Artsakhbank, CJSC, launches new loan program for mortgage loans directly from the property developer. 

Due to the cooperation of Artsakhbank and Artsat, CJSC, the Bank provides mortgage loans for purchase of real estate and acquisition of the right to purchase real estate. Properties are located in a new dwelling, currently under construction at 55/1, Halabyan Str., Yerevan.  

Loans are granted in the Bank's branches operating in Yerevan on the following exceptionally beneficial term:

- Nominal interest rate՝

                 - for loans in AMD: starting from 11%

                 - for loans in USD: starting from 9.5%

- Loan amount: up to AMD 50 mln or equivalent in USD

- Loan maturity: up to 25 years

- Prepayment: starting from 10%.

Loans are to be repaid either by annuity or differentiated monthly payments. 

ATTENTION. In case of mortgage loans issued for purchase of real estate and acquisition of the right to purchase real estate directly from the property developer, the borrowers are eligible for income tax refund set by the RA Legislation against the loan interest payments.