Consumer Loans

Make your wishes come true!

Purchase any item (furniture, home appliances, cell phone, computer etc.) or finance your or your children’s education through the consumer loan of Terabank.

Secured Consumer Loan Terms

Loan Amount

Min - 1,000 GEL


Max - Individually*

Loan Maturity

Min - 6 months

Max - 120 months

Loan Currency

GEL, USD, EUR

Annual Interest Rate

GEL – from +4.70% to re-financing rate 


USD(Libor-based variable rate)-from 8.50%


EURO(Euribor-based variable rate)- from 7.50% 

 

Effective Interest Rate

From 16.80%- in GEL


From 9.60% in USD 


From 8.60% in EUR

Loan Repayment Rate

Equal monthly installments

Collateral

Purchase of real estate or movable property (vehicle)

Volume of Income

300 GEL (equivalent in foreign currency)

Loan Disbursement Fee

0.90% (min.50 units)

Fee for Searching the Information on not Being Allocated in the Credit Info Base

18 GEL, 6 USD, 6 EURO 

Withdrawal Fee

0.20% min. 0.50 GEL

USD/EUR - 0.50% min. Equivalent to 1 GEL

 

*Less than 200,000 GEL (in equivalent currency) will be issued in GEL only.

See the registration / termination fee at the link

 

 

Terms of Consumer Loan without Security

Loan Amount

Min - 500 GEL


Max -  45,000 GEL

Loan Maturity

Min - 3 months


Max - 36 months

Loan Currency

GEL

Annual Interest Rate

From 10.5%

Effective Interest Rate

From 19.20%

Volume of Income

GEL 300 (equivalent in foreign currency) 

Loan Disbursement Fee

2% (min.20 units)

Fee for Searching the Information On not Being Allocated in the Credit Info Base

18 GEL 

Loan Security

Not required

Guarantee Fee*

From 500 up to 5,000 GEL on loans - fixed 3 GEL per month

From 5000 up to 20 0000 GEL on loans - fixed 5 GEL per month

Withdrawal Fee

0.20% min. 0.50 GEL

*Guarantee fee is activated only on loans from 500 GEL to 20,000 GEL which have neither a co-borrower nor a guarantor.

Application Form

Security Code