Loan for Consolidation of Loans/Credit Lines
AraratBank offers a consumer loan of up to 5,000,000 AMD for the purpose of consolidating and transferring consumer loans and credit lines from other financial organizations.
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Currency
AMD
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Maximum Amount
5,000,000 AMD
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Term
60 months
The loan is provided at the bank's branches where full financial operations are conducted.
The borrower must be a citizen and resident of Armenia aged at least 22 years, and their age at the loan's maturity must not exceed 65 years.
The annual interest rate is 17%, and the annual effective interest rate is 18.40%.
The maximum decision-making period for the loan application is 1 working day.
