| Loan amount |
min - 1,000 GEL
max-individualy*
|
| Loan term |
min - 6 months
For those with Georgian or dual citizenship in GEL - 180 months; In other currency - 120 months**
For those without Georgian citizenship - 72 months
|
| Loan currency |
GEL, USD, EURO
|
|
Annual Interest Rate
|
GEL- from re-financing rate +4.3%
|
|
USD(Libor-based variable rate)-from 8.45%
|
|
EURO(Euribor-based variable rate)- from 8.10%
|
|
Effective Interest Rate
|
GEL - from 15.9%
|
| USD - from 9% |
| EURO - 8.6% |
|
loan repayment rate
|
monthly equal installments
|
|
collateral
|
Real estate
|
| Loan disbursement fee |
0.9% (min. 50 units)
|
|
Contribution in case of purchase of real estate
|
From 30 %
|
|
Fee for retrieving information in the Credit Info database
|
18 GEL
|
|
Withdrawal fee
|
0.20% min. 0.50 GEL.
USD/EURO - 0.50% min. 1 GEL in the respective currency
|
*If Loan amount is less than 200,000 GEL (Equ. in other currency) the loan may be issued only in GEL
In order to get a loan, it is necessary for the consumer to receive income outside the country.
**In the case of a mortgage loan issued in a foreign currency, if the borrower's income is in the currency of the loan - not more than 15 years.
In the case of a mortgage loan issued in a foreign currency, if the income of the borrower and the currency of the loan differ from each other - not more than 10 years.
See the registration / termination fee at the link
When refinancing a mortgage loan issued in a foreign currency from January 1, 2019 to January 1, 2022, if the loan is issued in a foreign currency and the borrower's income and loan currency differ, the maximum loan term is allowed to be 15 years.
***The effective interest rate is calculated for 100,000 GEL. Term - 84 months.