Loans for EE renovation of apartments and individual dwellings
Evocabank offers loans under state support program for energy-efficient renovation of apartments and single-family homes.
|
up to
10 մլն. ֏
|
Amount |
|
up to
84 months
|
Loan Term |
|
14%
|
Interest rate |
Save twice investing money in your apartment’s energy-efficient renovation today and getting a chance to pay less for electricity and gas tomorrow.
Under the state support program, you will be eligible for interest subsidy (partial or full compensation) on the mortgage loan for energy-efficient renovation of your apartment or single-family home.
In Yerevan, the interest rate after subsidy will comprise 5%, in non-bordering urban areas - 3%, in non-bordering rural areas- 2%, and in bordering and mountainous areas - 0%.
To qualify for the loan, at least 20% of the total amount of the loan for renovation of your apartment and at least 30% of your loan for renovation of single-family loan should be directed to enhancement of energy-efficiency, such as purchase, installation of alternative energy sources, energy-efficient construction materials, energy-saving heating systems, and other energy-efficient works, while in case of single-family homes, also for insulation and coating of exterior walls.
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