U-Orange

Purpose

Purchase of mobile communication appliance from “Orange Armenia” company.

Requirements to the borrower

1. Individual

2. Absence of negative credit history.

Credit amount

To 600 000 AMD

Credit currency

AMD

Credit period

Up to 24 months

Interest rate

18% annually

Credit interest rate is calculated to the credit reduced reminder. There is not envisaged nominal interest rate by the Bank during the activity of credits contracts, if the borrower does not violate determined conditions of the contract.

Credit interest is computed on the basis of the nominal interest rate. The actual interest rate shows the cost of the credit in case of timely payment of interest and other fees. Please see the annual actual interest rate calculation formula here.

Prepayment

0%

Guarantee

-

Credit provision order

 Credit is provided cashless

Repayment order

On monthly basis, in equal (annuity) installments. Pre-term repayment of the credit is allowed without any limits.

Opening and service of the card

Free

Penalties

In the amount of 0.5% of the overdue amount for each day of delay.

Required documents

-  Application

-  Passport

-  Social card

-  Reference from the employer about position and salary

-  Inquiry to ACRA Credit Bureau Free)

-  Other documents (by the requirement of the Bank).