Terabank's mortgage loan, designed specifically for people who receive income abroad, is issued without additional collateral, which completely removes the barrier to purchasing real estate. With this product, you will be able to purchase real estate from both development companies and individuals.
In addition to Georgian immigrants, citizens of other countries or persons with dual citizenship can also use the mortgage loan.
Loan Terms
A loan or bank credit for amounts less than 400,000 GEL can only be issued in the national currency, except when the borrower's income and the loan are in the same currency.
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.
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 Conditions
How is the effective rate calculated?
The effective interest rate is calculated taking into account all the necessary financial costs and the period of incurring the cost.
What is the minimum required age of a borrower?
20 years.
What happens in case of overdue loan payment?
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).
