U-KLAIK

Purpose

Purchase of furniture in KALIK and M&S stores.

Requirements to borrower

- physical person,

- absence of negative credit history.

Credit sum

Up to 1 500 000 AMD (at the value of purchased furniture).  

Credit currency

AMD

Credit period

Up to 24 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 the annual 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

Pre-payment

10%

Credit granting order

Cashless

Repayment order

Monthly-equal  (annuity)  instalments

Commission

-

Account opening and service

For free

Guarantee

Guarantee of legal or physical person- by the requirement of the Bank

Fines

The penalty is charged at 0.2% from the delayed  sum

Required documents

- Application form

- Passport

- Social card

- Reference from the employer about position and salary

- Inquiry to the credit bureau ACRA (Free)

- Documents of guarantor (by the requirement of the Bank)