For the employees of IT and telecommunications industry
Conditions
Loan purpose 
Personal  
Loan type 
Credit line
Loan amount
AMD 50.000-3.000.000, but no more than tenfold of the average monthly income 
Loan currency  
AMD
Payment card type  
Any payment card, the salary transferred to.(annual service fee is not defined for Arca Classic, Master Standard, Visa Classic payment cards)
Annual interest rate
14% 
Loan term
12-36 months
Redemption frequency
Monthly- equally (annuitant), or non-equally (differential).
By equal repayment of the Principle amount during the last 6 months.
At the end of deadline.
The interest accrued on the used loan is subject to full repayment until the 90th day from the date of settlement
Security 
In case of the amount more than the fourfold of  the average income a guaranty of at least 1 individual, who is not a member of the Borrower's family is required.
As an additional loan security means the Bank may require the guaranty of one or more persons.
Grant way 
Cashless
Commission fee 
Flat fee-1%.
 
Decision period 
10-12 working days
Loan arrangement is realized 
ARMECONOMBANK OJSC Head office and branches
Demands
Borrower's requirements
Resident individual over 18 years
Registered and living in the Republic of Armenia
Has a constant income source acceptable by the Bank
Negative decision grounds
Negative assessment on the customer’s financial condition.
Non-credibility of the presented documents.
Costumer’s negative credit history.
Other reasons which according to the Bank assessment will hamper the loan repayment.
Penalties
In case of non-repayment of amounts (loan, interest, and other payments) set forth by the Agreement on time, a penalty of 0.13% on the overdue amount will accrue for each overdue day.
Documents
NoteDocuments to be presented by individuals 
PunctPassport copies,
PunctDocument containing the number of public services 
PunctThe document certifying the income 
PunctOther documents, if necessary
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: 04/10/2018 12:25