Overdrafts
Today overdraft is one of the best and the fastest ways to handle the unforeseen financial needs. Evocabank offers overdrafts with the minimum monthly prepayment.

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. |
Who can apply |
Individual residents of RA between the age of 21-60 who are Bank’s cardholder customers. |
Limit |
Minimum limit of AMD 100,000, USD 200, EUR 200, and maximum limit of AMD 3,000,000, USD 6,000, EUR 6,000 |
Limit type |
Revolving with monthly minimum payment requirement |
Limit provision process |
The credit limit is granted via Bank’s payment cards |
Currency |
AMD, USD, EUR |
Nominal interest rate |
AMD 18-20%, USD 16%, EUR 16% |
Grace period |
Not provided |
Repayment period |
36 months |
Minimum monthly payment requirement |
Till the date specified in the statement, the cardholder is obliged to pay 5% of the limit utilized during the previous month (minimum AMD 5,000) + accrued interest. A month is defined as the period from 1st day of each month till the 1st of the following month. |
Statement day |
1 of each month |
Payment period starting from the statement date |
15 days (16th of each month is considered to be the due date) |
Penalty for loan principal and/or interest overdue |
Monthly minimal payment overdue penalty - 0,015 % daily, Accrued interest overdue penalty- 0,1 % daily |
Deadlines for approving or rejecting loan provision |
The decision to approve or reject the loan is made within 1 (one) working day. |


Online and Mobile Banking
Evocabank is a fast, simple and innovative service bank, distinguished by the active use of the latest information technologies.
Become a client