Consumer loan Privilege Loan from Mellat Bank
Mellat Bank
Privilege Loan
Relevant for 16.09.2026
Maximum amount
to 5 000 000֏
Without a guarantor
No
Available to non-residents of Armenia
No
In order to get this loan, you need a guarantor. Usually, banks impose the same requirements on guarantors as on the borrower. | |
Amount | from 1 000 000 to 5 000 000֏ |
Term | up to 4 years |
Loan effective rate | 15.4% - 18.7% |
Rate | 14% - 16% |
Rate type | Fixed |
Is there a discount for salary clients | No |
Payment type | Annuity and Differentiated |
From which month early repayment is possible | 1 |
Special conditions | Cash withdrawal is available only at the branch, as the bank does not provide plastic cards |
| Commissions | |
Application review fee | No commission |
Cash withdrawal fee | 0,35% |
Credit entry fee | 1% |
Other fees | No commission |
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 Civil Servants |
Borrower age | from 21 years on the date of receiving the loan up to 63 years on the loan repayment date |
Documents for application | Identification document, social card, employment contract, income statement |
Terms apply to the bank's head office and may differ at its branches.