Gold-secured loan Gold-backed loan from Araratbank
Araratbank
Gold-backed loan
Relevant for 16.09.2026
Maximum amount
to 10 000 000֏
Loan term
up to 5 years
Receiving such a loan involves transferring gold items to the bank as collateral. They will be stored in the bank until the loan is repaid. | |
Amount | from 30 000 to 10 000 000֏ |
Term | up to 5 years |
Loan effective rate | 15.9% - 23.18% |
Rate | 12% - 17.5% |
Additional rate conditions | The rate may vary depending on the term and amount of the loan |
Rate type | Fixed |
Is there a discount for salary clients | No |
Payment type | Annuity and Differentiated |
From which month early repayment is possible | 1 |
| Commissions | |
Other fees | Commission AMD 100 daily as from the 6th day for pledged gold custody after the expiration of loan agreement |
Receiving such a loan involves transferring gold items to the bank as collateral. They will be stored in the bank until the loan is repaid. | |
Borrower category | Only for Residents of Armenia |
Borrower age | from 18 years on the date of receiving the loan up to 70 years on the loan repayment date |
Proof of income is required | No |
Available for non-residents | No |
Available for pensioners | Yes |
Receiving such a loan involves transferring gold items to the bank as collateral. They will be stored in the bank until the loan is repaid. | |
Documents for application | Identification document, social card |
Documents for pensioners | Identification document, social card |
Receiving such a loan involves transferring gold items to the bank as collateral. They will be stored in the bank until the loan is repaid. | |
Ratio of credit limit to collateral appraisal value: | 100% |
Terms apply to the bank's head office and may differ at its branches.