Unsecured lending

Unsecured lending

A helping hand, when it is needed

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

Unsecured lending

Personal Assistance Loan

Interest Rate
13-14%1 annual

Maximum loan amount
AMD 2 million2

One off service fee
AMD 10,000 -
AMD 20,000

Key features and benefits
  • Get up to AMD 2 mln loan, with no requirement for pledge
  • Choose from two repayment options – fixed or reducing balance
  • Enjoy up to 36 month loan repayment period
  • Make an early loan repayment at your convenience with no penalty fee
 

Overdraft

Interest Rate
15%1 ANNUAL NOMINAL

Maximum loan amount
AMD 2 million

SERVICE FEES
NO PROVISION AND SERVICE FEES

Key features and benefits
  • Enjoy flexible interest rate – the more you utilize your limit, the lower the interest rate applied on the utilized amount
  • Overdrafts are provided for unlimited period
  • Borrow up starting as low as AMD 50,000
  • Make free cash withdrawals from HSBC Bank Armenia ATMs
 

Credit Cards

Interest Rate
16-20% annual
based on card type

Interest Rate
16-20% annual based on card type

Maximum loan amount
AMD 5 million

One off service fee
No provision fee

Key features and benefits

We offer 5 types of credit and payment cards.

  • ArCa Classic card is used for local payments and encashment with a limit of up to AMD 500,000. Annual interest rate is 20%; no monthly service charge.
  • MasterCard Standard Flexi card is an international card with credit limit of up to AMD 1 million. Annual interest rate is 16%; no monthly service charge.
  • MasterCard Standard card is an international card with credit limit of up to AMD 1 million. Annual interest rate is 20%; monthly service charge is AMD 1,000.
  • MasterCard Gold card is an international card with credit limit of up to AMD 3 million. Annual interest rate is 20%; monthly service charge is AMD 1,500.
  • MasterCard Platinum card is an international card with credit limit of up to AMD 5 million. Annual interest rate is 20%; monthly service charge is AMD 3,000.
  • World MasterCard Black Edition card is an international card with credit limit of up to AMD 5 million. Annual interest rate is 20%; monthly service charge is AMD 10,000.
 

1 Special offer – Low interest rates for the period of 12.06.2017-30.09.2017.
2 Up to AMD 3mln for STATUS and PLUS customers.

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

Last updated on: 01/10/2016 15:00

 

Required documents

  • Valid passport
  • 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 12 months, an official advice on source / size of income, advice on account average balance for the last 12 months (for non-payroll customers).
  • Other documents that may be required during loan application process.