Fill in an Application Borrow cash with no collateral
Consumer Loan is best fitted for funding short-term objectives. It does not require any collateral. No restrictions in regard with loan purposes.
| Interest rate | From 6.9% |
| Effective interest rate | From 16.24% |
| Minimum loan amount | GEL 400 |
| Maximum loan amount | GEL 45,000 |
| Loan term | Up to 48 months |
| Loan currency | GEL |
| Upfront commission fee | 2% |
| Pre-payed fee | 0-2% |
| Loan service monthly commission | 0.7% |
- Low interest rate
- No limitations in regard with loan designation
- No collateral in a form of movable or immovable property is required
- Georgian citizenship document/ residence permit
- Income certificate (if not received at VTB Bank (Georgia))
Collateral
- Surety of another individual (if loan amount exceeds GEL 30,000).
- Minimum monthly income requirement for participants of VTB Bank (Georgia) Payroll Programme - from GEL 100; for other individuals - from GEL 300
- Acceptable forms of income: salary, rent, dividend
- Work experience for participants of VTB Bank (Georgia) Payroll Programme – 3 months; for clients of other banks – 6 months (income certificate)
- Respective income shall be received via bank account opened with any bank operating in Georgia
- Age: 20-65 years (at the end of loan term)