AMD 50.000-3.000.000, but no more than the sevenfold of average monthly income
Payment card type
[descriptionAny payment card, the salary transferred to.
Annual interest rate
13-17 % (based on the loan term and borrower’s working
Monthly- equally (annuitant), or Non-equally (differential). Moreover, upon the borrower’s request payments on the principle during summer months may not be defined.
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.
Loan arrangement is realized
ARMECONOMBANK OJSC Head office and branches
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.