1 subject to provision of all required documents
2 for student loans of up to 500,000 AMD
3 for customers who have no credit history or have had delinquencies of more than 30 days within the last 12 months, and/or are up to 25 years , one guarantee or collaterial required.
Student loans are provided for the partial or full repayment of tuition fees of resident individuals, having documented or stable income, supported by analysis, being students of state educational institutions or educational institutions with state certification.
A borrower of a student loan can be a student of an educational institution, his/her parents, spouse, parents of spouse, sisters, brothers or spouse of sister or brother, sisters and brothers of the student’s parents’, and their spouses and children, student’s grandmothers and grandfathers.
Loans commissions, fees and other applicable charges - Lending operations
Loan calculation example
Interest is calculated based on nominal interest rates. The effective annual rate of interest indicates the true cost of the credit for you, subject to timely payment of interest and all applicable fees.
Information provided to the credit registry
IN CASE OF FAILURE BY THE BORROWER TO PAY INTEREST ON THE LOAN AND PRINCIPAL THEREOF IN ACCORDANCE WITH THE REPAYMENT SCHEDULE, INFORMATION ABOUT THE BORROWER WILL BE SUBMITTED TO THE CREDIT REGISTRY.
“BAD” CREDIT HISTORY MAY IMPAIR YOUR ABILITY TO OBTAIN LOANS / CREDITS IN THE FUTURE.