Loan Calculator
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BUSINESS LOAN GORTSARARFrom 3-50 million AMD With 12.9% interest rate Up to 84 months period from which up to 24 months are grace period. If you need money for • replenishment of working capital As well as for other similar purposes and You can pledge corresponding property, then “KAMURJ” UCO offers You business loan with following conditions:
In case of early repayment of the loan fines and penalties are not charged
The program is implemented in partnership with the Asian Development Bank We especially encourage female entrepreneurs Application rejection decision for Private Entrepreneurs and Legal Entities Apllication rejection decision for Individuals
Not allowed objectives for Lending Prohibited Investment Activities Not allowed loans connected with Nature Protection according to Asian Development Bank’s handbook Part I, Part II
Penalty payment 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
For Legal Entities and Private Entrepreneurs
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. · |