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Student Loan

CREDO Bank offers the best opportunity to those who want to receive the best education – to fully or partially finance tuition fees of studying at private schools, higher or vocational schools and universities.

Within the framework of the special offer, students can get funding without any income, based only on a Proof of Student Status, with the unprecedently low interest rate of 2.6% (effective from 3.7%). Besides, during the grace period, students are completely free from any payments and begin the repayment after 6 months since the end of the study!

Terms for financing private schools
  • Amount – up to 10 000 GEL;
  • Duration – up to 48 months;
  • Grace period – 3 months.
Terms for financing higher educational and vocational institutions
  • Amount – up to 20,000 GEL;
  • Duration – up to 96 months;
  • Getting a loan – upon a document confirming academic status;
  • Complete grace period – additional six months after the expiration of the study period (both, at an initial amount as well as interest rate).
Advantages
  • A simplified and swift procedure for getting funds;
  • Minimal fixed interest rate;
  • Without collateral;
  • Flexible payment schedule.
Student loan calculator

Amount

500₾ 20000₾

Period

2 Month 96 Month

Monthly payment

The base and percentage are covered

Effective interest rate

Do you want to use grace period?