Terms
tariffs
With documented proof of income
Consumer loan
AMD
24-120 months
AMD 2,500,000 - 100,000,000
24-36 months - 15․5 %
37-60 months - 16 %
61-84 months - 17 %
85-120 months - 17.0 % (adjustable)
24-36 months - 16.7-20.3%
37-60 months - 17.3-19.7%
61-84 months - 18.4-20%
Real estate
(Mortgage Agreement is notary certified)
Other collateral may be required
Under the acceptance criteria set by the Bank, the real estate being pledged:
Residential areas acceptable to the Bank for real estate collateral
None
None
Annuity
/equal monthly payment of principal and interest/
Individual repayment schedule /Appendix 1/
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.
A maximum of 70% of the liquidation value of the collateral
The collateral is subject to appraisal by an independent property appraisal agency cooperating with Fast Bank CJSC and/or by a Bank employee, depending on the loan amount. The appraisal by a Bank employee is free of charge.
Not required
Individual/Legal entity (by decision of the authorized body approving the loan)
Individuals aged 18-65
The pledgor must be the borrower or a person running a joint business with the borrower.
Moreover, the pledgor must not have obligations that are overdue, controlled or classified under stricter categories as of the date of application submission