Credit conditions  UNI- Tourist 

Purpose

Tourism

Requirements to borrower

-  natural persons;   

-  absence of negative credit history;

-  monthly income /salary/.

Credit sum

At the amount of tour package cost

Credit currency

AMD

Credit period

Up to 12 months

Interest rate

20% annually

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 actual interest rate calculation formula here.
During the validity of the credit contract the Bank does not change the nominal interest rate if the borrower does not break terms of the contract.  Credit interest is computed on the reduced credit reminder.

Security

Bank may require physical person and legal entity guarantee.

Credit giving order

cashless

Credit repayment order 

Up to 2 months – repayment only of accrued interest, beginning from the 3^rd month – monthly equal repayment. Pre-term repayment of credit is allowed without limitation.

Account opening and service

 free

Commission

-

Penalties

0,5% on the overdue amount for each day of delay

Presenting documents  

-   application,

-   passport,

-   social card,

-   reference from the working place about working position and salary,

-   invoice,

-   guarantor documents  (upon request of the Bank).