• Non-recoverable gold-pledged credit lines are provided to the RA citizen individuals with ArCa Credit payment card,
• Currency – AMD, USD, Euro,
• Validity – up to 24 months, but not more than card validity,
• Credit line minimum amount – not specified,
• Credit line maximum amount – 10,000,000 AMD or equal amount in foreign currency,
• Credit line annual interest rate
  • 20-24% for AMD,
  • 15 % for USD,
  • 14 % for EUR,
• Credit line repayments – monthly equal installments (on annuity) to the card account within 1-20 of each month or repayments of quarterly interest amounts, and at the end of the period full repayment of the credit line,
• The credit line interest amount is calculated daily- against the used credit line,
• Credit line security – gold,
• The loan may be provided maximum in the size of 100% of the assessed value.

Maximum assessment values of gold by purity:

• 583 gold: 12,400 AMD
• 750 gold: 15,900 AMD
• 916 gold: 19,400 AMD
• 958 gold: 20,300 AMD
• 999 gold: 21,400 AMD

• Credit line amount is provided non-cash on a payment card,
• The factor for the positive decision and rejection of the provision of a credit line is the assessment of the solvency of the customer,
• The decision on the credit line application is performed within maximum 1 working day upon submission of the application and the package of required documents by the customer,
• The decision, made by the Bank, as a result of the review of the credit line application of the customer, shall be announced to the customer within 1 working day,
• The credit line is provided within maximum 5 working days upon the announcement of the Bank’s decision,
• Credit line shall be registered in the branches of the Bank,
• In case of the early repayment of the credit line, no fines shall be collected.

• The credit line interest amount is calculated on the basis of nominal interest rate. The credit line annual actual interest rate shows the cost of the credit line for you in case of repayment of the interest amounts and other fees in due terms and size.
• During the validity of the credit line agreement, no change of the nominal interest rate is envisaged by the Bank.