Loans backed by valuable items

Up to 50,000          Standard            Standard            +10% “B” Class                   +30% “A”                       
                                                           annuity                 to customers                       suspended                            

                                                                                                                                         to customers                                                                                                                                                                                                                                

24 months              24 months                       24-60 months                      24-60 months             24-60 months         
                                                                                                                   /more than 24  

                                                                                                                 months only in

                                                                                                                        case of annuity/

   AMD

Free repayment           Free redemption            Annuity                  With a flexible repayment                 Annuity /equal monthly      
schedule                               schedule          equal monthly                 schedule, the principal                   payment of principal    

Principal amount        Principal amount      payments of principal        amount is paid at the                 and interest/    

at the end of           at the end of the          and interest                      end of the term,                                     

the term, and              term, and interest          / Annuity               and the interest amount             

interest quarterly/       is monthly/                                                                                            

22% - AMD 5,000 - 50,000 Yearly 
21.7% - AMD 50,001 - 500,000 Yearly
21% - AMD 500,001 - 1,000,000 Yearly
18% - AMD 1,000,001 - 500,000,000 Yearly

24% - AMD 5,000 - 50,000 Yearly
24% - AMD 50,001 - 500,000 Yearly
23.1% - AMD 500,001 - 1,000,000 Yearly
19.5% - AMD 1,000,001 - 500,000,000 Yearly

5,000 - 50,000        50,001 - 500,000,000         100,000 - 500,000,000        110,000 - 5,500,000       130,000 - 2,200,000  

Not required

Առկա չէ

23 months                         23 months                                         None                                        None                                       None 

None   

90%                                 100%                                      100 %                                         110 %                                             130%

Precious items, including standardized gold bars, coins and commemorative coins, precious items, jewelry (including those with precious stones) or their scrap.
The artistic value of jewelry, the weight of precious (except diamonds), semi-precious stones on it, as well as mechanisms and non-gold parts are not appraised and are not taken into account in the appraisal value.

Not required   

Consumer

Individuals over 18 years of age

0.1% daily

0,13 % daily

Based on the failure to fulfill contractual obligations, a lump sum payment may be applied from the actual sale of the Collateral in the amount of up to 15% of the loan amount, but not more than 150,000 AMD, which represents the total costs associated with the seizure and sale of the Collateral, which, however, cannot exceed the positive difference between the actual sale amount of the Collateral and the total debt amount on the loan. 

In the case of loans up to and including AMD 300,000, the loan terms in effect at the time the loan granting decision is made must not be classified as non-performing. 

In case of loans up to 300,000 AMD /inclusive/, the Client does not meet the creditworthiness criteria set by the Bank