Student loan Student loan (State program) from Armeconombank
Armeconombank
Student loan (State program)
Relevant for 16.09.2026
Maximum amount
to 4 000 000֏
Without a guarantor
No
Available to non-residents of Armenia
No
A student loan cannot be issued in cash or transferred to your card. The bank will transfer the funds directly to the educational institution's account.
In order to get this loan, you need a guarantor. Usually, banks impose the same requirements on guarantors as on the borrower. | |
Amount | from 50 000 to 4 000 000֏ |
Term | up to 10 years |
Loan effective rate | 6.17% - 7.23% |
Rate | 9% |
Additional rate conditions | Subsidized interest rate։ 2%, 3% for students with excellent academic performance during the last year |
Rate type | Fixed |
Is there a discount for salary clients | No |
Payment type | Annuity |
From which month early repayment is possible | 1 |
Special conditions | Throughout the entire study period, the borrower only pays interest, and after graduation, they begin to repay both the principal and interest in equal installments Loan arrangement is realized at any branch except for Silachi, Nairi MC, Russia-1 and Ararat branches The borrower or their guarantor must have a stable source of income The loan is provided in a non-cash form The loan amount is credited to the bank account of the educational institution |
In order to get this loan, you need a guarantor. Usually, banks impose the same requirements on guarantors as on the borrower. | |
Borrower category | Only for Students |
Borrower age | from 16 years on the date of receiving the loan up to 65 years on the loan repayment date |
Length of service at the last job | 3 months |
Documents for application | Identification document Social card Statement from the corresponding educational institution Document verifying the applicant's or the guarantor's(s) income Copy of student book, if any |
Confirmation of work experience and income | A certificate of employment from the guarantor |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other Armeconombank loans
ArmeconombankLoan without a pledge
Effective rate
21.54% - 23.9%
Amount
to 2 000 000֏
Term
up to 3 years
ArmeconombankOnline Loan
Effective rate
17.81% - 23.75%
Amount
to 5 000 000֏
Term
up to 3 years
ArmeconombankStudent loan from the Bank's resources
Effective rate
20.07% - 20.66%
Amount
to 1 000 000֏
Term
up to 2 years
ArmeconombankLoan with gold item collateral
Effective rate
16.08% - 20.15%
Amount
to 50 000 000֏
Term
up to 5 years
ArmeconombankOnline Loan
Effective rate
17.81% - 23.75%
Amount
to 5 000 000֏
Term
up to 3 years
Armeconombank also offers: