Credit Line for Existing Borrowers
AraratBank offers a credit line of up to 4,000,000 AMD secured by real estate within the framework of the main consumer loan agreement.
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Currency
AMD
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Maximum Amount
4,000,000 AMD
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Term
60 months
Terms of Provision
The loan is provided in the Bank's branches that carry out full financial operations.
The borrower must be an Armenian citizen or a resident who is at least 22 years old and whose age at the loan's maturity should not exceed 65 years:
The annual interest rate for the credit line is 17%:
The annual effective interest rate ranges from 18.41% to 18.55%:
Factors for approving a loan application - the borrower must submit all necessary documents:
Factors for rejecting a loan application - the borrower has not submitted all necessary documents:
Attention. Loan interest is calculated based on the nominal interest rate:
Documents required to apply - application, copy of the borrower's passport and social card:
The maximum decision-making period for a loan application is 1 working day:
