If you have a deposit with Terabank and need access to funds, you can now secure a loan without having to break the deposit or forfeit any benefits.
Terabank offers loans backed by your deposit, and you can choose your preferred repayment method: either make monthly payments or repay the loan in full at the end of the deposit term.
Loan Conditions
- If the currency of the loan corresponds to the currency of the deposit, the amount of the loan and the interest accrued on it should not exceed 95% of the amount of the deposit.
- If the currency of the loan and the currency of the deposit are different, the amount of the loan and the interest accrued on it should not exceed 90% of the amount of the deposit.
- Important Information: Loans up to GEL 400,000 can be disbursed in a foreign currency only if the loan is fully secured by funds in the same currency.
- If the loan amount exceeds GEL 300 000 or USD/EUR 100 000, it is mandatory to register the right to claim the deposit in the public register.
How to Request a Loan?
Instructions for activating a loan through online banking
Log in to online banking Click the link: https://ebanking.ge/login and provide the required information
Navigate to Offers
Select Loans
Complete the application Enter the required information in the designated fields
Contact us:
- T: 032 255 00 00
- Email: info@terabank.ge
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?
18 years.
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).
