Agricultural loans

Loan Calculator

Annuity Reducing


4 - 15 million AMD 

0% interest rate

Up to 36 months-term from which

Up to 6 months are grace period


If You need money for small and medium rural business development, You are registered and engaged in agricultural activities in the following target areas:


      a) Acquisition of mother bees, bee colonies, as well as beehives

      b) Construction of livestock buildings and technological support

      c) Acquisition of farm animals (Clause 18 of Article 3 of the RA Law on Veterinary Medicine)

      d) Acquisition of fodder

      e) Acquisition of seeds, seedlings and plants

      f) Acquisition of agricultural land

      g) Acquisition of  working capital (except for the resources specified in subparagraph (e) of this paragraph) and services

       necessary for land, cultivation of agricultural crops, implementation of agro-technical measures

      h) Insertion of modern irrigation systems in the ground plots near the house.

      I) Construction and reconstruction of buildings and structures of industrial significance in the field of agro-processing



then “KAMURJ” UCO CJSC offers You a subsidized agricultural loan with the following conditions:


Loan granting conditions 




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 36 months-term

Grace period for loan payment

Up to 6 months 

(when only interest and service charges are repaid)

Annual interest rate


The interest rate of loans will be subsidized in such an amount so that to provide it to the economic entities: 

0% interest rate for border communities receiving social assistance, approved by the decision N 1444-N of December 18, 2014;

5% interest rate for other communities of the Republic

3% interest rate for agricultural cooperatives

Annual factual interest rate

0% - 14.91%

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.