Two-month ''credit leave'' to borrowers

By the decision of Executive Board of ARARATBANK, to avoid crowding in the branches of the bank and keep customers away from worrying about their bank transactions, ARARATBANK comes up with the offer below:

• Provide individuals, legal entities and private entrepreneurs of the bank — upon request — with a ''credit vacation'' starting from 16 March 2020 for a period of two months. A ''credit vacation'' shall mean a delay in repayment of principal and interest of loans for a period of up to two months.

Note, you should not confuse a ''credit vacation'' with a cessation or concession of interests. These are two completely different things. Should you have additional questions, you are free to call a servicing branch, Call Center, and — where necessary — a respective subdivision of the bank.   

• Branches
• Call Centre: +374 10-59-23-23
• Corporate Operations Department: +374 10-54-79-81, 010-54-66-42, 010-54-66-43
• Retail Operations Department: +374 10 -54 79 63 

 Highly recommended!

1. All customers receiving money transfers via fast remittance systems should make use of a free-of-charge non-cash remittance system in place in the bank by using their plastic cards. To receive cards, it will be sufficient to call the nearest branch or Call Centre and give a verbal instruction. Money transferred to you via international remittance systems will be credited to your card account. Branches: https://www.araratbank.am/hy/branches
2. Make use of online banking services via ARARATMobile By activating a 3D Secure system of their cards, customers will be able to pay utility and mobile phone bills without visiting the bank, including receiving and repaying loans, transferring money in the territory of Armenia, card-to-card transfers, placing and toping up deposits, receiving information on the fines imposed by the Road Police, paying such fines etc.

It is possible to download AraratMobile application from the online platforms listed below:

• GooglePlay
• AppStore