Consumer Loan

Our consumer loan will assist you in reaching your personal goals.

  • Term of secured loan: from 6 up to 120 months
  • Term of unsecured loan: from 3 up to 48 months
  • Currency: GEL, USD, EURO

Consumer Loan

With a Terabank consumer loan, you can purchase desired items, travel, or achieve other personal goals and dreams effortlessly.

Loan Conditions

Minimum amount   GEL 500
Maximum amount   GEL 45 000
Term   From 3 up to 48 months
Currency   GEL, USD, EUR
Issuance fee   2% (min. 20 units)
Withdrawal fee   see Tariff Packages
Guarantee fee   For loans from GEL 500 up to GEL 5 000 - GEL 3 per month; For loans from GEL 5 000 up to 20 000 - GEL 5 per month
Payment conditions   Monthly equal installments
Collateral   Real estate/movable assets
Minimum income   GEL 300 (or equivalent in foreign currency)
Fee for searching information in credit info database   GEL 18

See Fully

Minimum amount   GEL 1 000
Maximum amount   Determined individually
Term   From 6 up to 120 months
Currency   GEL, USD, EUR
Issuance fee   0.9% (min. 50 units)
Withdrawal fee   see Tariff Packages
Payment conditions   Monthly equal installments
Collateral   Real estate/Movable assets
Minimum income   GEL 300  (or equivalent in a foreign currency)
Fee for searching information in credit info database   GEL 18/USD 6/EUR 6

See fully

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:

Loan Calculator

Loan for Self-employed

Loan for Self-employed

Learn More

Frequently Asked Questions

Didn't find what you're looking for? Send us a question
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).

Other Loans

Simplified Mortgage Loan

Simplified Mortgage Loan

For those who want to buy an apartment in a developer company, or replace the internal installments within the same company with a loan.

Consumer Loan For Couriers

Consumer Loan For Couriers

Standard loan for achieving personal goals.

Online Installment

Online Installment

Get the item you want with convenient installments from Terabank's partner stores, all without leaving home.

"Move to a New Apartment" Mortgage Loan

"Move to a New Apartment" Mortgage Loan

A loan for those who want to replace their old apartment with a new one.

Mortgage Loans for Immigrants

Mortgage Loans for Immigrants

Mortgage loan issued without the need for additional collateral.

Subsidized Mortgage Loan

Subsidized Mortgage Loan

Special conditions for individuals participating in the mortgage subsidy program.

Consumer Loan

Consumer Loan

Standard loan for achieving personal goals, such as travel, equipment purchase, renovation.

Mortgage Loan

Mortgage Loan

A mortgage loan for the purchase, construction, or renovation of desirable real estate.

Long-Term Student Loan

Long-Term Student Loan

Tailored financing for students and future students pursuing higher education.

Cash Covered Loan

Cash Covered Loan

A loan secured by your own deposit, with the payment method of your choice.

Investment Mortgage Loan

Investment Mortgage Loan

Investment mortgage loan to transform real estate into a source of income.

Auto Credit

Auto Credit

Installments for the purchase of the desired car, without proof of income.

Got more questions?

info@terabank.ge Send us a message
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