Loans secured by cash collateral and bonds

Loans secured by cash collateral and bonds

Get a loan or credit line up to the amount of your deposit/bond.

Currency
֏, $, ₽, €
Interest rate
Deposit/bond % + 2%
Repayment term
Deposit/bond term
Loan maximum amount
Up to 250 000 000 ֏

General

General
Tariffs
Documents
Loans secured by cash collateral and bonds

Loans secured by financial assets

Get a profitable loan against cash /bond security.
You can pledge your deposit, bond, money in your bank accounts. You can repay the interest on the loan by annuity, spring and grace methods.
The loan interest rate is only 2% higher than the applicable annual interest rate on the pledged funds.

Advantages

Get a loan or credit line up to the amount of your deposit/bond

Choice of currency
The loan is provided in the same currency in which the deposit
High limit
The maximum loan amount is 250,000,000 AMD
Low Interest rate
Starting from 2.28 %
Up to 45 days grace period
Use the money free of interest until the 15th of the following month

Choose a loan

AMD
USD
Euro
RUR
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
Bond %
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.

You may be interested in

Consumer loan
Get mortgage loans with or without your income proof

Choice of currency
The loan is available in Armenian drams and US dollars
Providing a credit line
Up to 5% of the loan, not more than 5,000,000 AMD
Fixed and floating interest rate
The borrower chooses the repayment option convenient for him

Compare products

Loans secured by cash collateral and bonds
Loans secured by cash collateral and bonds
Starting from 2.28 %
The maximum loan amount is 250,000,000 AMD
Use the money free of interest until the 15th of the following month
Consumer loan
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

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.

Loans secured by cash collateral and bonds - Special offers
Loan type
Loan / Credit line
Purpose
Other
Currency
AMD, USD, RUB, EUR
Maximum amount
AMD 250 000 000 or equivalent amount in the foreign currency
Annual nominal interest rate
Single-currency loan-Interest paid on the deposit and/or the annual coupon rate of the bond + 2%

Multicurrency loan-Refinancing interest rate of the Central Bank of Armenia + 5%
Annual effective interest rate
Single-currency loan: 2.28%-11.60%/2.63%-18.57%

Multicurrency loan: 16.08%/16.57%-23.38%
Annual interest rate accrued on the unused part of the credit line
Credit Line: 0%
Maximum term
Before the maturity date of the bond and/or deposit
Minimum term
2 month
Minimum amount
AMD 100,000 or its equivalent in a foreign currency
Repayment method
Loan: 1. Annuity – equal monthly payments, 2. discount – repayment of interest at the beginning of the term, and repayment of the principal amount at the end of the term 3. Spiral – equal monthly repayment of the principal amount, and monthly payments of interest / Credit line: 1. Repayment of interest before 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 principal amount at the end of term.
Grace period for credit line repayment
Credit Line: Up to 45 days, no interest is calculated towards non-cash amount used from the credit line during the previous month (except for card to card transfers, intrabank and interbank transfers on the RA territory and transfers between own accounts) if the client makes repayment of the used parts of the credit line before the 15th day of the current month
Minimum/maximum amount of monthly repayment of credit line
Not defined
Maximum loan/collateral ratio
Single-currency loan -95%

Multicurrency loan - 90% of the nominal amount of the pledged bonds
Disbursement method
Loan: AMD loans are provided non-cash through a current account. foreign currency loans are provided non-cash through a payment card / Credit Line: non-cash through a payment card
Security
funds invested in the Bank by the client or another person (individual, legal entity or individual entrepreneur), and/or the right of claim to funds and/or purchased bonds issued by “IDBank” CJSC
Extension of loan/credit line term
The term of the loan/credit line may be extended on the basis of an application submitted by the Client at least one business day before the end of the loan/credit line, in accordance with the conditions in force at the Bank on the date of extension, if:

1) in case of loans up to AMD 20 million and the equivalent in foreign currency the borrower should not have a delay of more than 3 (three) business days for classified or overdue loan liabilities at ID Bank as of the date of acceptance of the loan application.

2) In case of loans exceeding AMD 20 million or the equivalent in foreign currency:

3) The borrower should not have a delay of more than 3 (three) business days for classified or overdue loan liabilities in the financial banking system of the Republic of Armenia as of the date of acceptance of the loan application.

The term of the loan/credit line can be extended maximum until the maturity date of the deposit and/or the bond.
Status
RA resident/RA non-resident physical entity
Age restriction
The borrower’s age must not be below 18 as of the date if acceptance of the loan application.
Requirement to the credit history (good credit history)
For loans up to AMD 20 million or its equivalent in a foreign currency: The borrower should not have a delay of more than 3 (three) business days for classified or overdue loan liabilities at ID Bank as of the date of acceptance of the loan application. For loans exceeding AMD 20 million or its equivalent in a foreign currency: The borrower should not have a delay of more than 3 (three) business days for classified or overdue loan liabilities in the financial and banking system of the Republic of Armenia as of the date of acceptance of the loan application.
Daily fine, penalty for overdue loan
0.1%
Daily fine, penalty for overdue interest amount
0.1%
Early loan repayment fine
Not defined
Grounds for requesting early repayment of the loan
The Bank’s competent body can request early repayment of the loan, if: - The information provided for receiving a loan are false or unreliable, - The client has a classification other than “standard” in terms of loan obligations in the RA financial-banking system, - The client refuses the payment card, - Other grounds according to the agreement.
Type of card
Payment cards of any type issued by the Bank, except for debit cards and ArCa payment cards
Payment card tariffs
In accordance with the tariffs set by the Bank for specific payment cards available through the following link: Information bulletin of payment cards
Loan/credit line disbursement commission fee
Not defined
Rejection factors
1) bad credit history, 2) provision of false or unreliable information, 3) provision of such information which disputes the return of the credit line, 4) absence of email address of the client, 5) other factors
Extension factors
1) compliance of the borrower’s information with these lending conditions, 2) good credit history
Maximum term for making decision on loan/credit line disbursement
maximum 2 business days after submission of the required documents to the Bank
Term for notification about the decision
1 business day after the decision is made. The Bank can notify the client about the decision made on provision of the loan at the premises of the Bank, by a phone call or e-mail.
Loan/credit line disbursement term
1 business day after submission of the loan application except for card loans the term for which is 3 business days
Maximum decision validity term
15 business days
Place of accepting and processing loan/credit lineapplications
all branches of the Bank
Required documents
79.71 KB
© 2022 All rights reserved by IDBank
/THE BANK CONTROLLED BY THE CENTRAL BANK OF ARMENIA/
Information updated 24.11.2022 06:40
Developed inNew Site