Loan "MOBIL" for purchase of a car
The loan is provided to RA citizens and/or residents for acquisition of a car / other personal vehicle (s) from the primary markets
The terms of the loan are as follows:
|
Loan currency |
AMD |
|
Loan amount |
2,000,000 - 25,000,000 AMD |
|
Loan term |
24 - 60 months |
|
Value of the vehicle |
Maximum loan amount1 |
|
Up to AMD 12 million inclusively |
80% |
|
AMD 12 million to 17 million inclusively |
75% |
|
More than AMD 17 million |
70% |
|
Annual interest rates by prepayments |
|||
|
Prepayment |
Interest rate |
PTI2 |
|
|
40% and above |
Nominal |
13% |
Revenue analysis is not mandatory |
|
Actual 3 |
14.52 - 19.60% |
||
|
30 – 39.9% |
Nominal |
13.9% |
≤ 60% |
|
Actual |
15.54 - 20.67% |
||
|
20 – 29.9% |
Nominal |
14.9% |
≤ 55% |
|
Actual |
16.69 - 21.88% |
||
1 The value presented in the reference provided by the car dealership or the amount stipulated in the contract concluded with the car dealership is taken as a basis.
2 PTI - The ratio of the maximum amount of monthly repayments of loan principal, interest, service and insurance premiums (if any) as defined by the repayment schedule to the total net monthly income of the borrower/co-borrower.
3The actual interest rate, in addition to the fees specified by the Bank, includes other fees required to obtain the loan, single statement, notary charges and pledge registration fees.
Payment list
|
One-time fee for loan application review |
5,000 AMD |
|
One-time fee for loan disbursement |
1% of the loan amount, minimum 25,000 AMD |
|
Monthly loan service fee |
2,000 AMD |
Pledge costs
| Single reference |
0 |
|
Notary validation |
20,000 AMD |
|
Registration of the right to pledge |
3,000 AMD |