To purchase a car from the primary or secondary market, Armeconombank offers loans under the following conditions:

  • annual nominal interest rate from 13.5%
  • loan sum: maximum AMD 20 million
  • loan term: maximum 5 years
  • down payment from 10%
  • effective interest rate - up to 19.13%

 

The car loan is granted without disbursement and service  fees, in case of a down payment of 50% or more, income verification may not be required.

Details on purchasing passenger cars from the primary and secondary markets and secured car loans can be found here.

 

 

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