Individual loans provided to individuals by products / Terms and Tariffs /
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- EvocaHOME
- Individual INVESTMENT Loan
- Personal loans secured by property (creditworthiness rating)
- Personal loans secured by property (without income source verification)
- Personal loan with guarantee
- Loans with gold pledge (Lombard loan)
- Gold mortgage (pawnshop) loans with credit rating
- Deposit secured loan / credit limit
- Overdrafts with payment cards (credit cards)
- Credit limit provided by Visa Infinite payment cards
- Student consumer loans (program)
- Evolution
- Parking space purchase loan
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- Housing mortgage loans
- Housing mortgages with floating interest rate
- Housing mortgages for non-resident individuals
- Commercial mortgage loans
- Mortgage Loans under the National Mortgage Company program
- Renovation loan under National Mortgage Company
- Construction loans under the program of the National Mortgage Company
- Mortgage loans "Affordable Housing for Young Families"
- Mortgage loan to displaced families from Nagorno-Karabakh
- Home renovation mortgage loans from families displaced from Artsakh
- Mortgage loan to displaced families from Artsakh regions
- Affordable housing for servicemen under NMC program
- Affordable housing for servicemen
- Land Acquisition Loans
Parking space purchase loan
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1. |
Loan purpose |
Loans are designed for purchasing of parking lots (including the right to purchase) from property developers – Bank partners. |
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2. |
Eligibility |
RA residents and non-residents aged 18 – 65 who during the loan period will not turn 65 or the loan will be shared by a co-borrower who meets these requirements. |
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3. |
Loan currency |
AMD |
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4. |
Loan amount |
2 000 000 – 8 000 000 |
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5. |
Loan repayment period |
36 - 60 months |
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6. |
Annual interest rate |
Nominal |
Actual |
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16% |
17.25% |
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7. |
Loan repayment schedule |
Annuity scheme (principal and interest payments will be made on a monthly basis in equal amounts) |
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8. |
Penalty for early loan repayment |
Not applicable |
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9. |
Penalty for late payment of loan principal and interest |
For past due principal - 0,015 % per day, For past due interest - 0,1 % per day. |
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10. |
Loan disbursement method |
Non-cash |
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11. |
A lump-sum fee for loan disbursement or monthly loan service fee |
Not applicable |
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12. |
Loan security |
If the applicant has got a mortgage with the Bank, the competent body of the Bank may request a surety bond to be issued by at least one individual. |
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If the applicant has no mortgage with the Bank, the loan must be backed by at least one surety bond. |
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13. |
Timeline for making decision on loan application approval or rejection |
The decision on approving or declining the loan application will be made within 3 (Three) business days upon submission of the entire package of required preliminary documents. The loan will be disbursed within 2 (Two) business days upon approval of the loan application and conclusion of loan and surety agreements/contracts. |
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