Renovation loan from Ardshinbank
Ardshinbank
Renovation loan
Relevant for 16.09.2026
Effective rate
12.9% - 16.06%
Rate
12.7% - 13.2%
Amount
to 100 000 000֏
Down payment
from 0%
Term
10 - 20 years
Available for non-residents of Armenia
No
The loan is intended for the repair, improvement, and reconstruction of residential property. | |
Purpose | renovation |
Collateral | Acquired real estate, if necessary, a second property as well. |
Down payment | from 0% |
Loan term | 10 - 20 years |
Loan currency | ֏ |
Loan amount | to 100 000 000֏ |
Payment type | Annuity |
Validity period of the decision | 7 calendar days |
Additional terms | The loan is provided in two stages: 1st stage – 80% of the amount specified in the repair/reconstruction estimate. 2nd stage – 20% of the amount upon submission of the repair/reconstruction estimate. |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Identification documents of the borrower, the borrower's spouse, the co-borrower and the co-borrower's spouse, Marriage certificate Birth certificates of children, Energy passport of an object under construction when purchasing real estate on the primary market, The legal package of a non-cooperating developer, Schedule of construction works, Data on the employment of the borrower and co-borrower, Statements from the individual account of the borrower and co-borrower for the last year, issued by the tax authority, Statements from the borrower's spouse's individual account for the last year. |
Terms apply to the bank's head office and may differ at its branches.
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