Type of service

Payment limit provided online through InecoMobile system

Method of provision

Non-cash

Currency

֏

Annual nominal interest rate

0 %

Annual actual interest rate

0 %

Payment limit amount

100 000 –5 000 000

Payment limit term

10 years

Transaction amount within the limit

30 000 - 5 000 000

Transaction amount repayment period

3 or 6 months, depending on the terms of cooperation between the Bank and the relevant partner trade and service center

Service fee

Not defined

Cash withdrawal fee

Cash withdrawal is not allowed

Early repayment of transaction amount

The transaction amount can be repaid to the Bank early at any time without any payment/fees

Payment method

Equal monthly payments of the transaction amount provided within the limit

Other terms

The customer has the opportunity to make the monthly payment of the transaction amount in one of the following 3 ways:

on the repayment day by 24:00, fully making the regular payment, in case of which the annual nominal interest rate will be 0%
moving the regular payment to the next month based on the application submitted through InecoMobile system, in case of which the monthly payments defined by the repayment schedule are skipped for one month respectively. Moreover, the customer can use the opportunity to postpone the monthly payment:
- once, in case of a 3-month repayment term for transaction amount
- Twice, in case of a 6-month repayment term for the transaction amount, except for 2 consecutive months.
- In cases of using the option of regular monthly loan payment shift, the actual annual interest rate of the loan will be 1. 11% - 19.04%, depending on the loan amount, the quantity the specified option was used and the month of the loan the Customer used this option.

The customer cannot use this opportunity if:

The balance to be paid on the day of the regular payment does not exceed 1,000 AMD
On the day of the regular payment, the balance of the transaction amount does not exceed the minimum threshold of the transaction amount within the Limit set by this document.
On the day of the regular payment, the customer has classified loans.

* The new schedule is formed automatically on the day of the regular monthly payment at 24:00, after which it is sent to the customer.

Enjoy the moment, the payment can wait!