Tera Auto

Purchase your desired vehicle with a Terabank auto loan, or swiftly and easily convert your owned car into cash.

For a loan, you won't need to:

  • Transfer the car to the bank
  • Provide documentary proof of income
  • Seek guarantors or co-borrowers
Tera Auto

Auto loan product is intended for both existing customers of Terabank and those looking to transfer their loans from other banks.

Tera Auto offers high vehicle valuation, loan issuance without transfering the ownership of your vehicle to the bank and without proof of income. 

 

 

Tera Auto Conditions

Minimum loan amount   GEL 1 000
Maximum loan amount   GEL 100 000
Loan term   From 1 up to 60 months
Interest rate   From 24%
Effective interest rate   From 40%
Loan issuance fee   From 0%
Withdrawal fee   0
Mortgage cost   From GEL 0
Lifting cost   0
Guarantors/co-borrowers   Not required

See fully

The following documents are required:

  • Valid ID
  • Vehicle registration certificate

Fill out the Application

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Frequently Asked Questions

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How significant is the consideration of credit history in the approval process for an auto loan?

The loan is considered in case of any credit history. 

Is there an age limit?

Borrowers must be at least 21 and at most 65 years old.

Whose name does the vehicle stay under?

The vehicle remains in client's name.

Got more questions?

info@terabank.ge Send us a message
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