Bicycle purchase loan
Evoca offers state-subsidized Bike loans to students and staff of vocational institutions.
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Up to
300,000 ֏
|
Amount |
|
Up to
36 months
|
Loan term |
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Starting at
16%
|
Interest rate |
The annual interest rate on Bike loans is subsidized by up to 16% by the RA Ministry of Education, Science, Culture and Sports.
The loan is intended for students and employees of the RA educational institutions implementing vocational, secondary vocational or higher education programs.
Bike loans will be made available to borrowers under the following conditions:
- No service fees
- No commission fees
- No penalties for early repayment.
Important info: the loan interest rate will be partially or fully subsidized by the government.
By joining the Armenian Government's initiative, Evocabank is contributing to the development of a healthy lifestyle, encouraging physical activity, and the development of environmentally friendly alternative solutions for urban transportation.
Online and Mobile Banking
Evocabank is a fast, simple and innovative service bank, distinguished by the active use of the latest information technologies.
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