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Package IDgold

A package of services for creditors with gold pledge loans 

Get a quick and favorable gold secured loan and get at the same time:        
  • Rocket Line
    In the amount of 10% of gold pledge loan
  • Visa Gold debit card
    50% discount 
  • Bank account in AMD and Accident insurance
    Free
  • Online/Mobile banking
    Free


The page was updated 09.10.2020 11:23

Package IDgold 

A package of services for creditors with gold pledge loans
 

Approved by resolution N 363-L of the
Management Board of “ID Bank” CJSC
As of September 24, 2020
Applied since October 5. 2020

The terms mentioned in the bulletin may be changed.
If you are reading the bulletin on the Bank web site, please pay attention to the enforcement date of the summary.
If you are reading paper version of the bulletin, for more details please visit Bank web site address: www.idbank.am  (paying attention to the enforcement date of the bulletin) please apply to any branch of the Bank or call to the Bank’s call center: (+37410) 59 33 33, (+37460) 27 33 33

PACKAGE OF SERVICES FOR CREDITORS WITH GOLD PLEDGE LOANS 
IDgold
General terms
1. GOLD PLEDGE LOANS
1. Minimum amount of the loan
220 000 AMD
2. Gold assessment tariff
In accordance with approved tariffs for gold pledge loans’ portfolio
3.  Repayment mode
Annuity
4. Other terms
In accordance with information bulletin of Gold pledge secured loans operating in the Bank
2. Rocket Line[1]
5.  Maximum amount of the loan
In the amount of 10% of gold pledge loan, minimum 10 000 AMD
6. Other terms
In accordance with «ROCKET LINE loan/loan limit» information bulletin operating in the Bank
3. Debit Card
7. Card type
Visa Gold
8. Annual service fee of card account
50% discount on tariff valid in the Bank defined by «Debit payment cards» information bulletin
9. Other terms
In accordance with «Debit payment cards» information bulletin operating in the Bank
4. Bank Accounts
10. Account currency
AMD
11. Account opening
free
12. Other terms
In accordance with «Tariffs on bank accounts, transfers, services provided by «ID Bank» CJSC» information bulletin
5. Insurance
13. Type
Accident insurance:
In accordance with «Rosgosstrakh-Armenia» CJSC  cooperation terms: for the first year of package operation
14.  Insurance payment
free
6. Distance Services
15. Online/Mobile banking free
Package Provision Terms
16. Package activation fee
free
17. Package annual service fee
500 AMD



[1] In ID Bank CJSC, the total of unpledged loans of creditor must not exceed 10 000 000 AMD


GENERAL PROVISIONS

1. In case of customer’s refusal from the package, services included in the package are provided in accordance with tariffs operating in the Bank.
2. Disputes between parties may be settled by court or by financial system mediator (according to procedures defined by RA Law on «Financial system mediator»), address: “Elite Plaza” Business Center, 7th floor, 15 Khorenatsi str., Yerevan 0010, Armenia, E-mail: info@fsm.am, tel: (+374 60) 70-11-11, fax: (+374 10) 58-24-21. Moreover, if the size of property claim doesn’t exceed 500,000 (five hundred thousand) AMD or equivalent currency, resolutions of financial system mediator cannot be challenged by the Bank.
3. To do a proper study of the customer defined by Ra Law on «The fight against money laundering and terrorism financing» the Bank can require additional documents or information based on «Get to know customer» principle.
4. In accordance with the agreement concluded with the USA, based on Foreign Account Tax Compliance Act, the Bank can collect additional information to disclose the evidence that the customer is USA tax payer.
5. Customer has the right to communicate with the Bank in the way he prefers: e-mail or post office.   Receiving information via e-mail is the most convenient. It is available under 24/7 regime, risk free of the paper information loss, and it insures privacy.
6. You can enter the following link to get to know about the list of Bank branches and ATM’s, their addresses and working hours: Branches and ATM’s.
7. Distance service by Bank is provided through IDBanking.am online system. Procedures and terms of provision of Distance service by Bank are presented in the public terms of «Provision of Distance Banking services».


For gold secured loans the appraisal of 1gram of gold is carried out according to the following prices, based on the purity:

Date For IDgold package
The price of 1 gr. of gold (AMD) / Assay    
375 500 560 585 750 875 900 958
03/12/20 10,958 14,611 16,364 17,094 21,916 25,568 26,299 27,994


ATTENTION․ THE BANK IS UNDER THE OVERSIGHT OF THE CENTRAL BANK OF RA

The page was updated 03.12.2020 09:50
The following documents are submitted to the Bank for IDGold package:

  • ID document    

  • Public service number /reference on non-receiving the PSN

The page was updated 09.10.2020 12:05
Attention: The Bank does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites. In case of any discrepancies in the website materials in Armenian, Russian and English languages, the Armenian version is prevailing.