For Individual Clients
Special loan terms for purchasing Renault cars
If you like the road and speed, if you are eager to begin your new journey with us – the special offer to buy a Renault is just for you.
You can find your new Renault at the car dealer’s, on special lending terms. Buy your new Renault and get CASCO insurance as a present.
You can choose your new car online, using automarket.ameriabank.am platform. The offer is valid from May 17, 2021 to December 30, 2021, inclusive.
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Date due
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84 months
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36 months
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Interest rate (including CASCO)
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11.5% (flexible interest rate)
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8.5% (fixed interest rate)
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Effective interest rate
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For nominal interest rate of 11.5% the effective interest rate is 14.02-14.22%
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For nominal interest rate of 8.5% the effective interest rate is 12.71-13.12%
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Effective interest rate for medium term of the loan
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The medium term of loans issued with maturity of 84 months is 45 months, with the effective interest rate in the range of 15.42-15.77%
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The medium term of loans issued with maturity of 36 months is 20 months, with the effective interest rate in the range of 15.61-16.34%
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Loan disbursement fee
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Lump-sum fee of 0.5% of the loan amount (does not apply to consumer finance)
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Lump-sum fee of 0.5% of the loan amount (does not apply to consumer finance)
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Fee charged from the car dealer
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Lump-sum fee of 6% of the loan amount (VAT included)
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Lump-sum fee of 6% of the loan amount (VAT included)
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Downpayment
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10 %
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10 %
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* The rest of the terms and conditions of auto lending are specified in Ameriabank CJSC’s Current Terms and Conditions of Consumer Loans for Purchase of Vehicles on Primary Market.
Updated 21.05.2021, 11:50