Terms
tariffs
Consumer
AMD
Armenian dram, US dollar, Euro, Russian ruble
Minimum: 10 days
Maximum: Deposit term
AMD 100.000
Not defined
Only AMD
or AMD and USD, EUR, RUB
Only USD, EUR, RUB
Annual interest rate on a term deposit in AMD pledged +3%2
Maximum annual interest rate on a term deposit in AMD offered by the bank +3%
10.8%-14․3%
1) For term deposits invested in Armenian drams:
• up to 95% in case of loans with annuity and flexible repayment schedule,
• up to 85% in case of loans with a one-time repayment.
2) Up to 80% of term deposits invested in other currencies:
• up to 95% in case of loans with annuity and flexible repayment schedule,
• up to 85% in case of loans with a one-time repayment.
None
None
Annuity
(equal monthly payment of principal and interest)
Lump sum
(payment of principal and interest at the end of the term)
With a free repayment schedule
(equal monthly payment of interest, payment at the end of the term of the principal)
Lump sum, non-cash, to the current bank account opened for the client with the Bank
According to the Terms and Tariffs for Opening and Servicing Current Bank Accounts as applicable in the Bank
According to the Terms and Tariffs for Opening and Servicing Current Bank Accounts as applicable in the Bank
0.1% daily
0.13% daily
The borrower has the right to repay the loan in full or in part before the due date.
No penalty on early repayment applies.
Not required
Individual over 18 years of age - depositor
At the time of loan issuance, existing credit obligations and guarantees provided against the obligations of other persons must not be overdue or classified under risk categories as controlled, substandard, suspicious or bad.
Monthly and at the end of the term