AraratBank is launching a new campaign, offering compelling refinancing terms for customers with real estate-secured loans.

Under the Join Us campaign, customers transferring their real estate-secured loans from other financial institutions to AraratBank will receive an interest rate 3% lower than the existing rate, starting from only 14.5%. 

The bank reported that within the frames of the campaign, you can enjoy a number of other benefits such as no commission fee, a three-month grace period for repayment of the principal, an opportunity for up to 30% additional financing on top of the loan contract amount, and a maturity of up to 15 years.

If the amount of the transferred loan exceeds AMD 15 million, the costs related to the loan transfer will be covered by the bank.

A simplified loan approval process without income analysis is also available for loans that have been serviced for at least 12 months with no more than 5 days of overdue payments during that period. 

The loan is provided under the following terms: maturity - 3-15 years, loan amount - up to AMD 100 million, actual interest rate - starting from 15.51%.

The offer is valid until December 30, 2025.

For more information, please visit any of AraratBank branches, the bank’s official website or call at +374 10 59 23 23.

AraratBank is regulated by the Central Bank of Armenia.