Micro-renovation Loan with Bank Resources
Planning to renovate your apartment? Get Evocabank’s micro-renovation loan and take advantage of the state subsidy opportunity!
|
up to
5 mln. ֏
|
Amount |
|
up to
60 months
|
Loan term |
|
from
14%
|
Interest rate |
Fast, no collateral, available throughout Armenia – get your micro-renovation loan powered by the Bank's own resources.
Are you dreaming of a renovated, cozy, and beautiful apartment but your budget falls short? Evocabank has a quick solution for you - a micro-renovation loan with the possibility of state subsidy.
Why Evocabank’s micro-renovation loan
- Fast approval – minimal paperwork, quick response
- No collateral required – no need to pledge property
- Throughout the territory of the Republic of Armenia– from Yerevan to border villages
- 0–5% interest rate – depending on the location of the property being renovated
How to benefit from state subsidy?
If you direct at least 20% of the renovation towards energy-efficient improvements, you'll qualify for state support (subsidy) and enjoy a reduced interest rate of 0–5%, depending on the property's location.
And if you prefer a renovation loan without energy-efficient improvements, you can take advantage of the unsubsidized option with an annual interest rate of 17%.
Renovate your apartment without big expenses!
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