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: 18.40%

·         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.

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