Loan Calculator

Annuity Reducing

Subsidized State Support EE renovation Microloan for apartments and individual houses

1,000,000 - 3,000,000 AMD

0% - 5% interest rate

84 months with interest rate

Without service fee

Without pledge



If you need money for your residential real estate


then “KAMURJ” UCO offers you unpledged loan.  


Loan granting conditions 



Borrower (s)

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

Age limitation 

Borrower’s age at the moment of applying minimum 18, maximum 70

The program provides a single crediting opportunity

Loan amount

1,000,000 - 3,000,000 AMD

Loan repayment  

84 months 

Annual Interest rate


The annual interest rate is subsidized and the loans are provided to the beneficiaries: 

0% interest rate in bordering or high mountain areas

2% interest rate in non-bordering rural settlements

3% interest rate in urban settlements that are not bordering settlements

5% interest rate in Yerevan 

Annual actual interest rate

0% - 5.11%

Repayment mode

 Annuity (equal monthly payments)
 Equal monthly payments of the loan amount

Granting fee

Free of charge

Monthly service fee

Free of charge

Loan application review fee

Free of charge

Lending territory

Territory of RA 

Loan security

Guarantee of 1 or 2 individuals depending on the loan amount


Not necessary

Prepayment fine

The borrower is obliged to pay until the prepayment day the calculated interests, which cannot be less than the first eight interest amount stipulated in schedule as well as penalty fees (if they exist). 

Applicable penalties

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

Maximum term of loan approval

Within 7 days after presentation of all the required documents

Maximum length of loan granting

Within a day after presentation of all the required documents


The program is implemented by the “National Mortgage Company” UCO CJSC funding.



List of necessary documents


Required documents


 Aactual annual interest rate


ATTENTION: Actual annual interest rate shows how much the loan will cost to you after paying the interest rate and other payments in defined deadlines and amounts. You can find the calculation order of annual interest rate by pressing here  8/01


Almost all loans up to 3 million AMD or up to 6,000 USD, in about 40 border communities of Tavush, Vayots Dzor, Gegharkunik and Ararat regions of Armenia, are provided with the following privileges:

    Without charging granting fees

    Without charging loan servicing monthly fees

    At reduced interest rate


According to the list of border communities

approved by RA Government decision N30-N 15/01/2015 


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. 

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.