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Digital Loan

Get a quick loan of up to 30 000 GEL in just 30 minutes, available 24/7, including weekends.

Digital loans are available to everyone, no matter how you earn your income:

  • Self-employed: taxi driver, craftsman, stylist, merchant
  • Receiving remittances
  • Earning income from a business
  • Having income from agricultural activities
  • Receiving your salary in cash
  • Having your salary deposited into a bank account
Digital loan page in MyCredo mobile application

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Digital loan - when you need it!

For personal goals

For personal goals

Traveling for personal purposes, studying, or implementing other important plans often requires quick financial support. You can apply for a loan digitally - anytime, anywhere, online 24/7 and receive it in your personal account as quickly as possible.

For business development

For business development

No matter what type of activity you are engaged in - agriculture, trade, services, or other fields a digital loan can help you expand your business, purchase inventory, replenish supplies, and seize new opportunities.

For unforeseen needs

For unforeseen needs

When unexpected expenses arise - such as car repairs, medical needs, home repairs, or other important family matters - a digital loan allows you to apply online for up to 30,000 GEL and receive it in your personal account within 30 minutes.

FAQ

How do I request a digital loan?

You can easily apply for a digital loan online.


Learn how to apply for and receive a loan digitally through video instructions available on the same website - watch the video.


If you are not yet a Mycredo mobile bank user:

  • Download the Mycredo application
  • Simple Registration
  • Select ,,Digital Loan” in the Products section
  • Fill out the application
  • You will receive a decision via SMS in the shortest possible time


If your application is approved, you will confirm the loan agreement and payment schedule in the mobile bank, and the amount will be instantly transferred to your account

Digital loan conditions

  • Annual Interest Rate: From 10.9%
  • Effective Interest Rate: From 18.82%
  • Loan Amount: From 500 to 30 000 GEL
  • Term: 4 to 48 months
  • Issuing Commission: From 2%
  • Service Fee: From 0.5 GEL
  • Insurance commission: from 0%
  • Monthly service fee of the current account: 1 GEL

How long does it take to approve a loan?

A decision on a digital loan application is made quickly - in most cases, within 30 minutes to 1 hour.

If the application is not approved, when can I apply again?

If your digital loan application is not approved due to certain limiting factors, you can submit a new application after 30 days. Your request will then be reviewed again so you can use the product.