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Auto Loan

Credo Bank’s auto loan gives you the opportunity to receive fast financing even on the same day and drive the car of your dreams.


Looking for a new, used, or electric car? Or need funds secured by an existing vehicle?


In every case, you'll benefit from flexible terms, a quick decision and a simplified process fully tailored to your needs.

Auto Loan

Auto Loan Calculator

Loan Amount

Loan Term

Monthly Payment
0
Annual interest rate from
16.5 %
Effective interest rate from
24.07 %
The nominal and effective interest rates shown in the loan calculator represent the minimum indicative terms and are linked to a public index. Exact terms will be determined upon loan application and approval

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Main Objectives

Buying a New Car

Buying a New Car

Whether you’re choosing your first car or upgrading to a new one, the decision is yours.

Credo Bank makes it easy to buy your first car or replace your current one, saving you time and effort.

Select the model you want, get quick financing and benefit from a simplified process.

Getting Cash Using Your Existing Car

Getting Cash Using Your Existing Car

Do you need money and already have a car? With a Credo Bank car loan, you can get the desired amount quickly and easily by securing your existing car.

All you need is an ID card and a technical passport. The car remains in your name and for your use.

Buying an Electric Car

Buying an Electric Car

Switch to ecological transport - with Credo Bank!

Choose the desired model at our partner car dealerships and get financing today.

Take advantage of preferential terms and maximum comfort. A Credo Bank representative will help you with all the procedures on site.

Buying a Used Car

Buying a Used Car

Flexible car loan — even when buying from a private individual!

With a Credo Bank car loan, you can purchase a used car not only from a dealership, but also from a private seller.

Choose your car, contact us and take advantage of flexible terms.

FAQ

Auto Loan Terms

  • Loan amount: up to 75,000 GEL
  • Loan term: 12 to 72 months
  • Annual interest rate: from 16.50%
  • Effective interest rate: from 19.36%
  • Co-payment from: 0%
  • Loan issuance fee: 0%
  • Service Fee: from 0.5 GEL
  • Monthly current account service fee: 1 GEL


Conditions and terms for foreigners living in Georgia:


  • Maximum Term: 24 months
  • Loan Amount: From 500 to 15,000 GEL
  • Financing up to 75% of the vehicle's cost

Securing Your Loan with an Existing Car Terms

  • Loan amount: up to 75,000 GEL
  • Loan term: 12 to 72 months
  • Annual interest rate: from 20.50%
  • Effective interest rate: from 24.07%
  • Loan issuance fee: 0%
  • Service Fee: from 0.5 GEL
  • Monthly current account service fee: 1 GEL

If my application is not approved, how long can I resubmit?

If rejected, you will be able to re-apply within 30 calendar days.

Instructions For Using The Product

You can apply for a car loan through any of these convenient options: