Car Loans

. the car is left to you  . up to 10 years lending term . up to 100% of liquidity price 

 

 

Loan currency AMD
Lending type Cash
Annual interest rate 24%
Annual factual interest rate 59.93-61.04%
Loan amount 500 000-25 000 000 AMD
Lending term up to 120 months
Loan security mode of transportation which frazzle is up to 18 years exept russian production cars which frazzle is up to 5 years
Loan/pledge ratio 80% (100% of liquidity price)
Interest payment** monthly
Loan payment monthly or contractual
Application review fee not applicable
Loan service fee (monthly)

1.9%

 Cash payment  0.3%
 Collateral assesment fee 7000 AMD
Notary validation fee 15.000 AMD
Collateral insurance fee

for up to 10mln AMD: not aplicable

for ove 10mln AMD: 2.5% of loan amount

Fines, penalties amount overdue penalty daily 0.05%, interest rate overdue penalty daily 0.08%
Loan decision just after submission o necessary documents
Loan lending in 1 working day
Other conditions
  • CASCO insurance (for the loans over 10mln) 
  • car pledge for up to 15 years fazzle

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Updated:22/08/2019 11:39:19