Terms
tariffs
To cover current consumer expenses.
Refinancing
Individuals aged 18–63, registered in the Republic of Armenia
Documented income
AMD
100,000 – 15,000,000 AMD
1–60 months, with the possibility of renewal at the end of the term according to the loan agreement
13% - 17%
13.81% – 19.57%
≤ 60%
The OTI ratio is not calculated
By the 15th day of the current month, the amount due for the previous month and the accrued interest must be paid
Once the mandatory amount is credited to the card account, the credit line is restored by that amount.
5% of the used amount as of the last day of the previous month, which restores the credit line accordingly.
Interest is calculated daily on the used portion of the credit line; no interest is charged on unused funds.
The loan is disbursed to a card account issued by the Bank.
Not applicable
Not applicable
Not applicable
0.1% per day
0.13% per day
Individuals who are either real estate owners/co-owners or officially employed.
At the time of loan issuance, the borrower's existing loans and guarantees provided for the obligations of third parties must not be overdue or classified as “watch” or in stricter categories. The total number of overdue days on all loans (both repaid and active) within the last 12 months must not exceed 30 calendar days; in the case of refinancing, it must not exceed 15 calendar days.
At the time of loan disbursement, the borrower's existing loans and guarantees provided for the obligations of other persons must not be overdue or classified as "watch" or in a stricter risk category.
3–6 months
The basis is the net salary provided by the Norq2 Analytical Information System. In cases where the salary is not registered in the Norq Analytical Center, the basis shall be a 6-month bank statement and/or an employment contract or tax reports.