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.

 

 

Date due

84 months

36 months

Interest rate (including CASCO)

11.5% (flexible interest rate)

8.5% (fixed interest rate)

Effective interest rate

For nominal interest rate of 11.5% the effective interest rate is 14.02-14.22%

For nominal interest rate of 8.5% the effective interest rate is 12.71-13.12%

Effective interest rate for medium term of the loan

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%

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%

Loan disbursement fee

Lump-sum fee of 0.5% of the loan amount (does not apply to consumer finance)

Lump-sum fee of 0.5% of the loan amount (does not apply to consumer finance)

Fee charged from the car dealer

Lump-sum fee of 6% of the loan amount (VAT included)

Lump-sum fee of 6% of the loan amount (VAT included)

Downpayment 

10 %

10 %

* 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

Services for Individuals

  
HEAD OFFICE

2 Vazgen Sargsyan Street, Yerevan 0010,RA

Tel.: +37410 56 11 11

in USA:

+1 888 802 5352

In UK:

+448000465400

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in the territory of the country

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