| Secured consumer loan terms |
| Loan amount |
min - 1,000 GEL
max - individually*
|
| Loan maturity |
min - 6 months
max - 120 months
|
| Loan currency |
GEL, USD, EUR
|
| Annual interest rate |
GEL – from +4.70% to re-financing rate
USD(Libor-based variable rate)-from 8.50%
EURO(Euribor-based variable rate)- from 7.50% |
| Effective interest rate |
from 16.80%- in GEL
from 9.60% in USD
from 8.60% in EUR
|
| loan repayment rate |
equal monthly installments
|
| collateral |
Purchase of real estate or movable property (vehicle)
|
| Volume of income |
300 GEL (equivalent in foreign currency)
|
| Loan disbursement fee |
0.90% (min.50 units) |
| Fee for searching the information on not being allocated in the Credit Info base |
18 GEL, 6 USD, 6 EURO |
|
Withdrawal Fee
|
0.20% min. 0.50 GEL
|
|
USD/EUR - 0.50% min. Equivalent to 1 GEL
|
*Less than 200,000 GEL (in equivalent currency) will be issued in GEL only.
*The amount less than GEL 200,000(equivalent in foreign currency) is disbursed only in GEL
See the registration / termination fee at the link