Student loan Student Loan from Converse Bank
Converse Bank
Student Loan
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 800 000 to 4 000 000֏ |
Term | up to 7 years |
Loan effective rate | 6.16% - 7.28% |
Rate | 9% - 17.5% |
Additional rate conditions | - |
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 |
| Commissions | |
Credit issuing fees | 0,5% of the loan amount is loan disbursement fee, is charged once |
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 of employment from the guarantor and the borrower, if applicable |
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.
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