Amrahbank has designed a unique loan for people who wish to improve the condition of their home or simply want to increase the value of their property. The Refurbishment loan will allow you to spread the cost of refurbishing your home for up to two years.

Loan terms:
Maximum amount of the loan   50 000 AZN (or USD equivalent)
Maximum duration of the loan   60 months
Annual interest rate   21% p.a.
Collateral   Real estate
Administration fee   5% of the amount of the credit
     

The key advantage of the “Refurbishment loan” over a traditional loan is that it is offered as a credit facility that the customer can draw on, as the refurbishment works progress rather than withdrawing the whole amount at once. This allows the customer to save considerably on interest payments, as interest is accrued on the utilized portion of the credit facility only.

Note:
Current account services
Loans
   Consumer loans
   Business loans
Plastic cards
   Tariffs
   "Yubiley" cards
   Internet-banking
   SMS-notification
   Mobil banking
   Card-to-card
   Privileges with Visa
   Cash by Code
   PIN Change
   3D Secure service
   MasterCardMoneySend
   POS Credit xidməti
Savings
   Lider deposits
   Guven deposits
Urgent money transfers
Deposit cell lease
FATCA
Search