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!

Terms for financing higher educational and vocational institutions
  • 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.
Student loan calculator


500₾ 20000₾


2 Month 96 Month

Monthly payment

The base and percentage are covered

Effective interest rate

Do you want to use grace period?