Auto Loan
In case you are planning to purchase a new or second-hand vehicle and you require funding of the corresponding expenditure – apply and simply get an auto loan with special terms tailored to you!
Choose vehicles at your desired auto dealer, auto market, or a private vendor. Get funding upon considering any kind of income.
The amount can be acquired both, through online means, internet, and mobile banks – Mycredo, as well as in a standard manner – upon visiting any service center of Credo Bank.
- Possibility for getting a loan upon any amount of income
- Without co-participation
- Swift and easy procedure
- Getting money for purchasing a car, as well as arranging customs service and official paperwork on ownership. Also, for paying off an auto loan issued at another financial institution
- Flexible payment schedule
- Currency – GEL
- Amount – from 2000 to 3000 GEL
A loan up to 15, 000 GEL can be issued instantly without verifying income - Duration – up to 72 months
- Grace period – up to 6 months
Amount
Period
The base and percentage are covered
Grace Period
Effective interest rate
Effective interest rate
Interest rate is tied to a public index