With a Terabank consumer loan, you can purchase desired items, travel, or achieve other personal goals and dreams effortlessly.
Loan Conditions
If the consumer loan repayment is overdue, a penalty is charged: 10 GEL/ 6 USD/ 4 EUR - on the first day. Followed by 0.27% of the unpaid amount for each subsequent day overdue (no more than the requirements defined by law).
Secured consumer loan is tied to the following indexes:
- GEL - Tbilisi Inter Bank Rate - TIBR 1M
- USD - Term SOFR
- EURO - Euribor
The currency of the unsecured consumer loan is not tied to an index and is provided at a fixed interest rate
How to Request a Loan?
Follow these steps to get your loan via Internet Banking
Log in to the Internet banking Visit: https://ebanking.ge/login and enter your credentials
Navigate to Offers
Select Loans
Complete the application form Enter the required information in the appropriate fields
You can sign up for loan from our website!
Open the online application pageVisit: www.terabank.ge and click on the online application button.
From the list of online applications, select the desired card application Fill your mobile number
Complete the application form Enter the required information in the appropriate fields.
Contact us:
- Phone: 032 255 00 00
- Email: info@terabank.ge
Loan Calculator
Who are eligible borrowers for consumer loans?
Consumer loans are granted to both residents and non-residents employed in Georgia. Non-residents are subject to the terms of the business agreement valid in Georgia.
What type of income is necessary to qualify for a loan?
allowance, bonus, premium, dividend, lease, remittance. Also, incomes generated from private businesses: tutoring, dentistry, barbershops, babysitting, tailoring, and taxi driving.
How is the effective rate calculated?
The effective interest rate is calculated by taking into account all the necessary financial expenses and the period of expenditure.
What is the minimum required age of a borrower?
20 years.
Who can be a co-borrower?
A co-borrower can be a member of a household/family business.
What is a Guarantee fee?
Guarantee fee is a fee, in exchange for the payment of which within the specified terms, the client acquires the right to have their heir(s) exempt from fulfilling the credit obligation to the bank, regardless of receiving the inheritance, in case of death.
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).
