Student loan State from Converse Bank
Converse Bank
State
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 | 6.16% - 7.28% |
Rate | 9% |
Additional rate conditions | Student Loans Refinanced by " Home for Youth" Refinancing Credit Organization state projec 2%, and 3% upon execellent results, is subsidized under the Project |
Rate type | Fixed |
Is there a discount for salary clients | No |
Payment type | Annuity |
From which month early repayment is possible | 1 |
Special conditions | 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 18 years on the date of receiving the loan up to 70 years on the loan repayment date |
Length of service at the last job | 3 months |
Documents for application | Identification document Social card Certificate from the educational institution Proof of income from the borrower or guarantor |
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 Converse Bank loans
Converse BankConsumer loan
Effective rate
20.65% - 23.83%
Amount
to 2 000 000֏
Term
up to 3 years
Converse BankConsumer loan SNAP
Effective rate
13.53% - 24%
Amount
to 10 000 000֏
Term
up to 3 years
Converse BankStudent Loan
Effective rate
6.16% - 7.28%
Amount
to 4 000 000֏
Term
up to 7 years
Converse BankConsumer loans secured by gold
Effective rate
15.91% - 20.57%
Amount
to 0֏
Term
up to 5 years
Converse BankConsumer loan SNAP
Effective rate
13.53% - 24%
Amount
to 10 000 000֏
Term
up to 3 years
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