Bond secured loans

Bond secured loans

Get a loan or credit line secured by your bonds.

Currency
֏, $
Interest rate
Bond % + 1%
Repayment term
Up to bond maturity date
Loan maximum amount
Up to 250 000 000 ֏

General

General
Tariffs
Documents
Bond secured loans

Bond secured loans

Take a bond secured loan. Get a loan in the amount of up to 95% of the nominal value of the pledged bond(s).
You can repay the loan by annuity and discount methods.

Advantages

Choice of currency
The loan is provided in the same currency in which the deposit
Low Interest rate
Starting from 6.8 %
Up to 45 days grace period
Use the money free of interest until the 15th of the following month

Choose a loan

AMD
USD
Loan ammount

You need to choose the loan amount you prefer from the scale below.

I AMD
Loan term, months

You need to choose the loan term that you prefer from the scale below.

1 months 36 months
Type of pledge
Deposit %
Payment method

fixed monthly installments, where the monthly payment throughout the repayment period remains the same and consists of a portion of loan and a portion of interest.

This calculation is informative character and can be changed.

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Loans secured by financial assets
Get a loan or credit line up to the amount of your deposit.

Low Interest rate
Starting from 3.04 %
Choice of currency
The loan is provided in the same currency in which the deposit
High limit
The maximum loan amount is 100,000,000 AMD

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Bond secured loans
Bond secured loans
Starting from 6.8 %
The loan is provided in the same currency in which the deposit
Use the money free of interest until the 15th of the following month
Refinancing loans secured with real property
Consumer loan
Loans secured by financial assets
Starting from 10,5%
The loan is available in Armenian drams and US dollars
The loan is provided without up- front fee
The maximum loan amount is 125,000,000 AMD
The loan is available in Armenian drams and US dollars
Up to 5% of the loan, not more than 5,000,000 AMD
The borrower chooses the repayment option convenient for him
The loan is provided without up- front fee
The maximum loan amount is 125,000,000 AMD
Starting from 3.04 %
The loan is provided in the same currency in which the deposit
The maximum loan amount is 100,000,000 AMD
Use the money free of interest until the 15th of the following month

Special offer

Rocket Line and Rocket Line 0%

Enjoy Rocket Line digital credit now, pay later, without a clear schedule. Rocket Line is a pre-approved limit - maximum 10,000,000 AMD, which you can use for non-cash payments. Your credit obligation will be in the amount used only, starting from the time you began to use the money. Rocket Line is available for Idram&IDBank Premium Plus users who have synchronized Idram and IDBank accounts. See your limit in IDBanking.am, Idram&IDBank application or Idram.am website. You can use Rocket Line 0% when making payment with hundreds of partners, without any interest rate or additional payment.

Bond secured loans - Special offers
Type of the loan
Loan / Credit line
Minimum amount /limit
Not specified
Maximum amount /limit
250,000,000 Armenian drams or equal foreign currency
Currency
US dollars, Armenian drams
Annual interest rate for the loan/credit line
For US dollars (for the same currency bonds) – annual coupon yield + 1%, For Armenian drams (where the bonds are denominated in US dollars) – Refinancing interest rate of the CBA + 5%
Annual interest rate, calculated for the unused part of the credit line
0%
Loan to collateral ratio
1) For the repayment of the loan on annuity basis – in the amount of 95% of the nominal value of pledged bonds, for loans denominated in US dollars, and 85% for loans denominated in the Armenian drams. 2) For discount repayment – in the amount of 100% of the of the nominal value of pledged bonds, for loans denominated in US dollars, and 90 % for loans denominated in the Armenian drams. 3) For credit line - in the amount of 95% of the nominal value of pledged bonds, for loans denominated in US dollars, and 85% for loans denominated in the Armenian drams.
Repayment method
Annuity – equal monthly repayment, or Discount – repayment of interest at the time of disbursement and the principal amount – at the end of the term. 1) Repayment of interest – untill the 15th day of each month in the aggregate amount of interest accrued as of the 1st day of the same month 2) Repayment of the principal at the maturity Grace period for credit line repayment. Interest rates on a non-cash credit line up to 45 days for the previous month (except for transfers from card to card, intrabank and interbank transfers through the Bank-Client system in Armenia and their own accounts) are not calculated if the client has redeemed the used part of the credit line until the 15th day of the current month
Maximum term
Until the repayment date of the bond
Security
Bonds issued by "ID Bank" CJSC by the client or other person (individual, legal entity). Terms of extension. May be extended at the maturity of the loan/credit line, if: 1. As of the time of extension the borrower doesn’t have any classified/overdue loan obligation, 2. The term may be extended maximum till the day of repayment of bonds.
Status
1) An individual, resident of RA, 2) An individual, non-resident of RA 3) Legal entity – resident of RA Except for companies – participants of the financial market, according to the RA legislation
Eligible age of the individuals
On the date of accepting loan application the age of the borrower must not be less than 18.
Requirements to the credit history of individuals or legal entities, RA residents
As of the date of disbursing the loan the borrower must not have overdue/classified obligations
Type of payment card
1) The type of payment card, provided to the borrowers, individuals: - MasterCard Standard/credit lines in the amount below 5 000 000 Armenian drams / USD 10 000 / 650 000 Russian rubles, - Visa Gold for loans/ credit lines in the amount of 5 000 001 Armenian drams/USD 10 001/ 650 001 Russian Ruble to 25 000 000 Armenian drams/USD 50 000/ 3 200 000 Russian Rubles, - Visa Platinum for loans/ credit lines in the amount above 25 000 001 Armenian drams/USD5 0 001/ 3 200 001 Russian Rubles 2) Type of the payment card provided to legal entities– Visa Business- regardless of the amount of the credit/credit line
Annual service fee for payment card
Free of charge
Cashing through ATMs and cashing points
According to the rates applicable in the Bank
Minimum balance of card account
Not specified
Reasons for rejecting the loan/credit line
1) Negative credit history, 2) such information about the client, which puts in doubt thethe information provided by the client to the Bank, 3) such information about the client, which puts in doubt the return of the loan, 4 ) Other grounds
Maximum term making decision on disbursing the loan/credit line
2 business days
Term for notification
1 business day after the decision is made
Term for disbursement
1 business day after submitting loan application, and 3 business days for card loans
Maximum term of decision validity
15 business days
Place of accepting the loan application and execution of the loan/credit line
All branches
Required documents
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Information updated 18.03.2022 04:11
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