MasterCard Standart and VISA Classic plastic cards overdraft with gold as collateral


 

Currency OVERDRAFT Loan term Loan-to-value ratio Interest rate (annual) Cards Interest rate (annual) The card minimum balance
USD Minimum: USD equivalent to AMD 30.000, Maximum: USD equivalent to AMD 1.500.000 Up to 3  months 95% of the appraised value 13% MasterCard Standart և Visa Classic
2 000 ՀՀ դրամ

      -
3 – 6 months 90% of the appraised value
6-12 months 85% of the appraised value

Notification
- Interest shall be charged at the point of loan disbursement,
- One-time commission fee in the amount of AMD1.500 shall be charged for gold appraisal,
- One-time commission fee in the amount of AMD1.000 shall be charged for gold appraisal at the point of agricultural loan disbursement in Stepanakert branch,
- Agricultural loans shall be disbursed in Stepanakert, Abovyan, Gyumri, Tsaghkadzor, Dilijan, Artashat, Echmiatsin, Vanadzor, Armavir and Sevan branches. 

Front end fee for the analysis of overdraft application, loan account processing and service fee shall be charged: 

- AMD 1.500 for the loan amount of up to USD 500,
- AMD 2.500 for the loan amount of USD 501-1.500,
- AMD 3.500 for the loan amount of USD 1.501-3.000,
- AMD 5.000 for the loan amount of USD 3.001 -5.000,
- AMD 7.000 for the loan amount of over USD 5.001.

 

Gold karat

Value per gram of gold (AMD)

585

11.400

750

14.600

875

17.000

916

17.600

958

18.700

999

19.500

 

SMS service

terms and conditions

* card expiry

* loan or overdraft maturity upon customer request

* (line of credit) overdraft repayment date and amount drawn from the account  upon customer request   

* annual service fee

* loan or overdraft monthly repayment  upon customer request

 

 

 

    AMD 30.00

 




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