Loans - ԿԱՄՈՒՐՋ վարկային կազմակերպություն

Agricultural loans

Loan Calculator

SUBSIDIZED Loan

4 - 15 million AMD

0% interest rate

Up to 60 months-term from which

Up to 12 months are grace period

If you need money

• For the development of small and medium rural business

as for other similar purposes, then "KAMURJ" UCO CJSC offers You a loan with the following conditions:

Loan granting conditions

Indicators	limits
Borrowers	Businessmen of RA
Age limitation	Borrower's age at the moment of applying minimum 18, maximum 70
Loan amount	4 - 15 million AMD
Loan maturity	Up to 60 months-term
Grace period for loan payment	Up to 12 months (when only interest and service charges are repaid)
Annual interest rate	0% 14% interest rate stimulated by the “KAMURJ” UCO out of which 14% (fully subsidized)
Annual factual interest rate	0%-14.93%
Granting fee	Free of charge
Loan application review fee	Free of charge
Applicable penalties	Overdue loan amount and overdue interest rates 0.12% per day (maximum 90 calendar days)
Payment mode	• Annuity (equal monthly payments) • Equal monthly payments on the loan amount • Other - customer cash flow matching
Lending territory	Territory of RA, except Yerevan city
Basic Security	Immovable and movable property
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
Additional Security	Guarantee of Legal entity and / or individual, pledge of other immovable or moveable property
Pledge Insurance	Insurance is made as needed The borrower covers the insurance expenses according to the tariffs of insurance companies
Maximum term of loan approval	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 early repayment of the loan fines and penalties are not charged.

List of necessary documents

For Legal Entities and Private Entrepreneurs

For Individuals

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.