- Loan Amount: Starting from 100,000 to 20,000,000 AMD but not more than 50% of appraised market value of the car.
- Loan Currency: Armenian dram
- Interest rate: Starting from 17-24% per annum.
- Customer Age: Applicant must have a valid driving license and age between 18 to 65 years old.
- Loan Term: Up to 60 months 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.
Income: Sufficient and stable income.
- Closing Fee: 1% closing fee is charged from originated loan amount but not less than 50,000 dram.
- Default Payment Rates: The Borrower shall pay a late payment fine equal to 2% of the amount due per day when the Borrower defaults on any consecutive loan and/or interest payments .