Credit line, secured with a deposit is provided:

• both resident and non-resident individuals are eligible for the loan, with the exception of American Express Gold and American Express Blue card types. These specific loan types are available to resident individuals.
• within minutes,
• 24/7 via acba digital,
• In case of receiving via acba digital, the lowest interest rate.

In case of repayment of the used credit line, the credit line amount is recovered in the amount of a larger repaid amount.

Currency - AMD

Duration - up to 60 months, but not longer than the validity period of the card

Minimum amount – not specified, except for credit lines with

• American Express Blue cards - 180,000 AMD
• Visa Signature cards - 500,000 AMD
• American Express Gold cards - 1,000,000 AMD

Maximum amount:

• 95% of the pledged amount, if the currencies of the pledged cash and credit line are the same,
• 80% of the pledged amount, if the currencies of the pledged funds և credit line are the same, and no obligatory repayments of the credit line are provided,
• 75% of the pledged amount if the currencies of the pledged cash and credit line are different.

At the same time, the size of the credit line cannot exceed the maximum limit of the credit lines with payment cards.

Within 50 calendar days after the end of each month, 10% of the credit line used as of the end of each month (5% for American Express Gold cards) is paid to the cardholder 's card account or credit code if the currency's credit line currencies are different. , or the credit line is provided at a maximum of 95% of the pledged funds

Minimum required repayments are absent if the currencies of the և credit line are the same, և the credit line is provided at a maximum of 80% of the pledged funds (except American Express Blue cards);

Maximum amount by card types:

• Annual nominal interest rate - branch: AMD 15% . with acba digital: AMD: 14%
• Actual annual interest rate - AMD: 11.19-16.06%,
• Calculation of interest - daily, for the used credit line,
• Security - funds.

You can find more information on tariffs for provision and service of cards by visiting Card Tariffs.

You can also order cards online here.

The credit lines, secured with funds, are provided to the individuals for consumption purposes.

• Credit line is provided in a non-cash form;
• Factors for a positive credit line decision are customer credit rating;
• Factors for rejection of the credit line: insufficient financial performance as a result of the analysis, bad credit history of the customer, insufficiency/lack of required collateral, professional opinion of the Business Advisor, professional opinion of the Credit Committee;
• The credit line is registered in the Bank's branches;
• During the agreement validity, the statements are provided via email every 30 days, if the customer does not select another option.

YOU HAVE THE RIGHT TO COMMUNICATE WITH YOUR FINANCIAL ORGANIZATION IN YOUR PREFERRED METHOD - BY MAIL OR EMAIL. RECEIPT OF INFORMATION ELECTRONICALY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, FREE OF THE RISK OF LOSS OF PAPER INFORMATION AND PROVIDES CONFIDENTIALITY.

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

ATTENTION: APPLYING FOR A CREDIT LINE, THE CREDITOR WILL PROVIDE YOU, YOUR GUARANTORS (if available) WITH AN INDIVIDUAL SHEET OF SIGNIFICANT TERMS OF CREDIT LINE, WHERE THE INDIVIDUAL TERMS OF LOAN, PROVIDED TO YOU, WILL BE PRESENTED.

Confiscation of collateral

THE PLEDGED PROPERTY CAN BE CONFISCATED, IF THE BORROWER DOES NOT DULY REPAY THE INTEREST AMOUNTS AND LOAN AMOUNT. IF THE COLLATERAL VALUE IS INSUFFICIENT, THE BORROWER’S LIABILITIES WILL BE REPAID AT THE EXPENSE OF OTHER PROPERTY OF THE BORROWER.

Information, provided to the Credit Registry

ATTENTION: IN CASE OF FAILURE TO FULFIL THE LIABILITIES OR IMPROPER PERFORMANCE OF LIABILITIES, THE CREDITOR SHALL SEND THESE DATA TO THE CREDIT BUREAU UPON 3 WORKING DAYS, WHERE YOUR CREDIT HISTORY IS REGISTERED. YOU HAVE THE RIGHT TO RECEIVE YOUR CREDIT HISTORY FROM THE CREDIT BUREAU FREE OF CHARGE ONCE IN A YEAR.

ATTENTION: BAD CREDIT HISTORY CAN BE AN OBSTACLE FOR YOU TO RECEIVE A LOAN IN THE FUTURE.

FOR GUARANTORS

Please be informed that:

• If the borrower fails to perform their liabilities, you will pay for it instead, your credit history will be impaired, and your property will be confiscated.
• You will be provided with the copies of the loan agreement, guarantee agreement and repayment schedule.
• The communication will be performed in the way, preferred by you.
• You will be notified 7 days in advance of a change in the terms of the contract.
• A reminder of the current liability will be sent to you 1 day in advance.
• In case of delay of loan repayment, you will be notified at the latest one day later.

THE GUARANTOR HAS THE RIGHT TO:

• Request from the creditor the information on the loan balance at any time.
• Receive the money, paid by you for the loan, from the borrower, as well as other losses incurred by you instead of the borrower.

Financial assistant

www.fininfo.am

ATTENTION: "YOUR FINANCIAL DIRECTORY" IS THE ELECTRONIC SYSTEM FOR SEARCH, COMPARISON OF SERVICES, OFFERED TO INDIVIDUALS, AND MAKING THE SELECTION OF THE MOST EFFICIENT OPTIONS FOR YOU EASIER.