Deposit Secured Loan


Have you invested your money at Inecobank as a deposit, and now unexpectedly need some money? Just apply for deposit secured loan, and get your loan of up to 95% of your deposit. This is a great opportunity for you to keep your savings intact while you can borrow a loan at a low rate.

Loan amount

AMD 500 000 - 30 000 000

Maturity period

up to 60 months
Nominal annual interest rate 

Interest rate on deposit +5 percentage points, but not less than 14%

Loan amount withdrawal fee


Monthly service fee

AMD 0 

One-time service fee


LTV ratio

  • Maximum 95%: in case the loan and the deposit are of the same currency
  • Maximum 70%: in case the loan and the deposit are of different currencies

Loan repayment

  • Annuity (principal and interest monthly repayments)

  • Free repayment schedule (interest monthly repayments, repayment of principal by the end of the loan maturity period)

Repayment of overdue liabilities
For each delayed day, a 0.13% 

 penalty is applied on the overdue amount.

Early repayment penalty

Not applied

Loan provision decision and customer notification period

1-2 business days

Loan provision period

1-3 business days

Loan interest rate is calculated based on the nominal interest rate, whereas the annual percentage rate indicates how much the loan  would cost in case of repayment of interest amount and other payments under the defined timeline and terms. For more information please refer to the "Annual Interest Rate Calculation Guide". 

Annual Percentage Rate (APR) calculation example

Loan amount: AMD 2 000 000

Annual nominal interest rate: 14%

Loan term: 24 months

Additional service fee: AMD 0

Annual percentage rate: 14.93 %

Updated as of 26.03.2024 13:26