Kamurj Universal Credit Organization has launched a campaign for Lombard credits.

The organization informed that customers will receive a loan with 100%, 125% and 150% of estimated value of gold within the framework of the campaign for Lombard credits secured by gold pledge.

In addition, the annual interest rate has been reduced, which will allow the customers to receive a loan with gold pledge with a nominal interest rate of 14.8% annually, and the outstanding interest rate for existing or former customers of Kamurj UCO will be exclusively 13.8% annual nominal interest rate.

“Taking the requirements of the market into account, the company has made a decision of increasing the loan/collateral ratio, as a result of which, customers, հereinafter, will be able to get a loan at the rate of 100%, 125%, or 150% of the estimated value of gold. Moreover, the high loan/collateral ratio will work for the customers with good credit history.

We are confident that this campaign will be in great demand as for already existing, as well as for new customers of the company, since it gives an opportunity to get a loan in 20 minutes with an affordable interest rate at 150% of the estimated value of gold. The campaign will last until December 31,” noted Armen Arevyan, the head of Marketing, PR and Advertisement department of Kamurj UCO CJSC.