Saturday, October 7 2017 12:36
Karina Melikyan

Ardshinbank Offers a Credit Line up to 14 Times Net Salary

Ardshinbank Offers a Credit Line up to 14 Times Net Salary

ArmInfo. Ardshinbank announces better terms on credit lines with reduced limits within salary projects. According to the new conditions, it is now possible to get a credit line up to 14 times the salary. The term of credit line has also been extended, according to which it can be repaid up to 70 months.

"Being one of the largest and leading banks in the country, Ardshinbank periodically expands and improves its services trying to justify the expectations of each customer. This credit line allows the customer to receive the amount up to 14 times the monthly salary and with up to 70 months maximum repayment term. Moreover, the annual nominal interest rate for this line of credit is 0%," said Armen Gasparyan, Strategic Development Director at Ardshinbank.

What’s more, participants of salary projects at Ardshinbank enjoy the privileges of transferring a loan from other banks, preferential terms of deposits, free insurance against accidents, as well as discounts on various services.

POST A COMMENT
Input digits     


News
Prime Minister discusses digital transformation of Armenia`s  healthcare system, following the French modelPrime Minister discusses digital transformation of Armenia`s  healthcare system, following the French model
Expert: Armenia has a fairly well-developed semiconductor electronics  clusterExpert: Armenia has a fairly well-developed semiconductor electronics  cluster
Yerevan highlights the importance of effective cooperation between  financial institutions in implementing investment programs in the  countryYerevan highlights the importance of effective cooperation between  financial institutions in implementing investment programs in the  country
AI is not future, it is present - Eduard MusaelyanAI is not future, it is present - Eduard Musaelyan
AI predetermines Armenia`s future - premier AI predetermines Armenia`s future - premier 
Armenia needs transition from `subsidizing stability` to `investing  in innovation` - Tigran Jrbashyan Armenia needs transition from `subsidizing stability` to `investing  in innovation` - Tigran Jrbashyan 
TeamPay presents its new digital payment card at DigiTecTeamPay presents its new digital payment card at DigiTec
Civil Contract nominates Armen Ktoyan for  Central Bank Board Member  positionCivil Contract nominates Armen Ktoyan for  Central Bank Board Member  position
Gevorg Papoyan: TRIPP - collaboration exclusively with  U.S.Gevorg Papoyan: TRIPP - collaboration exclusively with  U.S.
Ardshinbank Offers 3% Cashback on Mortgage Loan Refinancing  Ardshinbank Offers 3% Cashback on Mortgage Loan Refinancing  
Germany to issue EUR 84.6mln for accumulators for solar panels Germany to issue EUR 84.6mln for accumulators for solar panels 
FLYONE ARMENIA announces promotion campaign FLYONE ARMENIA announces promotion campaign 
`Rebranding` of national debt in Armenia `Rebranding` of national debt in Armenia 
Share of Armenia`s top five trading partners 64% against 74% year ago Share of Armenia`s top five trading partners 64% against 74% year ago 
Armenia`S foreign trade turnover 41.1% downArmenia`S foreign trade turnover 41.1% down
AraratBank and Teach For Armenia Sign Memorandum of Cooperation AraratBank and Teach For Armenia Sign Memorandum of Cooperation 
RA State Revenue Committee of Armenia identifies unregistered  employees, violations of cash register operation rulesRA State Revenue Committee of Armenia identifies unregistered  employees, violations of cash register operation rules
Armenia center of attraction of regional technological potential;  20th DigiTec technology exhibition opened at Meridian Exhibition  CenterArmenia center of attraction of regional technological potential;  20th DigiTec technology exhibition opened at Meridian Exhibition  Center
UN WFP programs in line with Armenia`s national priorities and  sectoral strategies - minister UN WFP programs in line with Armenia`s national priorities and  sectoral strategies - minister 
Armenia to get large technological park Armenia to get large technological park 
Armenian government recalculates funds for housing for forcibly  displaced Nagorno-Karabakh Armenians Armenian government recalculates funds for housing for forcibly  displaced Nagorno-Karabakh Armenians 
IDBank Sponsors YSU International Conference on “Transforming Economy” IDBank Sponsors YSU International Conference on “Transforming Economy” 
RA Ministry of Interior, ADB discuss priority areas of cooperation in  disaster risk management RA Ministry of Interior, ADB discuss priority areas of cooperation in  disaster risk management 
Amulsar mine to reach 50% of its capacity next year - ministry Amulsar mine to reach 50% of its capacity next year - ministry 
Armenian government to help procurement companies purchase grapes Armenian government to help procurement companies purchase grapes 
Armenian government to allocate AMD 1.582bln for cofinancing       subvention programs Armenian government to allocate AMD 1.582bln for cofinancing       subvention programs 
Ardshinbank Offers 5% Cashback on Business Loan Refinancing Ardshinbank Offers 5% Cashback on Business Loan Refinancing 
Services sector shows higher growth Services sector shows higher growth 
Proceeeds of Armenia`s trade sector $10.6bln in Jan-Aug, 2025 Proceeeds of Armenia`s trade sector $10.6bln in Jan-Aug, 2025 
Proceeds of Armenia`s communication sector show slower growth Proceeds of Armenia`s communication sector show slower growth 
Armenian premier to take part in Invest in Connectivity - Grow in  Stability forum in Tbilisi Armenian premier to take part in Invest in Connectivity - Grow in  Stability forum in Tbilisi 
Percent margin down to 3% against 5% in Armenia in first half of 2025 Percent margin down to 3% against 5% in Armenia in first half of 2025 
Cargo traffic 1.1% up, passenger traffic 2.8% down in Armenia in  Jan-Aug, 2025Cargo traffic 1.1% up, passenger traffic 2.8% down in Armenia in  Jan-Aug, 2025
Energy output 7.1% up in Armenia Energy output 7.1% up in Armenia 
ContourGlobal and Ardshinbank together for the Bank’s largest financing transaction in Armenia`s energy system ContourGlobal and Ardshinbank together for the Bank’s largest financing transaction in Armenia`s energy system 
Opposition MP on results of Armenian government`s social policyOpposition MP on results of Armenian government`s social policy
M4EG initiative launching third stage of its project in ArmeniaM4EG initiative launching third stage of its project in Armenia
They`re just trying to pull the wool over people`s eyes - Robert  Kocharyan They`re just trying to pull the wool over people`s eyes - Robert  Kocharyan 
Russian-Armenian businessman Ruben Vardanyan, who is in Baku prison,  quits Atom car project Russian-Armenian businessman Ruben Vardanyan, who is in Baku prison,  quits Atom car project 
Heads of railway companies from Kazakhstan, Azerbaijan, and Georgia  sign joint action plan for Middle CorridorHeads of railway companies from Kazakhstan, Azerbaijan, and Georgia  sign joint action plan for Middle Corridor
Back in 2022, experts called for not demanding income statements from  individuals with income `unseen` by State Revenue Committee, today  they are `bringing good news` - expertBack in 2022, experts called for not demanding income statements from  individuals with income `unseen` by State Revenue Committee, today  they are `bringing good news` - expert
Armenia ranks 57th in Economic Complexity IndexArmenia ranks 57th in Economic Complexity Index
ZCMC Unveils Its 2024 Sustainability Report, Marking Four Consecutive Years of Transparent ESG Reporting in ArmeniaZCMC Unveils Its 2024 Sustainability Report, Marking Four Consecutive Years of Transparent ESG Reporting in Armenia
Financial Literacy with Idram and IDBank: A Meeting with the Students of the Republican Center for Children and Youth Financial Literacy with Idram and IDBank: A Meeting with the Students of the Republican Center for Children and Youth 
Mortagors gets more under income tax reimbursement program as  compared with 2024 - premier Mortagors gets more under income tax reimbursement program as  compared with 2024 - premier 
Ameriabank to bring lending of mining industry up to $500mln in near  future Ameriabank to bring lending of mining industry up to $500mln in near  future 
Food services prices rising in Armenia, y/y inflation 3.7% Food services prices rising in Armenia, y/y inflation 3.7% 
Circular approach as factor of economic sustainability in mining  industry Circular approach as factor of economic sustainability in mining  industry 
Towards the elections. Armenian authorities decide to raise salaries for civil servantsTowards the elections. Armenian authorities decide to raise salaries for civil servants
Renovation Loans, Fast and Affordable with IDBank Renovation Loans, Fast and Affordable with IDBank 
SIA 2025 Award Ceremony Held under AraratBank Sponsorship SIA 2025 Award Ceremony Held under AraratBank Sponsorship 
Mining industry strategic field for Ameriabank Mining industry strategic field for Ameriabank 
RA premier attends opening ceremony of Business Accelerator building  in Engineering CityRA premier attends opening ceremony of Business Accelerator building  in Engineering City
Armenia needs large-capacity nuclear power plant - expert Armenia needs large-capacity nuclear power plant - expert 
Armenia, Meta company plan to expand cooperation in digital policy Armenia, Meta company plan to expand cooperation in digital policy 
Armenian premier grateful to conscientious taxpayers Armenian premier grateful to conscientious taxpayers 
Within five years, Armenia`s mining industry could generate $3  billion in exports - Vardan Janyan Within five years, Armenia`s mining industry could generate $3  billion in exports - Vardan Janyan 
Geological service to be founded in Armenia in 2027 Geological service to be founded in Armenia in 2027 
Armenia should manufacture its own engineering products both for  itself and for world economy - minister Armenia should manufacture its own engineering products both for  itself and for world economy - minister 
Tax policy needs continuous improvement - premier Tax policy needs continuous improvement - premier 
Read more
Exchange rates
14.10.2025
RUB4.770.04
USD382.770.20
EUR442.18-1.07
GBP507.67-2.79
CAD271.93-1.30
JPY25.190.04
CNY53.61-0.03
CHF476.080.13