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
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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
Student consumer loans (program)
1. |
Loan purpose |
The consumer loan is designed for payment of tuition fees. |
2. |
Eligibility |
RA citizens- students of bachelor’s, master’s program and clinical residency program (ordinatura) of state and state-accredited higher education institutions |
3. |
Loan currency |
AMD |
4. |
Loan amount |
Up to AMD 4,000,000 for the entire period of studies, in 5 tranches at most (a tranche for each year), besides, the amount of a single tranche cannot exceed AMD 800,000 or the size of a tuition fee for an academic year. |
5. |
Loan repayment method and loan period |
Monthly annuities; besides, during studies the student will be paying interest only (5 years at most), while upon graduation principal and interest will be payable for a period of up to 10 years. |
6. |
Nominal interest rate per annum |
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7. |
Actual interest rate per annum |
9.45% |
8. |
Loan disbursement method |
The loan will be issued in non-cash manner through transferring the relevant amount to the bank account of higher education institution based on the invoice issued by the education institution and submitted by the customer to the Bank (the document should contain the details as set forth by the RA legislation). |
9. |
Penalty for early loan repayment |
Not applicable |
10. |
Penalty charged for late payment of the principal and interest amounts |
For past due principal amount - 0.015% per day, For past due interest - 0.1% per day. |
11. |
Loan security |
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12. |
Fees and charges |
Not applicable |
13. |
Timeline for making decision on loan application approval or rejection |
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DEAR CUSTOMER,
- Please be informed that the number of your loan applications, including the online ones (with various technical and software solutions and apps), irrespective of their approval or rejection, may have a negative impact on your overall credit rating.