• 36
    Months
    Maximum period
  • 1,400,000
    AMD
    Maximum laon amount
  • 2000
    People
    Got a loan

The loan is provided for the purchase of goods/services․


 

Customer Citizen of Republic of Armenia
Customer's age 21-65 
Loan currency AMD
Lending type non cash
Loan amount up to 1,400,000 AMD
Loan term

36 months

Annual interest rate

1-24%

Annual factual interest rate*

34.5-48.2%

Loan service fee

0.33-2% monthly

Loan payment

anuitity

Application review fee not defined
Fines, penalties

overdue amount penalty 0.13% per day

late interest penalty 0.13% per day

Decision making of loan lending

at the same time

Factors for a positive decision/rejection of a loan

Positive decision factors: positive credit history of the client, sufficient level of income with the requirements set by the credit organization.
Rejection factors: customer's negative credit history, insufficient level of income, lack of RA main registration

ATTENTION LOAN INTEREST RATES ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE. AND THE ACTUAL ANNUAL INTEREST RATE SHOWS HOW MUCH THE LOAN WILL COST YOU IN THE CASE OF MAKING THE INTEREST AND OTHER PAYMENTS IN DEFINED PERIODS AND MEASURES. YOU CAN FIND THE CALCULATION PROCEDURE OF THE ANNUAL ACTUAL INTEREST RATE ON THE FOLLOWING PAGE

General sheet of essential conditions of consumer credit

WARNING: YOUR PROPERTY MAY BE STATUTORY SEIZURE IF YOU FAIL TO MAKE YOUR INTEREST AND LOAN AMOUNT PAYMENTS ON TIME.

IF INTEREST AND LOAN PAYMENTS ARE NOT PAYED ON TIME, YOUR INFORMATION WILL BE REGISTERED IN THE CREDIT REGISTRY

Before signing the loan agreement, the company provides an individual sheet in accordance with Regulation 8/05 "Procedure, conditions, forms and minimum requirements for communication between the Bank and the depositor, the creditor and the consumer" approved by the Council of the Central Bank of the Republic of Armenia.

 

***One of the main factors influencing the decision to grant a loan is the credit history and the credit score.

Credit history is a set of data about the loans you have serviced and are servicing.

It is a creditworthiness score calculated by credit history analysis, expressed on a clear scale. It depends on a number of factors, including, but not limited to, the number and amount of loans received, payment history, and the number of new loan applications submitted.

In order to improve the rating, the borrower can exclude the existence of overdue obligations, reduce the number of guarantees given, ensure repayment of overdue amounts in terms of guarantees, reduce the current burden.

Place of loan formulation: online

You can familiarize yourself with the "Financial Assistant" system at the following link: www.fininfo.am

 

"ATTENTION: YOUR FINANCIAL DIRECTORY IS AN ELECTRONIC SYSTEM THAT FACILITATES SEARCHING, COMPARISON OF SERVICES OFFERED TO INDIVIDUALS AND CHOOSING THE MOST EFFECTIVE OPTION FOR YOU"

YOU HAVE THE RIGHT TO COMMUNICATE WITH THE FINANCIAL ORGANIZATION IN THE MODE OF YOUR PREFERENCE, WHETHER BY MAIL OR ELECTRONIC. RECEIVING ELECTRONIC WEATHER INFORMATION IS MOST CONVENIENT. IT IS AVAILABLE 24/7, IS FREE OF THE RISK OF LOSS OF PAPER DATA AND ENSURES PRIVACY

How to get a loan
  • Application
  • Preparation of documents
  • Loan confirmation
LOAN BENEFITS
  • 1
    Fast
  • 2
    Online
  • 3
    24/7