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Loan Amount
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Min - 500 GEL
Max - 45,000 GEL
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Loan Maturity
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Min - 3 months
Max - 48 months
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Loan Currency
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GEL
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Annual Interest Rate
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From 13.4%
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Effective Interest Rate
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From 16.30%
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Volume of Income
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GEL 300 (equivalent in foreign currency)
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Type of income
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Salary, allowance, bonus, premium, dividend, lease, remittance. Also, income generated from private business - tutoring, dentist, barber, babysitter, tailor, and taxi driver activities.
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Loan Disbursement Fee
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2% (min.20 units)
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Fee for Searching the Information On not Being Allocated in the Credit Info Base
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18 GEL
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Loan Security
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Not required
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Guarantee Fee*
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From 500 up to 5,000 GEL on loans - fixed GEL 3 per month
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From 5000 up to 20 0000 GEL on loans - fixed GEL 5 per month
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Withdrawal Fee
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0.20% min GEL. 0.50
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*Guarantee fee is activated only on loans from 500 GEL to 20,000 GEL which has neither a co-borrower nor a guarantor.
**Effective interest rate is calculated for 20,000 units.