Student Loan
Within the social responsibility, CREDO BANK offers an unprecedented opportunity to the clients who wish to receive education – to fully or partially finance tuition fees of higher or vocational schools.
A student, within the special conditions, will be able to be financed without any income, only on the basis of the document confirming his/her studentship, at an incredibly low interest rate – from 2.6% (effective from 3.7%), completely remotely, using the Mycredo application, and the amount will be credited to the educational institution’s account in exactly 1 hour, and if a student prefers, during the grace period s/he will be completely free from any payments and repayment will start in 6 month after the end of the studies!
- Amount – up to 20,000 GEL;
- Issuance fee - 2%;
- Duration – up to 96 months;
- Receiving the amount – without the financial analysis, on the basis of the educational document and ID Card
- Full grace period – duration of study plus 6 months (related to both the principal amount and the interest rate)
- Maximum grace period - 54 months
- A simplified and swift procedure for getting funds;
- Minimal fixed interest rate;
- Without collateral;
- Flexible payment schedule.
Amount
Period
The base and percentage are covered
Effective interest rate
Do you want to use grace period?