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Anelik Bank to offer express student loans without guarantor

03.04.2013 16:51

Anelik Bank to offer express student loans without guarantor

YEREVAN, April 3. /ARKA/. Anelik Bank, adhering to the policy of expanding student loan accessibility, will now offer Express student loan to the students with a good credit policy  without any guarantor .

Anelik Bank reported to ARKA on Wednesday the loan was introduced in Armenia in 2012. One of its advantages is that borrowers don’t need to submit a long list of required documents. Also, the loan is given within 24 hours at an annual interest rate of 16.25%.

The borrowers can get a 14 % discount from the annual interest rate on the next loan if no delays are recorded in the course of repayment of the previous loan.

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