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. 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).
Ownership Certificate (the original certificate registered in the name of the buyer is kept in the Bank until full repayment of the loan).
Valuation report of the car securing the loan. Evaluation is to be conducted by an independent valuator authorized by the Bank.
Letter provided by respective registration examination subdivision of Road Police Services of RoA Police concerning the limitations applied on the car, car registration certificate copy, buyer’s, seller’s and coowners’ passport copies.
For new cars purchased from official dealers, Sell and Purchase agreement, relevant invoice and customs clearance.
Other documents that may be required during loan application process.
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