Property Secured Personal Loan

 

Property Secured Personal Loan

Credit solutions for your needs

  • Affordable
    Enjoy up to AMD 60 million loan amount with starting 15% annual interest rate.
  • Straightforward
    No annual service fee is charged, you only pay once for receiving the loan.
  • Flexible
    Choose loan currency and term to best suit your needs.
  • Convenient
    We process your loan application within 5 days after receiving all documents so you can have quick access to your money.


Personal Assistance Loans

Whatever you have in mind, our range of loans will help to make it a reality

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Your property may be repossessed in case you do not properly meet your loan obligations.

Your property may be repossessed in case you do not properly meet your loan obligations.

Note: In case of discrepancies between the Armenian and English versions of this page, the Armenian version shall prevail.

Last updated on: 21/07/2015 02:00

Note: In case of discrepancies between the Armenian and English versions of this page, the Armenian version shall prevail.

Last updated on: 21/07/2015 02:00

 

Required documents

  • Valid passport, residency card or Identification card (ID)
  • For the Bank payroll customers: a letter from the employer undertaking to process the applicant's remuneration through HSBC Bank Armenia cjsc (in the form acceptable by the Bank)
  • For the Bank non-payroll customers: any official evidence and/or documentation on source/size of income, e.g. profit/income tax return, dividend certificate, lease agreement, banks statements, etc
  • If the applicant is other bank customer: the applicant’s bank statements proving salary transfers for the last 6 months (for payroll customers), an official advice on source / size of income, advice on account average balance for the last 6 months (for non-payroll customers)
  • Other documents that may be required during loan application process

In addition to the above stated documents, the following documentation will also be requested for secured loans with property pledge.

  • Ownership Certificate (the original is kept in the Bank until full repayment of the loan), copy of basis of acquisition of residential property (e.g. inheritance certificate, sale and purchase agreement, decision, resolution, death certificate, power of attorney, etc), owners'/co-owners' passport or other ID copies
  • Valuation report of the residential property securing the loan. Valuation is to be conducted by an independent
  • Insurance policy provided by an insurance company authorized by the Bank
  • A combined certificate issued by the respective department of the State Committee of the Real Estate Cadastre on restrictions in respect of the residential property (original)