Fees and charges for vehicle valuation and pledging1

Fee type
Fee amount

Vehicle valuation fee

 

AMD 7,000-8,000
Property pledging state registration fee
AMD 2,200
Notary service fee (including notary verification state duty)
 

In case of pledge agreement only

AMD 13,000

In case of sales & purchase and pledge agreement

AMD 20,000
Certificate regarding rights and restrictions over the property provided by RP AMD 3,300
Property ownership rights registration fee AMD 23,900
Annual insurance rate 2.5% of the sum insured 2

Fees and charges for vehicle valuation and pledging1

Fee type

Vehicle valuation fee

 

Fee amount
AMD 7,000-8,000
Fee type
Property pledging state registration fee
Fee amount
AMD 2,200
Fee type
Notary service fee (including notary verification state duty)
Fee amount
 
Fee type

In case of pledge agreement only

Fee amount
AMD 13,000
Fee type

In case of sales & purchase and pledge agreement

Fee amount
AMD 20,000
Fee type
Certificate regarding rights and restrictions over the property provided by RP
Fee amount
AMD 3,300
Fee type
Property ownership rights registration fee
Fee amount
AMD 23,900
Fee type
Annual insurance rate
Fee amount
2.5% of the sum insured 2

1 Rates and fees of state registration of property rights and restrictions on state property pledging are set on the RA State Duty law, Articles 11 and 36.

The mentioned tariff is applicable to insurance policies arranged through HSBC Bank Armenia, which acts as an agent of the INGO Armenia Insurance company. Please note that arranging motor insurance via HSBC is optional, and you can arrange an insurance policy with any company approved by HSBC.

Last updated on: 28/8/2019 06:06:13