Hot Line +37410 511 211

"Mobil"

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.
 

  General terms and conditions

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