Conditions
Loan purpose 
 Personal 
Loan type
Credit line
Loan amount 
AMD 50.000-3.000.000, but no more than the sevenfold of average monthly income
Loan currency
AMD
Payment card type 
[descriptionAny payment card, the salary transferred to.
Annual interest rate 
13-17 % (based on the loan term and borrower’s working
Loan term 
12-24 months 
 
Redemption frequency
Monthly- equally (annuitant), or Non-equally (differential). Moreover, upon the borrower’s request payments on the principle during summer months may not be defined.  
Security 
In case of the amount more than the fourfold of  the average income a guaranty of at least 1 individual, who is not a member of the Borrower's family is required.
As an additional loan security means the Bank may require the guaranty of one or more. 
 
Grant way 
Cashless 
Loan arrangement is realized  
ARMECONOMBANK OJSC Head office and branches
Penalties
In case of non-repayment of amounts (loan, interest, and other payments) set forth by the Agreement on time, a penalty of 0.13% on the overdue amount will accrue for each overdue day.
Demands
Negative assessment on the customer’s financial condition. Non-credibility of the presented documents.
Costumer’s negative credit history.
Other reasons which according to the Bank assessment will hamper the loan repayment.
Penalties
In case of non-repayment of amounts (loan, interest, and other payments) set forth by the Agreement on time, a penalty of 0.13% on the overdue amount will accrue for each overdue day.
Documents
NoteDocuments to be presented by individuals
PunctPassport copies,,
PunctDocument containing the number of public services 
PunctThe document certifying the income 
PunctOther documents, if necessary
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N Վճարման ամսաթիվ Վարկի մնացորդ Վճարվող տոկոսագումար Մարում վարկից Ընդամենը վճարում
General Information
Updated: 30/10/2018 17:17