Loans - ԿԱՄՈՒՐՋ վարկային կազմակերպություն

Consumer loans

Loan Calculator

INDIVIDUAL consumer FAMILY income

500,000 - 5,000,000 AMD

With 60 months term

Including a 5-month grace period

without a pledge

If you need money

• for your individual needs

you and your family member can present income statement from the employer or guarantors then “KAMURJ” UCO CJSC provides you loans with the following conditions

Loan Disbursement Conditions

Indicators	Limits
Borrowers	(RA citizen (s) and RA resident individual (s))
Age limitation	Borrowers’ age at the moment of applying must be 18-70
Loan amount	500,000 - 5,000,000 AMD
Annual interest rate	18%
Annual factual interest rate	34.48%
Loan maturity	With 60 months term
Loan grace period (when only theloan interest and service fees are paid)	5-month grace period
Repayment	Monthly equal payments (annuity)
Monthly servicing fee	1% of the balance of the calculated loan amount
Lending territory	The Republic of Armenia
Penalty calculation	Overdue loan amount and overdue interest rates 0.12% per day (maximum 90 calendar days)
Maximum term of loan approval	Within 10 minutes after presentation of all the required documents
Maximum length of loan granting	Within a day after presentation of all the required documents
Loan security measure	Reference from the workplace, as well as, depending on the loan amount, at least 1 voucher (employees registered minimum 6 months)

***Loan Amount

Required documents

• Application form

• Reference from the workplace (specifying the period of work)

• Passport and Social card /Identification card, if available/
• For the guarantor the required documents are the same as mentioned in the 2^nd and 3^rd points and a consent of request

with ACRA/ NORK systems

Other conditions

The number of the expired days of the client’s/guarantor’s current loans and the loans repaid during the last 12 months must not exceed 45 days, and during the last 3 months 20 days, meanwhile maintaining credit limits established by the credit policy which are classified in the terms of the clients and guarantors.

ATTENTION: Actual annual interest rate shows how much the loan will cost to you after paying the interest rate and other payments in defined deadlines and amounts. You can find the calculation order of annual interest rate by pressing here 8/01

ATTENTION: If you do not perform your whole liabilities within prescribed time, the information about you will be recorded in the Credit Register of the Central Bank of Armenia by the creditor.

ATTENTION: The number of loan applications submitted by a Client may have a negative impact on his/her credit rating.

WARNING: Your assets (house, car, etc.) may be confiscated if you do not make payments of interest and credit amount within the prescribed time as well as other regulations specified in the agreement between you and the “KAMURJ” company.