Agricultural loans

Loan Calculator

Annuity Reducing


4-60 million drams or Equal USD
Interest rate of 12-14%

From 2 to 7 term of years

If you need money for

      developing agricultural economy

       (Greenhouses, freezers, storehouses, cow house and etc.),
      developing soil and animal husbandry and for other similar purposes

then “KAMURJ” UCO CJSC offers you such kind of loan.


Loan granting terms



 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 18, maximum 60

Loan amount

4,000,000 - 60,000,000 AMD or 10,000 - 150,000 USD

Annual Interest rate of loan

AMD - 14%

AMD - 12% (agricultural cooperatives, mountainous regions and border areas of functioning)

USD - 12%

Annual factual interest rate

12.64% -14.93%

Loan maturity

2 - 7 years  (in case of capital investments)
Up to 2 years (in case of circulating funds)

Grace period of loan repayment


18 months (capital investments)
12 months (circulating capitals)

(only loan interest rate is repaid)

Loan Repayment

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

Loan monthly servicing fee


Loan repayment

Individual schedule

Fitted to the borrower’s requirements 

Loan Security

Real estate or moving property

Additional security

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

Lending territory

RA regions excluding Yerevan

Applicable penalties

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

Pledge Insurance

 Is not mandatory

The borrower covers the insurance expenses according to the tariffs of insurance companies

Loan/ collateral value ratio

In case of immovable property - 60% of liquidation price

In case of movable property and village equipments - 50% of valuated price

In case of movable property - 40% of liquidation price

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 loan repayment no fines and penalties are charged. 


Application Refusal

List of required documents 

Legal and entrepreneur entities

For individuals

In case of loans disbursed in foreign currency, changes in the exchange rates may affect the repayment of loans.  


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.