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Deposit Secured Loan

Keep your savings and get the funds you need directly from Mycredo!

Deposit Secured Loan

If you have a deposit with Credo Bank and need additional funds, you can get a loan secured by your deposit directly from the Mycredo mobile banking app.


Get the financing you need while keeping your deposit and continue earning high interest.


You can get the loan in GEL, EUR or USD.



Interested?


Use the loan calculator to calculate the estimated monthly payment based on your desired loan amount and term and apply for the loan directly from the Mycredo mobile banking app!

Conditions

  • Annual Interest Rate: Deposit interest rate +3%
  • Effective Interest Rate: Depends on the loan amount and term
  • Loan Amount: Based on the deposit amount
  • Purpose of the Loan: Unlimited
  • Term: Matches the term of the deposit
  • Loan Service Fee: From 0.5 GEL

Instructions For Using The Product

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


Advantages

  • Loans available for any purpose
  • Flexible payment schedule
  • Quick and simple service procedure

Calculate & Apply