Transfer loans

Transfer loans

Get a loan based on money transfers

Currency
֏, $, ₽, €
Interest rate
21.5% ֏ 19% $
Repayment term
Up to 36 months
Loan maximum amount
Up to 1,500,000 ֏

General

General
Tariffs
Documents
Transfer loans

Transfer loans

Apply for a Transfer Loan, and the Bank will provide you with a loan up to the amount you have received over the past year through express transfer systems.
The loan is provided without collateral, without proof of income. To get a loan, you only need to have a good credit history and an appropriate credit score.
Depending on the number of transfers received, the amount received during the last 4, 6 or 12 months is considered.

Advantages

0% commission
The loan is provided without any commissions
Choice of currency
The loan is available in Armenian drams and US dollars
Provided irrespectively of income
Loan approval depends on the transfers received

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.

12 months 36 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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Transfer loans
Transfer loans
Loan approval depends on the transfers received
The loan is available in Armenian drams and US dollars
The loan is provided without any commissions
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Profi
The loan is being approved within a few minutes
The loan is available in Armenian drams and US dollars
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The loan is provided without any commissions
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Repay the loan during up to 10 years
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Special offer

IDpay

Do you expect money from Russia? Tell them to download IDpay. Instantly receive transfers sent to you from the Russian IDpay system to your IDBank card or account. Just give the sender a phone number attached to the card / account. You can easily attach the phone number through Idram & IDBank application or IDBanking.am platform. Download the app at https://idpay.page.link/apps The money is transferred through the mobile application in seconds. IDpay. faster than the call.

Transfer loans - Special offers
Requirements to the borrower
The borrower received money transfers through payment systems of the Bank with the following frequency: Option 1 - no less than once a month during 4 months preceding the date of submitting application. Option 2 - no less than 3 times during 6 months preceding the date of submitting application (no less than 3 months and one transfer a month), moreover, at least one transfer during the reporting month, or Option 3 - at least 6 times during the 12 months preceding the month of application (6 months minimum, and at least 1 transfer each month), with at least 1 transfer during the most recent 2 months preceding the month of application. The transfers should be received at least during the 3 months.
Maximum limit
Aggregate amount of transfers received during the last 12 months. Monthly amount of the transfer is the aggregate amount of transfers received in all currencies during the given month, expressed in the currency of the required loan, moreover, settlement of conversion is carried out by the purchase rate applicable at the Bank as of the given time.
Currency
AMD / USD / RUB / EUR
Minimum limit
100,000 AMD / 200 USD / 15,000 RUB / 200 EUR
Maximum limit
1,500,000 AMD / 3,500 USD / 200,000 RUB / 3,500 EUR
Annual interest rate
22% / 19% USD / 19% RUB / 19% EUR
Maximum maturity (months)
36
Up front fee (deducted from loan amount)
N/A
Method of disbursement
Non-cash – through payment card
Repayment
Annuity
Status
Individual – RA citizen
Eligible age
Eligible age of the borrower as of the date of accepting the loan application should not be less than 21 and not have exceed 65 at the loan maturity
Requirements to the credit history
1. availability of credit history, 2. no overdue/classified obligations (loan, credit line, overdraft, etc.) on the date of loan application, 3. aggregate of days on overdue obligations during the recent 12 months preceding the date of loan application must not exceed 30 days
Type of the payment card
-ID-Transfer according to the rates applicable by the Bank. -Other cards issued by the Bank (except for Visa Classic/Visa Gold debit), according to the rates applicable by the Bank
Late payment fee (day)
0.1%
Late interest payment fee (day)
0.1%
The Bank can require early repayment of the loan or provision of additional security on the following grounds:
The Bank can require early repayment of the loan or provision of additional security if:1. the client refuses from the payment card, 2. no transfers received via the Bank during 6 months after receiving the loan, 3. information presented for the loan is false or untrustworthy, 4. the Client fails to perform obligations under the agreement, 5. other grounds according to the agreement
Why the loan may be rejected
1. No credit history, 2. Bad credit history, 3. Insufficient volume of transfers, 4. Existence of unsecured loan at the Bank, other than loans/credit lines received in the frames of salary projects, 5. Provision of false or unreliable information, 6. Submission of such information, which puts the return of the loan into question, 7. Other reasons.
Maximum term of taking decision
Maximum 3 business days after submitting all required documents to the Bank
Term of informing the client about the decision made
1 business day after taking decision
Maximum term of validity of the decision
10 business days
Place of acceptance of the loan application
All branches of the Bank
Place of execution and disbursement
All branches of the Bank
Required documents
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Information updated 18.03.2022 04:10
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