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Student Loan

Get it based on your student ID only and start paying 6 months after completing your studies!

student loan

If you are a prospective student or a student of an accredited educational institution in Georgia and need financial support for your studies, Credo Bank offers a student loan with unique conditions as part of its social responsibility program, featuring favorable repayment terms.


You can easily apply for a student loan through Mycredo.


The loan comes with a low interest rate (starting from 3.91%) and long-term repayment options (up to 96 months). If needed, you can take advantage of a grace period of up to 54 months, meaning you'll be exempt from payments during your studies and will start repaying the loan 6 months after completing your education.


Are you interested?


Invest in your education today!

Fill out the application in MyCredo Mobile Bank and receive financing easily!

Conditions
  • Amount: up to 20,000 GEL
  • Term: up to 96 months
  • Service 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)
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
  • The amount will be transferred directly to the university account
Advantages
  • Low fixed interest rate
  • Grace period available
  • Request and acceptance process is completely online
  • No income verification required, just ID and student ID
  • Flexible payment schedule

Calculate & Apply