Overdraft with Diners Club Super Premium Cards
A credit line with a 30-day grace period for Diners Club Super Premium cardholders without service fees:
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Currency
Armenian dram
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Maximum Amount
5,000,000 AMD
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Term
24 months
The overdraft is provided in branches of the bank that conduct full financial operations .
Borrower: A citizen of Armenia aged 25 and older and a resident
Purpose of the Overdraft: Consumer
Overdraft Amount: 2,500,000 - 5,000,000 AMD
Maximum Term of the Overdraft: 18-24 months
Annual Interest Rate of the Overdraft: 17%
Actual Annual Interest Rate of the Overdraft: 16.89-19.45%
Method of Providing the Overdraft: Via payment card with cash withdrawal option
Validity Period of the Payment Card: 24 months
Annual Service Fee for the Card: According to the bank's current tariffs*
Cash or non-cash management (except for transactions made at trade and service points): 1%
Interest Payments: Monthly
Repayment of the Overdraft: At the end of the term, 0% deviation
Penalty for Overdue Amounts: 0.13% per day
Penalty for Overdue Interest: 0.13% per day
Early Repayment of the Overdraft: No penalties apply
Attention: Interest payments are calculated based on the nominal interest rate. The actual annual interest rate shows how much the loan will cost you if you make all required payments on time and in the specified amounts.
Required Documents
- Passport
- Public Services Number (social card)
- Certificate from the workplace about the position held, salary, and length of service in the organization:
Useful Information
- The maximum decision-making period for a loan application is 1 working day.
- The maximum loan provision period is 5 working days after submitting all necessary documents.
