Tuesday, August 8 2017 14:05

ArmInfo. VTB Bank (Armenia) expands its line of loan products and presents a new offer on the banking market of the Republic of Armenia - consumer loans issued on  the basis of the customer's "Maternity Capital" accounts with VTB Bank (Armenia). The press service of the Bank informed ArmInfo about this.

According to the source, from now on an individual who has an account  of "Maternity Capital" in the VTB Bank (Armenia), for which the  corresponding amount has already been received by the state, can  apply for an interest-free loan for consumer purposes. The loan is  issued and issued on the spot in a matter of minutes without  analyzing the client's solvency. To obtain a loan, you only need to  present a document that proves your identity and social card.

The basic terms of the loan are as follows: issued in AMD for the  period until the end of the current year; The amount of the loan is  set from 25 thousand to 100 thousand drams; The annual interest rate  of the loan is 0%; Commission for consideration of the application -  1000 AMD; A one-time commission for the issuance of a loan - 2.5% of  the loan amount. The loan is issued instantly to a special card with  preferential service tariffs: the issue and maintenance of the card  are free of charge, and for cashing out the funds from the ATMs of  VTB Bank (Armenia) and ACBA-Credit Agricole Bank, as well as POS  terminals located in the Bank's branches receive no interest.

More detailed information on the conditions and tariffs for the  provision of consumer loans can be obtained at the branches of VTB  Bank (Armenia), at www.vtb.am, in the Unified Information Service of  the Bank at 87-87.

"VTB Bank (Armenia)" CJSC became a participant of the international  financial group VTB in April 2004.  At present, VTB Bank, the second  largest in Russia, owns 100% of VTB Bank (Armenia). The Bank is  traditionally one of the leaders of the banking system of the  Republic of Armenia in terms of key indicators. The coverage of the  branch network of VTB Bank (Armenia) has 67 branches with presence  not only in the capital, but also in all regions of the country.