| Loan currency | AMD |
| Annual interest rate | 12%, of which the state will subsidize the part equivalent to 2 percentage points, and for those with 3 or more minor children - the part equivalent to 3 percentage points |
| Annual effective interest rate | 12.68% |
| Term of Loan | 7 years, (the loan can be granted for a shorter period only with the client's agreement) |
| Loan disbursement method | Non-cash way, by transferring household appliances to the seller's account |
| Maximum loan amount available to one borrower | 1,000,000 AMD for the RA Ministry of Defense, junior and senior officers of the National Security Service under the RA Government, and the middle, senior and chief ranks of the RA Police under the RA Government. , for non-commissioned officers of the National Security Service under the Government of the Republic of Armenia and junior ranks of the Police of the Republic of Armenia under the Government of the Republic of Armenia |
| Maximum number of simultaneous credits | The sum of the existing loans and the contractual amounts of the loan to be received cannot exceed the maximum available limit |
| Safety | Guarantee of a member of the client's family (father, mother, sister, brother, spouse, children). |
*The loan interest rate is subject to revision and determination at the rate of twice the calculation rate of the bank interest if the loan is not refinanced by the relevant organization or the loan financing is terminated. the interest rate of the refinanced loan can be revised every three years. if the new interest rate of the GFH loan is set lower than the old interest rate, then the new interest rate of the consumer loan must be reduced at least by the amount of the difference between the old and new interest rates of the GFH loan. if the new interest rate of the GFH loan is set higher than the old interest rate, then the new interest rate of the consumer loan can be increased by the maximum amount of the difference between the old and new interest rates of the GFH loan
Loan interest is calculated based on the annual nominal interest rate.
The actual annual interest rate of the loan shows how much the loan will cost the customer if the interest payments and other payments are made in the specified terms and amounts. You can familiarize yourself with the actual annual interest rate calculation by downloading the "Example of actual annual interest rate calculation" attached to each loan type section.
Announcement: "Ardshinbank" PB company, before signing the loan agreement, provides an "Individual Sheet" in accordance with Regulation 8/05 on the communication procedure, conditions, forms and minimum requirements of the Bank and the depositor, creditor and consumer approved by the Council of the Central Bank of RA.
WARNING:
If the borrower does not pay interest and loan repayments on time, negative information about him will be recorded in the credit register.
WARNING:
In case of non-fulfilment or improper fulfillment of the credit obligations under the credit agreement, all obligations towards the bank are paid as a means of security at the expense of the funds generated as a result of the confiscation and sale of the pledged property.
WARNING:
In case of non-fulfillment of credit obligations, the
object of the pledge, and in case of its insufficiency, also other property of
the borrower, can be seized and sold extrajudicially or judicially, both by
direct judgment and through public bidding.
| General conditions | |
| Loan origination/service fee | not defined |
| Loan and interest repayments | in equal monthly installments (annuity) starting from the same day of the 2nd month following the month of signing the loan agreement |
| Bank account opening/maintenance | free of charge |
| Minimum bank account balance | not defined |
| Place of acceptance of the application | All branches |