• Opportunity to get a loan also through Acba digital system
• No monthly service fee
• No loan study fee
• Providing a loan within the same banking day
• Loan is provided without collateral and without a garantee*
• Loans are provided without income document to individuals with a permanent income .

* Loan is provided on a cash flow basis. Due to the Borrower's creditworthiness assessment, the guarantor(s) may be required

Consumer credits are provided to resident individuals who have documented or verified stable income.

• Currency: AMD
• Duration: maximum up to 60 months, minimum - 9 month
• Minimum amount: 50,000 AMD
• Maximum amount: 5,000,000 AMD
• Annual interest rate:
  • in case of duration of 9-12 months - 12.9-13.9%
  • in case of duration of 13-24 months - 14.9-15.9%
  • in case of duration of 25-36 months - 16.9-18.5%
  • in case of duration of 37-60 months - 18.6%-18.9%
  • In case of providing a loan through Acba Digital system - 19.9%
• monthly equal or equal parts of the principal amount
• Loan collateral: without it, on the basis of the borrower's financial flow
• Interest amount calculation: daily towards the loan reducing balance
  
  Get your wages through the Bank and enjoy privileged conditions starting at 11.4% per year.
  You can get acquainted here the loan portfolio by the work plan.

Required documents:

• Personal identification documents of the applicant,
• Social services number,

The following documents may also be required:

• Statement from the place of employment or other documents verifying the customer’s income. The statement/documents should specify the customer’s net monthly income after all applicable taxes. If the customer is engaged in entrepreneurial or licensed activities, tax reports and founding documents (with copies) of the legal entity or sole proprietorship must also be provided,
• Copies of personal identification documents of guarantors,
• Other documents, as requested (e.g. statement(s) from the place(s) of employment of family member(s).

Important to know window

• The loan is processed through ACBA Digital system (in case of established conditions) or in the Bank branch.
• Loans are provided to resident individuals with documented income for consumer use.
• The loan amount is provided non-cash.
• The factors of a positive decision to provide a loan are the assessment of the customer's creditworthiness.
• Loan rejection factors are insufficient financial results of the analysis, poor credit history of the customer; insufficiency / lack of necessary security, professional opinion of the Business Consultant, professional opinion of the Credit Committee.
• During the validity of the contract, the statements are provided by e-mail at a frequency of thirty days, if the customer does not choose another way of communication

Loan account statement subject to mandatory provision under RA legislation and other information is provided free of charge. The statement subject to non-mandatory provision by the RA legislation, the copy of the statement is provided

• In case of validity of up to 6 months (inclusive) - free of charge,
• In case of validity of 6 to 12 months (inclusive) - 2,000 AMD (including VAT),
• In case of validity of more than 1 year - 3,000 AMD (including VAT).

YOU HAVE THE RIGHT TO COMMUNICATE WITH THE FINANCIAL ORGANIZATION BY YOUR PREFERRED WAY OF COMMUNICATION, BY MAIL OR ELECTRONIC MEANS. RECEIVING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, IS FREE OF RISK OF LOSS OF PAPER INFORMATION AND ENSURES PRIVACY.

The Bank may unilaterally change the interest rate stipulated in the agreement by notifying the Borrower at least 7 calendar days in advance in case of non-use of the loan, as well as in case of non-fulfillment of the obligations under the loan agreement.

ATTENTION: WHEN APPLYING FOR A LOAN, THE CREDITOR WILL PROVIDE YOU, GUARANTOR(S) (if available) WITH AN INDIVIDUAL SHEET OF SIGNIFICANT TERMS OF CONSUMER LOANS, IN WHICH THE INDIVIDUAL LOAN CONDITIONS TO BE PROVIDED TO YOU WILL BE SPECIFIED.

Information provided to the credit registry

ATTENTION: IN CASE OF NO-PERFORMANCE OR IMPROPER PERFORMANCE OF OBLIGATIONS BY YOU, AFTER 3 WORKING DAYS THE CREDITOR SUBMITS THESE DATA TO THE CREDIT BUREAU, WHERE YOUR CREDIT HISTORY IS CREATED. YOU HAVE THE RIGHT TO RECEIVE YOUR CREDIT HISTORY FROM THE CREDIT BUREAU ONCE A YEAR FREE OF CHARGE.

ATTENTION: BAD CREDIT HISTORY MAY PREVENT YOU FROM RECEIVING A LOAN IN THE FUTURE.

FOR GUARANTEES.

Please be informed that:

• If the borrower does not fulfill the obligations, you will pay for him, your credit history will deteriorate, you will lose your property.
• An example of a loan, guarantee agreement և repayment schedule will be provided to you.
• Communication will be done in the way you choose.
• You will be notified 7 days in advance of the change in the terms of the contract.
• A reminder will be sent 1 day in advance about the existing obligation.
• In case of late repayment of the loan, you will be notified in a day at the latest.

THE GUARANTEER HAS A RIGHT

• Request information from the lender on the amount of the loan balance at any time.
• Repay the loan amount you paid for the loan, as well as other losses incurred on behalf of the borrower.

Financial Assistant

www.fininfo.am

ATTENTION: "YOUR FINANCIAL INFORMATION" IS AN ELECTRONIC SYSTEM, WHICH MAKES THE SEARCH, COMPARISON AND SELECTION OF THE SERVCES, PROVIDED TO INDIVIDUALS, EASIER.