Agricultural loans

Loan Calculator

Annuity Reducing


From 3,000,000 to 108,000,000 AMD

Interest rate - 12,5-13,5%

Loan term 8-60 months  from which

up to 30 months are grace period



If you need money for

   agricultural business development


and for other similar purposes, “Kamurj” UCO CJSC offers you this. 


Loan providing conditions 




Borrower (s)


RA citizen (s) and RA resident individual (s) (individual entrepreneurs)

The resident legal entities

Age limitation

Borrower's age at the moment of applying minimum 20, maximum 70

Loan Amount

3 - 33 million AMD for replenishment of working capital

3 - 75 million AMD for capital investments*

3 - 108 million AMD for combination**

Loan Maturity

8 - 24 months for replenishment of working capital

24 - 60 months for capital investments*

24 - 60 months for combination**

Grace period of loan repayment

3 - 15 months for replenishment of working capital

3 - 30 months for capital investments*

3 - 30 months for combination**

Annual interest rate 

13,5% for replenishment of working capital

12,5% for capital investments*

13,5% for combination**

Payment method

conventional (Interest is charged on the outstanding balance of the loan amount)

Loan commission

 0 % 

Cash withdrawal fee


Lending territory

in the whole territories of the Republic of Armenia

Applicable penalties

Overdue loan amount and overdue interest rates 0.12% per day (maximum 90 calendar days)

Loan Security

real estate or moving property

Additional security

Guarantee for Legal entity and / or individual, pledge of moveable property and so on

Pledge Insurance

Is not mandatory

The borrower covers the insurance expenses according to the tariffs of insurance companies
Maximum length of decision-making

Within 10 days after presentation of all the required documents

Maximum length of  loan granting

Аfter the state registration and submission of the pledge right: 2 working days

* In case of capital investments the wholly  loan amount should be directed to the capital investments, if something else is not specified by the refunding Company

** In case of loans which are for capital investments and working capita,l each part must comply with capital investments and working capital loans granted to the conditions. Loans for the capital investments   do not exceed 75.000 000 AMD, for working capital 33.000.000 AMD.



Loan/ collateral value ratio

In case of immovable property 

up to 60% of liquidation price

In case of movable property and village equipments

up to 50% of liquidation price

In case of movable property 

up to 40% of liquidation price


The loan granting is financed by KFW. 



Application rejection


If the borrower does not perform his loan repayment liabilities in time, or does it partially  (according to the agreement between the Creditor and the Borrower), the borrower is obliged to pay fines to the creditor. Starting from the default day 0,2 percent of the overdue amount will be calculated for each day as a penalty.

If the borrower does not perform his loan interest rate payment liabilities in time, or does it partially (according to the agreement between the Creditor and the Borrower), the borrower is obliged to pay fines to the creditor. Starting from the default day 0,3 percent of the overdue interest amount will be calculated for each day as a penalty.

List of necessary documents

legal and entrepreneur entities 

for individual

All kinds of loans for 30 boarding communities of Tavush and Vajots Dzor regions  (except loan programs provided jointly with the “National Mortgage Company” RCO CJSC and “Home for Youth” RCO CJSC and “Rural Financing Institution -PIU ” GI   as well as Consumer Loan secured with real estate pledge)  are provided  with following privileges: 


   Without loan granting fee 

   Without commission fee


 Annual interest rates of all types of loan have been reduced to 18%. Only the annual interest rate of the individual loan for real estate renovation is reduced to 16%.  



The list of board communities of RA who have privileges


ATTENTION: If you do not perform your whole liabilities within prescribed time, the information about you will be recorded in the Credit Register of the Central Bank of Armenia by the creditor.


WARNING: Your assets (house, car, etc.) may be confiscated if you do not make payments of interest and credit amount within the prescribed time as well as other regulations specified in the agreement between you and the “Kamurj” company.