VTB Bank (Armenia) offers "Student" loan on beneficial conditions
24.01.2020,
13:57
VTB Bank (Armenia) offers "Student" loan to students and their parents on beneficial conditions. The bank has designed "Student" loan for tuition payment not only at universities, but also for payments for lessons in private schools and classes. The loan allows paying for studying not only in Armenia, but also abroad.

YEREVAN, January 24. /ARKA/. VTB Bank (Armenia) offers "Student" loan to students and their parents on beneficial conditions. The bank has designed "Student" loan for tuition payment not only at universities, but also for payments for lessons in private schools and classes. The loan allows paying for studying not only in Armenia, but also abroad.
The loan can be formalized not either by students' parents and relatives or by students themselves, if they meet the bank's requirements. No guarantees are needed for formalization of the loan. The loan is provided in Armenian drams at 15 to 16.5% annual interest rates for the term from three months to five years. The bank provides AMD 50,000 to AMD 5 million (100% of the tuition fee). The loan is formalized in maximum two working days. No commissions are needed for servicing the credit account.
Clients can repay their loans by using one of the following modes - in a level way, monthly until the study comes to an end and only interests during the study and the principal upon completion of the study. The loan for education is provided for studying in local and international education establishments as well as branches of international education establishments and various classes.
More details about "Student" loan are available in VTB Bank (Armenia) branches and the bank's website www.vtb.am. One can also receive additional information by calling 87-87.
The loan can be formalized not either by students' parents and relatives or by students themselves, if they meet the bank's requirements. No guarantees are needed for formalization of the loan. The loan is provided in Armenian drams at 15 to 16.5% annual interest rates for the term from three months to five years. The bank provides AMD 50,000 to AMD 5 million (100% of the tuition fee). The loan is formalized in maximum two working days. No commissions are needed for servicing the credit account.
Clients can repay their loans by using one of the following modes - in a level way, monthly until the study comes to an end and only interests during the study and the principal upon completion of the study. The loan for education is provided for studying in local and international education establishments as well as branches of international education establishments and various classes.
More details about "Student" loan are available in VTB Bank (Armenia) branches and the bank's website www.vtb.am. One can also receive additional information by calling 87-87.
The effective annual interest rates are 16.61% to 24%. -0---