ARMAT Unsecured Agricultural Loan from Armeconombank
For the sustainable growth of agricultural businesses, Armeconombank offers the ARMAT loan product.
It is a convenient and accessible financing option for individuals and sole proprietors who are looking for an agricultural loan without collateral and with a flexible repayment schedule.
The loan is issued within a maximum of 3 working days.
Main Loan Terms
|
Loan Currency |
AMD |
USD |
|
Loan Amount |
300,000 – 3,000,000 |
700 – 7,000 |
|
Annual Nominal Interest Rate (6–12 months) |
14.5% |
12.5% |
|
Annual Nominal Interest Rate (13–48 months) |
16% |
14% |
|
Annual Effective Interest Rate |
18.49% – 23.51% |
16.20% – 21.21% |
|
Loan Term |
6 – 48 months |
6 – 48 months |
How to Apply
To obtain the ARMAT loan, customers can apply at Armeconombank branches located in Ashtarak, Ararat, Armavir, Artashat, and Echmiadzin.
You can find the branch addresses and working hours here.
Armeconombank continues to uphold its strategy of addressing the real needs of the economy by offering products and services that build a foundation for long-term economic development.