Rocket loans/credit lines

Rocket loans/credit lines

Rocket loans/credit lines within a few minutes

Currency
֏
Interest rate
up to 21.7%
Repayment term
Up to 60 months
Loan maximum amount
Up to 10,000,000 ֏

General

General
Tariffs
Documents
Rocket loans/credit lines

Rocket loan/credit lines within minutes

Get a loan/credit line up to 10,000,000 AMD within a few minutes, without collateral.
The loan is provided without commission and other additional payments. To get a loan, you need to have a good credit history and an appropriate credit score.

Advantages

0% commission
The loan is provided without any commissions
Without collateral
The loan is provided without pledging any collateral
Long repayment term
The loan is repaid within a period of up to 60 months.
Up to 10,000,000 AMD
Get a loan of up to 10,000,000 AMD

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.

12 months 60 months
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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Rocket Line
Get now, pay over 36 months

Online approval
Get or increase your limit without visiting the bank
0 documenting
There is no need to submit any documents or conclude an agreement
0% commission
The loan is provided without any commissions

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Credit Lines
Get a profitable credit line with Visa or Mastercard credit card

Up to 45 days grace period
Use the amount free of interest up to the 15th day of the following month.
High limit
Maximum loan amount is 10 000 000 AMD
Low interest rate
Interest rate is lower than for the other credit lines - 15-16 % only

Compare products

Rocket loans/credit lines
Rocket loans/credit lines
The loan is being approved within a few minutes
The loan is available in Armenian drams
The loan is provided without any commissions
Rocket Line
Credit Lines
Get or increase your limit without visiting the bank
There is no need to submit any documents or conclude an agreement
The loan is provided without any commissions
Use the amount free of interest up to the 15th day of the following month.
Maximum loan amount is 10 000 000 AMD
Interest rate is lower than for the other credit lines - 15-16 % only
The loan is provided without any commissions

Special offer

Enjoy Rocket Line digital loan of up to 10 million AMD through Idram&IDBank app or IDBanking.am platform. Get now, pay over 36 months. Moreover, you can use Rocket Line 0% when making payment with hundreds of partners, without any interest rate or additional payment. with an actual interest rate of 0% and without additional fees.

Rocket loans/credit lines - Special offers
Type of loan
Loan/credit line
Purpose
Consumption
Currency
AMD
Minimum loan amount/limit
AMD 100,000
Maximum loan amount/limit
AMD 10 000 000
Annual nominal interest rate
AMD-19.9%-21.7%

AMD 19%-21%
Effective annual interest rate
AMD-21.82% -23.99%

AMD- 20.89%-23.34%
Minimum loan maturity
12 months/18 months
Maximum loan maturity
60 months/36 months
Method of disbursement
Non-cash through current account/ Noncash through payment card
Loan and interest repayment method
Fixed monthly payments (Annuity)
Security
1) Credibility score, 2) Cash flows 3) Guarantee of a physical person, upon necessity,
Loan application review fee
Not specified
Loan disbursement lump sum fee
Not specified
Loan account service fee
Not specified
Opening of current account and loan withdrawal fee
Free of charge
Tariffs for payment cards/credit line
1. Idram Rocket Visa – а co-branded card based on the current tariffs available through the following link: Idram Rocket VISA Information bulletin

2. Visa Digital – a digital payment card based on the current tariffs available through the link: Visa Digital Information Bulletin

3. Travel Card payment card based on the current tariffs available through the link: Travel Card Information bulletin
Status
RA citizen physical person
Age eligibility
The borrower/guarantor should be 21 at least as of the date of application, and maximum 65 by the maturity date
Requirements to the credit history of the borrower/guarantor
1. The customer must have a good credit history, or 2. in case the customer has no credit history, he/she must be a registered employee for at least 6*month period preceding the date of the loan provision 3. The customer should not be included in the list of unwanted customers of the Bank.
Overdue loans, per day
0.1%
Overdue interest, per day
0.1%
Early repayment fee
Not specified
Grounds, on which the Bank may require early repayment of the loan
The Bank may require early repayment of the loan, if: 1) the customer withholds from the payment card, 2) information presented to get the loan is false or inaccurate, 3) obligations provided by the agreement failed to be performed, 4) other grounds, according to the agreement
Positive factors for provision of the loan
1) Good credit history, 2) Good Score, 3) Enough cash flow
Loan rejection factors
1. Non-compliance with the conditions of the loan type

2. Adverse credit history of the client

3. Adverse credit history of the person affiliated with the client

4. Insufficient income

5. Insufficient level of creditworthiness

6. Insufficient level of collateral liquidity from the bank's perspective

7. An undesirable client for the bank

8. Provision of false or unreliable information

9. Availability of information casting doubt on loan repayment

10. Lack of a client email address

11. Other reasons
Maximum decision-making period
Up to 5 minutes when applying online/Up to 1 business day when applying at the Bank branch
Notification of the client about the decision
Up to 5 minutes when applying online/Up to 1 business day when applying at a Bank branch. The customer may be notified either within the territory of the Bank, by phone call or through e-mail
Validity term of decision
Maximum 5 minutes when applying online / Up to 5 business days when applying at the Bank branch

Maximum 5 minutes when applying online /Up to 15 business days when applying at the Bank branch
Information regarding credit history and credit score
You can learn about the importance of credit history and credit score here․

Details via abcfinance.am and acra.am links.

Tariff archive

Tariffs valid from 14․11․22-13․08․23
315.94 KB
Required documents
84.83 KB

Apply now

0% commission

Code
+374 (Armenia)
+375 (Belarus)
+7 (Russia)
+32 (Belgium)
+1 (USA)
+1 (Canada)
+49 (Germany)
+86 (China)
+995 (Georgia)
+380 (Ukraine)
+33 (France)
+39 (Italy)
+34 (Spain)
+971 (UAE)
+44 (United Kingdom)
Branch
Vanadzor branch
"Echmiadzin” branch
Davtashen branch
Gyumri branch
IDBank Head Office
Abovyan branch
“Vardanants” branch
"Shengavit" branch
"Nor Nork" branch
"Malatia" branch
"Centre" branch
"Baghramyan" branch
"Arabkir" branch
"Erebuni" branch
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/THE BANK SUPERVISED BY THE CENTRAL BANK OF ARMENIA/
Information updated 15.08.2023 02:24
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