Do You need money for meeting Your everyday needs? Satisfy Your household or economic needs via consumer loans.  

Acquire consumer loans with best terms

The decision on consumer loans is made within 10 working days following submission of required documents by a customer to the Bank. Within maximum 2 working days a borrower is informed about the decision and he is provided with a loan within maximum 5 days once required documents envisaged for the contract have been submitted. In case a loan application is turned down, a customer received written notification about the reasons of rejection.

Stipulations for the Bank's approval to provide a customer a loan are as follows:

• ability to pay the loan
• existence of borrower's financial resources
• the quality and type of loan security
• loan history of a borrower
• transfers of accounts in the Bank
• characteristics and field of activity
• general economic conditions impacting on a borrower's activity
• personal qualities of a borrower
• the opportunity of supervision over the loan

Mortgage estimation and formal procedure

Basic funds are estimated by independent estimating companies collaborating with the Bank according to tariffs defined by the companies. All the expenses and mortgage estimation and formal procedure (notarial certification, registration in territorial subdivisions of real estate cadastre) are covered by a borrower.   

There aren't stipulations limiting loan availability.

The list of documents

Consumer "Instant" loans for all those who prioritize and save their time   

Armenian Development Bank offers "Instant" loans for the persons who value their time and strive to get the necessary money as quickly as possible.

 You will be informed of preliminary decision on loan provision on the same day and You can get the loan within a few days. The advantages of "Instant" loan provided by Armenian Development Bank are as follows:

• there isn't demanded expenditure on estimation of mortgaged real estate
• there isn't required insurance of mortgaged real estate
• there isn't charged application fee
• there isn't charged fine for early loan payment
• it is given without substantiation of revenues and loan objective

A decision on loan provision is made within 2 working days after submission of required documents by a customer. 

The list of documents