Useful Auto Loan is a loan that allows a client, according to his monthly income to buy a new or used car.

Terms and conditions:

Loan value: 

Mimum loan value: 1000 USD;

Maximum loan value: 40.000 USD.

Loan term:

To purchase a new car - from 1 month to 5 years

To purchase a secondary car - from 1 month to 3 years

Interest rate:

in Gel: from 13.5%

Effective from 15.78%

*The issuance of money amount less than 200 000 GEL is possible only in national currency for private persons citizens of Georgia and individual entrepreneurs

Participation:

30% of a purchased car price, in case of  real estate collateral – 0%

Loan currency: USD, GEL, EURO

Grace period: 2 months per year

According to your wish, chose any 2 months annually and enjoy a grace period every year!

Collateral for a loan:

The car to be purchased or real estate

Required documents:

ID

Documented stable income of minimum 600 GEL;