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Useful Auto Loan

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 100 000 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;

 

 
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