The offer comes with a range of benefits:
·
Flexible refinancing terms
·
Interest rates starting from 14.5% per annum
·
2% cashback on the loan amount
·
All loan transfer–related costs covered by the
Bank
·
Up to 30% additional financing available
The annual percentage rate ranges from 15.51% to 16.09%.
The cashback amounts to 2% of the disbursed loan amount, capped at AMD
600,000.
Loan amounts range from a minimum of AMD 15,000,001 to a maximum of AMD
90,000,000.
To ensure maximum convenience when transferring a real estate-secured loan
to AraratBank, the following additional benefits are available, in addition to
the cashback:
·
An optional 3-month grace period on principal
repayment
·
Maturity of up to 15 years
No application review or servicing fees apply.
For more
information about the Update+ loan offer, please visit any branch of AraratBank
or call at +374 10 59 23 23.
AraratBank is regulated by the Central Bank of Armenia.
