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Student Loan

Apply through Mycredo and start your payments 6 months after graduation!

Credo Bankโ€™s student loan is part of our commitment to social responsibility, offering everyone the opportunity to access quality education with flexible, affordable financing options.


With a competitive interest rate starting at an effective 3.91%, the student loan allows you to secure funding for any accredited educational institution in Georgia without needing proof of income. Additionally, you can benefit from a grace period of up to 54 months, meaning you wonโ€™t have to make any payments during your studies and can begin repayment 6 months after graduation.



How to apply for a student loan:

  • Open or download the Mycredo app
  • Log in or register using facial recognition
  • Go to the Products section and select Student Loans
  • Choose your status: student or entrant
  • Complete the required fields and upload the necessary documents
  • Review and agree to the contract and payment schedule to receive your funds
Conditions:
  • Amount: up to 20,000 GEL
  • Term: up to 96 months
  • Issuing Fee: 2%
  • Interest rate without grace period: nominal from 2.6%, effective from 5.65%
  • Interest rate with grace period: nominal from 3.6%, effective from 3.91%
  • Grace period: duration of study + 6 months (up to 54 months)
Advantages:
  • Lowest Fixed Interest Rate in GEL: Benefit from the lowest fixed rates.
  • No Collateral or Proof of Income Required: The loan is issued without needing collateral or income proof.
  • Flexible Payment Schedule: Tailored to fit your financial situation.
  • Simple Requirements: Only proof of identity and student status are needed.
  • Remote Application: Apply completely online through Mycredo

Contact Us

R.Tabukashvili 27, Tbilisi

Mon-Fri, 10:00 - 17:30

(032) 2 42 42 42

info@credo.ge