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.