Online Installment

Fill out the application remotely and buy the desired item online at any of Terabank’s partner stores' websites.

  • Term: from 3 up to 24 months
  • Currency: GEL

Online Installment

Online Installment Conditions

Maximum amount   GEL 100
Minimum amount   GEL 5000
Term   From 3 up to 24 months
Currency   GEL
Annual interest rate   0%
Effective interest rate   From 19%
Issuance fee   From 1%
Guarantee fee of up to GEL 300 Up to GEL 300 - GEL 0; From GEL 300 up to GEL 5 000 - GEL 3 monthly
Transfer of the loan amount to the account of the partner store or organization   Free
Income   Salary, remittances, rent, and dividends
Participation   From 0%
Fee for searching information in credit info database   GEL 0

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Annual interest rate   0%
Effective interest rate   From 19%

To use installments, you will need a passport or ID card. If required, you must also provide a document confirming your income. Acceptable proofs of income include a salary certificate, salary statement, delivery statement, notice or electronic statement from the Revenue Service, lease agreement, and payment documents related to the lease.

How do I use online installment payments?

 
Log in to the online shop's website;
View the list of partner shops by clicking the "Partners" link.
 
Add the desired item to your cart and select Terabank Installments as your payment method;
 
Enter your phone number and wait for the code sent to you via SMS;
 
Enter the code and confirm your agreement to data processing and verification;
 
In the next step, agree to the terms and complete identification using your ID card or passport;
 
Check the box to consent to opening an account;
 
Enter the code received on your mobile phone and click "Send";
 
Complete all fields in the application;
 
Wait for a response, which will be sent to you via SMS.

Partner Shops

LLC GeoMart

LLC GeoMart

Organic Lab

Organic Lab

SMMFLOW online academy

SMMFLOW online academy

iCity.ge

iCity.ge

Superstore.ge

Superstore.ge

dreamride.ge

dreamride.ge

Googleshop.ge

Googleshop.ge

Rovers.ge

Rovers.ge

Fine.ge

Fine.ge

unico.ge

unico.ge

naturel.ge

naturel.ge

grandel.ge

grandel.ge

etech.ge

etech.ge

Laptops.ge

Laptops.ge

gitec.ge

gitec.ge

Dentsblanches

Dentsblanches

nido.ge

nido.ge

vendoo.ge

vendoo.ge

Frequently Asked Questions

Didn't find what you're looking for? Send us a question
Who is eligible for Terabank installments?

Any resident of Georgia between the ages of 20 and 65 with a verified monthly income.

If I don't have a Terabank account, how can I activate installments?

If you do not have a Terabank account, you can open a free account and access online banking remotely, without needing to visit the bank.

If approved, how can I activate online installments?

After the installments are approved, you will confirm the contract and schedule through online banking. Login details for online banking will be sent to your specified mobile number.

If approved, how soon can I activate the installment plan?

If approved, the positive response is valid for 24 hours.

What does complicity mean?

You can make a partial payment before receiving the item. To arrange this co-payment, please contact the company.

What happens in case of overdue?

If the loan repayment is overdue, a penalty is charged: GEL 20 GEL/USD 6/EUR 4 - on the first day. Followed by 0.50% of the unpaid amount for each subsequent day overdue (no more than the requirements defined by law).

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Got more questions?

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