Renewable energy

INDIVIDUALS

Renewable energy

Leasing of solar photovoltaic systems and solar water heaters

  • By car

SUPPLIER

PRICE

starting from 200000 AMDup to 15000000 AMD

MODEL

PREPAYMENT

AMD
starting from 20%up to 99%

PERIOD

starting from 3 monthsup to 60 month

AMD

AMD

MONTHLY PAYMENT

Select provider and model

* The final price is calculated with the minimum interest amount, which may alter. The calculator does not guarantee

Required documents

  • Application
  • Passport and Social Security Card or Identification Card,
  • A document on income,
  • Proforma Invoice issued by the supplier,
  • Passport(s) and Social Security Card(s) or Identification Card(s) of the guarantor(s),
  • Other required documents.

Who can apply

Individuals

Terms and conditions

        For the gasificated communities:
  • Currency: AMD,
  • Down payment: 10% - 70% calculated out of the property,
  • Annual Nominal Interest Rate: 9,5% - 9,9%*,
  • Annual Actual Interest Rate: 11,11% - 16,50%,
  • Maturity period: 3- 84 months,
  • Lump Sum Commission Payment: 1% out of the contract value,
  • Annual Compulsory Insurance: 0.43% (min. AMD 3000) (for the first year - toward the property whole value, whilst upon each year end - toward the lease amount residue),
  • One or two guarantors (without any reference on income),
  • Repayments are completed monthly in equal amounts**.
 
        For the communities not gasificated:
  • Currency: AMD,
  • Down payment: 10% - 70% calculated out of the property,
  • Annual Nominal Interest Rate: 8%*,
  • Annual Actual Interest Rate: 9,03% - 15,26%,
  • Maturity period: 3- 96 months,
  • Lump Sum Commission Payment: 1% out of the contract value,
  • Annual Compulsory Insurance: 0.43% (min. AMD 3000) (for the first year - toward the property whole value, whilst upon each year end - toward the lease amount residue),
  • One or two guarantors (without any reference on income),
  • Repayments are completed monthly in equal amounts**.
 

The Annual Nominal Interest Rate is 9,5% - 9,9%.  The Annual Nominal Interest Rate of 8% is envisaged only for the communities not gasificated and is financed by the RA Renewable Energy and Energy Efficiency Fund: the maximum lease contract term – 96 months – is also envisaged for the communities not gasificated.

In addition to the above-mentioned low Annual Nominal Interest Rate of 8 % for the non – gasificated communities, the RA Renewable  Energy and Energy Efficient Fund grants large families living in marzes “Shirak” and “Gegharquniq” a chance of partial subsidy – to the amount equivalent of up to USD 250 of lease contract interests. 

Please, be informed, that, due to the attraction of additional loan program funds of "Renewable Energy Development" under GAF, it is again possible to finance the projects of photo voltaic stations and solar water  at up to 500 kW nominal capacity, until the expiration of corresponding funds.

Henceforth the procedure of lease applications on renewable energy equipment  will be followed under the conditions and terms stated below:

 

For individuals:


Currency: AMD

Annual Percentage Rate: 9.5-9.9 %

Commission: 1%

Advance Payment: starting from 10%

Insurance: Property Compulsory Annual Insurance
      
             
Priorities:
  • Lease approval throughout two working days,
  • Discounts and planned promotional campaigns,
  • Simplified document package,
  • No payment for the application study and service,
  • No collateral is required,
  • Premature redemption opportunity without fines and penalties,
  • Lease service coverage in all regions of the Republic of Armenia.
 

Finances for everyone:

www.fininfo.am



Should the Lessee not complete his/her obligations duly, penalty is imposed in respect of the overdue amount (in accordance with the current Tariffs).Should the Lessee not pay the imposed penalty, “ACBA Leasing” CJSC can lodge a claim to the court on request of the property return, besides, on confiscation of personal property and the property belonging to the guarantors.

 

* Interest rates are calculated on the basis of nominal interest rate in respect of the lease amount residue. And the annual actual interest rate shows the cost of leasing in case the interests and other payments are covered in due time and in proper way.

Annual Actual Interest Rate Calculation method can be found here.

 

** Should the Lessee not fulfill his/her obligations timely, penalty will be imposed in respect of the overdue amount to the tune of 0.13 % per day and the information on the client will be recorded in the credit register, besides, pursuant to the lease contract, the Lessee will be obliged to return the lease property to “ACBA Leasing” CO CJSC. Meanwhile, “ACBA Leasing” CO CJSC will be entitled to demand complete fulfillment of lease contract obligations.

Detailed information on penalties can be found here.

 

  • 01.STEP

  • 02.STEP

  • 03.STEP

Leasing application

FILL OUT BELOW FIELDS

THE SUBJECT OF LEASING

Required field

PERIOD

Required field

PREPAYMENT

Required field

NAME, SURNAME

Required field

WORKPLACE

Required field

POSITION

Required field

BIRTHDAY

Required field

PHONE NUMBER

Required field

E-mail

Required field
COMPLETE
Thanks
Your request was successfully sent. Our specialists will contact you .
Send new request

Best offer

Best offers

INDIVIDUALS

Solar water panels

Arpi Solar
Arpi Solar Solar water panels

started:

  0  

AMD/month

MORE

INDIVIDUALS

Solar photovoltaic stations

Shtigen
Shtigen Solar photovoltaic stations

started:

  0  

AMD/month

MORE

INDIVIDUALS

Solar photovoltaic stations

Shtigen
Shtigen Solar photovoltaic stations

started:

  0  

AMD/month

MORE

LAST UPDATE: 22.10.2019

Call request

ԻՆՉՊԵ՞Ս ՁԵԶ ԴԻՄԵԼ

Required field

PHONE NUMBER

Required field

SERVICE OF INTEREST

Required field
Your application was successfully sent. Our specialists will contact you within 10-20 minutes.