |
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Loan repayment method |
Annuity |
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Loan provision method |
Cash and non-cash |
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Annual nominal interest rate |
19.5% |
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Early loan repayment penalty |
No early payment fee is applicable |
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Penalty for loan principal and/or interest overdue |
For overdue principal - 0,015 % daily, |
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Loan to value ratio |
Up to 150 %[1] |
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Special condition |
Within the scope of the subject loan type one borrower can have maximum liability of AMD 2,000,000 |
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Creditworthiness assessment (loan approval criteria) |
Creditworthiness assessment (loan approval criteria) |
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Other conditions |
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Deadlines for approving or rejecting loan provision |
The decision to approve or reject the loan is made within 1 (one) working day. |
[1] The part exceeding 100% of the value of the pledge cannot be more than AMD 1,000,000.


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