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Auto Loan

Get the amount you need - whether to buy a car or secure funds with your existing vehicle!

Auto Loan

Getting an auto loan at Credo Bank is fast, easy, and hassle-free!


Receive the amount you need with the highest possible valuation and either purchase a new car or secure a loan using your current vehicle - all while keeping your driving license!


Keep in mind, you can get a car loan without providing proof of income.


Enjoy a simple and flexible way to finance your car today!


Interested?

Use the loan calculator to estimate your approximate monthly payment for the desired amount and term.

Fill out a simple online application and get a fast response.

Auto Loan Terms
  • Annual Interest Rate: Starting from 18%
  • Effective Interest Rate: Starting from 19.85%
  • Loan Amount: Up to 70,000 GEL
  • Term: 12 to 72 months
  • Lending Commission: 0%
  • Monitoring Fee: From 0.5 GEL
  • Account Service Fee: 1 GEL/month

[View the full terms here]

Securing Your Loan with an Existing Car Terms
  • Annual Interest Rate: Starting from 24%
  • Effective Interest Rate: Starting from 27.13%
  • Loan Amount: Up to 50,000 GEL
  • Term: 12 to 72 months
  • Lending Commission: 0%
  • Monitoring Fee: From 0.5 GEL
  • Account Service Fee: 1 GEL/month

[View the full terms here]

Instructions For Using The Product

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


How to Apply Using the Mycredo Mobile App
  • Download the Mycredo app (if you haven't already)
  • Log in or register using facial recognition
  • In the "Products" section, select and request "Auto Loan"
  • Wait for a call from our representative
  • Review and accept the agreement and payment schedule online to receive your funds

Calculate & Apply