Ardshinbank has improved conditions for cash loans by lowering the interest rates.

The bank noted that according to new conditions, the loan term is set up to 120 months with annual interest rate starting from 20% and maximum loan amount of AMD 1 600 000. The loan is provided for any purpose, without collateral or under the guarantee of third parties.

“Currently Ardshinbank is working on enhancing access to loans and expansion of its product range. Thanks to agreeable conditions, the bank’s consumer loans are accessible for the borrowers who need them. Moreover, the bank has simplified the lending process, decision time and loan issuance. Now you can get the loan on the spot within several minutes. An income statement is not required,” Strategic Development Director at Ardshinbank Armen Gasparyan said.

To get a loan, you can apply to any branch of the bank, submitting just a passport and public service number.

The bank stressed that for loans with a period of not less than 12 months, the insurance is not mandatory.