- Loan amount: From 2 million to 12,000,000 AMD but not more than 70% of appraised market value of the car.
- Loan currency: Armenian dram
- Interest rate: Starting from 14% per annum.
- Loan term: Up to 5 years for new cars /cars less than 3 years old / and up to 3 years for old cars /more than 3 years old/.
- Collateral: Pledge of the car financed by the loan.
Sufficient and stable income.
- Closing fee: Fixed 1% closing fee is charged from the total loan amount but not less than 50,000 dram.
- Late payment fine: 2% of the amount due per day.