If you are planning to buy a house from a development company or want to replace the existing internal installments in this company with a loan, take advantage of a simplified mortgage loan.
There are only two main conditions to get the money needed to buy a house: own 20% of the apartment's value and have a positive history of paying loans or installments to the development company. You can get a loan even if your salary is not credited to your bank account.
Loan Terms
Check the link for registration/termination fee.
How to Request a Loan?
Follow these steps to get your loan via internet bank
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
Calculate Loan
How is the effective interest 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 loan borrower?
Simplified Mortgage Loan is issued to persons aged 20 to 70.
Who can be my co-borrower?
A co-borrower can be a member of a household/family business.
What are the co-borrowing conditions?
- In case of purchase from the development company - minimum 20%
- If you purchase from an individual - minimum 40%
What happens in case of overdue?
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).
To which indices is the loan currency linked?
GEL - Tbilisi Inter Bank Rate - TIBR 1M.
