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:
Mimum loan value: 1000 USD;
Maximum loan value: 40.000 USD.
To purchase a new car - from 1 month to 5 years
To purchase a secondary car - from 1 month to 3 years
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
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
Documented stable income of minimum 600 GEL;