- 36MonthsMaximum period
- 1,000,000AMDMaximum laon amount
- 100PeopleGot a loan
This loan type is for customers who are engaged in agriculture, have regularly serviced agricultural, business or mortgage loans in the last 24 months.
| Loan aim | acquisition of working capital, capital investments, financing of accounts payable, financing of other issues related to rural life |
| LOan amount/AMD | AMD 300,000-1,000,000 |
| Loan amount/ USD | AMD 300,000-1,000,000 equivalent USD |
| Loan lending term | 12-36 months |
| Commission | 0% |
| Cash withrawal | 0% |
| Interest rate/AMD |
in case of 12 ՝ 18,5% in case of 13-24 ՝ 20% in case of 25-36 ՝ 22% |
| Interest rate/USD |
in case of 12՝ 12% in case of 13-24՝ 14% in case of 25-36՝ 16% |
| Annual factual interest rate/ AMD |
in case of 12՝ 35.14% in case of 13-24՝ 37.12% in case of 25-36՝ 39.82% |
| Annual factual interest rate/ USD |
in case of 12՝ 26.81% in case of 13-24՝ 29.33% in case of 25-36` 31.88% |
| Monthly service fee | 1% (from balance of loan amount) |
| Grace period | up to 6 months |
| Loan security | not required |
| Other conditions | A maximum of 2 loans are provided to 1 family (2 family members) at the same time, up to 1,500,000 AMD in total, but not more than 1,000,000 AMD or equivalent USD per person |
| Required documents | identity document, actual residence in the rural community, real estate ownership certificate |
How to get a loan
- Application
- Preparation of documents
- Loan confirmation
LOAN BENEFITS
- 1Fast
- 2Convenient
- 3Afoordable
