Conditions
Loan purpose
Replenishment of fixed assets
Loan amount
AMD 1.000.000 - 4.000.000
Loan currency
AMD
Annual interest rate
11%-12%.
Loan term
From 6-36 months
Security
At least the guaranty of 2 persons
Commission fee
2%
Loan arrangement is realized
''ARMECONOMBANK '' OJSC branches and head office
 
Demands
Borrower requirements
Resident Individual. Legal entity.
Loan redemption procedure
Monthly. Equally (annuitant), or Non-equally (differential), At the end of tenor.
Negative decision grounds
Negative assessment of the customer’s financial condition. Insufficient profitability of the presented project, insufficient argumentation of the loan purpose. Non-credibility of the presented documents. Unacceptable guarantee. Not presenting the required documents within the predefined timeframe Negative conclusion of the loan register. Other basic reasons which according to the Bank assessment will hamper the loan repayment.
Penalties
For the overdue amount of any outstanding (loan, interest, other charges) term defined in the contract, a penalty of 0.13 per cent of the overdue amount is charged (daily).
Attention! If an early repayment is made in the amount exceeding 20% of the Principle balance as of the first day of each month (which does not include repayment of the part of the loan envisaged by the repayment schedule of the given month) without the Bank's written consent, a penalty in the amount of 5% of the early repaid amount exceeding 20% of the balance of the Principle is applied.
Documents

Documents presented by legal entities
Documents presented by legal entities

1.Copy of State Register certificate.
2.Tax code (copy); TIN.
3. Statement of settlements on liabilities to State budget (mandatory for loans exceeding AMD 10 mln or foreign currency equivalent thereo
4.Statement of accounts receivable andpayable(with breakdown if necessary).
5.Documents supporting the ownership right to the property offered as loan security.
6. Licenses (copy).
7.Passport (copy)
8.Certificate of marriage (divorce, death of spouse) (copy)
9. In case of pledging real estate, ownership certificate (copy);
10. Bank account statement (if necessary).
11. Agreement (copy) with supplier and invoice for import of goods.

Statement on ban from Real Estate Cadastre Department (after lending decision).

Documents to be presented by sole entrepreneurs

1. Copy of State Register certificate,
2.Tax code (copy); TIN.
3. Statement of settlements with State budget or statement on liabilities to State budget from the tax authority of relevant location (mandatory for loans exceeding AMD 10 mln or foreign currency equivalent thereof).
4.Statement of accounts receivable and payable (with breakdown if necessary).
5.Documents supporting the ownership right to the property offered as loan security. 
6. Licenses (copy).
7. Passport (copy).
8. Certificate of marriage (divorce, death of spouse) (copy).
9. In case of pledging real estate, ownership certificate (copy).
10. Bank account statement (if necessary).
11. Agreement (copy) with supplier and invoice for import of goods.
12. Statement on ban from Real Estate Cadastre Department (after lending decision).
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Հաշվիչ
Հավասարաչափ մարումներով
Results Արդյունք
N Վճարման ամսաթիվ Վարկի մնացորդ Վճարվող տոկոսագումար Մարում վարկից Ընդամենը վճարում
Մայր գումարի հավասարաչափ մարումներով
Results Արդյունք
N Վճարման ամսաթիվ Վարկի մնացորդ Վճարվող տոկոսագումար Մարում վարկից Ընդամենը վճարում
Updated: 20/09/2018 14:32