New Offer – Up to AMD 5 Million – Consolidate your Loans and Switch to AraratBank
AraratBank launches a new, attractive loan product, enabling customers to consolidate multiple loans from other financial institutions into a single loan at competitive interest rates.
The Bank offers consumer loans of up to AMD 5 million, tailored specifically for the consolidation and transfer of existing loans from other financial institutions. Applicants are required to have a positive credit history and a proven track record of loan repayment.
Loan Terms:
- Annual Interest Rate: 17%
- Effective Interest Rate:40%
- Loan Amount: up to AMD 5 million
- Additional Loan Amount: an additional amount of up to AMD 1,000,000 may be offered, beyond the transferred loans, but it cannot exceed the maximum loan amount set for this loan product.
- Maturity: up to 5 years
- Application Processing Fee: No fee applies.
Simplify your life by taking control of your financial obligations.
Transfer your existing loans to AraratBank and consolidate them into one — one due date, one monthly payment, and complete peace of mind.
For more details about the new loan offer, visit any AraratBank branch or call at +374 10 59 23 23.
AraratBank is regulated by the Central Bank of Armenia.