Ardshinbank has improved the conditions for granting loans secured by real estate. The loan can be obtained on the following conditions:

• without analyzing the borrower's income
• up to 80% of the market value of the collateral
• the loan repayment period is up to 15 years
• grace period for repayment of the principal amount of the loan up to 24 months
• possibility of postponing loan repayment for up to 6 months (credit holidays)
• annual interest rate: from 13.5% in Armenian drams, 11.5% in US dollars, 10.5% in euros
• annual actual interest rate: 12.9% - 23%
• in the case of an insurance policy, the interest rate of the loan will be reduced by 1%
• the loan can be issued at a time or in parts within 1 year
• preliminary decision on granting a loan is made in 5 minutes.

The Bank offers refinancing of loans secured by real estate in other banks and/or credit institutions without commission and at a reduced interest rate, at the request of the client, it is possible to combine non-performing loans.

The loan can be used by individuals residing in the Republic of Armenia or the Republic of Artsakh who have reached the age of 21, and who are:

·    the owners of real estate and / or

·    borrowers in other banks or credit organizations of the Republic of Armenia and have a sufficient credit history.

More detailed information about loans secured by real estate can be found on the website of the Bank at the link https://bit.ly/3CxSxQH or by calling the 24-hour call center of the Bank on 012222222.