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Card credit lines are provided to citizens, who have documented fixed income.
Card type |
Without security |
With security |
ArCa |
600,000 AMD |
600,000 AMD |
ArCa Credit |
5,000,0000 AMD or equal amount in foreign currency |
30,000,000 AMD or equal amount in foreign currency |
ArCA Transfer Maestro Transfer |
300,000 AMD or the equivalent in foreign currency |
Not provided |
Visa Electron Maestro |
600,000 AMD or the equivalent in foreign currency |
600,000 AMD or the equivalent in foreign currency |
Visa Classic, Visa Charity, MasterCard Standard, MasterCard UEFA CHAMPIONS LEAGUE |
3,000,000 AMD or the equivalent in foreign currency |
6,000,000 AMD or the equivalent in foreign currency |
Visa Gold MasterCard Gold |
9,000,000 AMD or the equivalent in foreign currency |
18,000,000 AMD or the equivalent in foreign currency |
Visa Business |
9,000,000 AMD or the equivalent in foreign currency |
18,000,000 AMD or the equivalent in foreign currency |
American Express Blue |
2,500,000 AMD or the equivalent in foreign currency |
6,000,000 AMD or the equivalent in foreign currency |
American Express Gold |
18,000,000 AMD or the equivalent in foreign currency |
18,000,000 AMD or the equivalent in foreign currency |
American Express Cashback |
1,000,000 AMD or the equivalent in foreign currency |
6,000,000 AMD or the equivalent in foreign currency |
* is not required if the credit line does not exceed 1,000,000 AMD
** provided upon request
Receive a loan without visiting the Bank by signing the loan package electronically
To sign contracts electronically
Step 1 |
An offer to sign the documents is sent to the customer’s email address.
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Step 2 |
After getting acquainted with the documents, the customer clicks on the "Continue to signature" and enters the one-time password sent to their phone number. |
Step 3 |
After entering the password correctly, the customer clicks the "Sign Documents" |
Step 4 |
The documents approved by the bank are sent by email to the customer's email and the credit line is activated. |
Important:
In case of credit lines in foreign currency, the basis for the calculation of the annual actual interest rate is the exchange rate published on the official website of the CBA on the day of provision of the loan; the actual annual interest rate may change depending on the change in the official exchange rate of the Central Bank of Armenia.
ATTENTION: LOAN INTEREST AMOUNTS ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE, AND THE ANNUAL ACTUAL INTEREST RATE SHOWS HOW MUCH THE LOAN WILL COST FOR YOU, IN CASE OF DUE PAYMENT OF INTEREST AMOUNTS, LOAN PRINCIPAL AMOUNT AND ALL MANDATORY FEES FOR PROVISION AND SERVICE OF LOAN. YOU CAN FIND THE CALCULATION OF ACTUAL INTEREST RATE HERE.
Learn more:
Terms of provision and service of cards by card types: Card Tariffs
Failure by the borrower to fulfill its liabilities on time is subject to a fine of 0.13% (applied fines) for each overdue day.
The credit line repayment is performed in the following sequence (in case of repaying overdue liabilities):
Example of calculation of a credit line:
In case of a credit line with VISA Classic card for 36 months with the annual interest rate of 19.5% in the amount of 700,000 AMD, the annual actual interest rate will be 16.59%. The daily interest amount will be Used credit line × Interest rate ÷ 365 = (700,000×19.5%÷365) = 373.97 AMD.
In case of credit lines in foreign currency, the basis for the calculation of the annual actual interest rate is the exchange rate published on the official website of the CBA on the day of provision of the loan; the actual annual interest rate may change depending on the change in the official exchange rate of the Central Bank of Armenia.
ATTENTION: LOAN INTEREST AMOUNTS ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE, AND THE ANNUAL ACTUAL INTEREST RATE SHOWS HOW MUCH THE LOAN WILL COST FOR YOU, IN CASE OF DUE PAYMENT OF INTEREST AMOUNTS, LOAN PRINCIPAL AMOUNT AND ALL MANDATORY FEES FOR PROVISION AND SERVICE OF LOAN. YOU CAN FIND THE CALCULATION OF ACTUAL INTEREST RATE HERE.
Learn more:
Terms of provision and service of cards by card types: Card Tariffs
Failure by the borrower to fulfill its liabilities on time is subject to a fine of 0.13% (applied fines) for each overdue day.
The credit line repayment is performed in the following sequence (in case of repaying overdue liabilities):
Qualified independent appraisal companies cooperating with the bank
Financial Assistant
www.fininfo.am:
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