Tenor

<=120 months

Type of Interest Rate

Fixed, indexed

Interest Rate

GEL  13% 

USD 6.5% 

EUR5.5% 

Effective Interest Rate

From GEL  16% 

From USD 8.5% 

From EUR 7.5% 

Disbursement Fee

From 0.2%

Account Opening Fee

From 10  GEL

Withdrawal fee

From 0.2%

Credit Info Fee

Depends on credit currency, no more than: 25 GEL, 10 USD, 8 EUR

Fixed Late Payment Penalty

One-time payment of no more than 20 GEL (equivalent in loan currency)

Daily Late Payment Penalty

0.5% per day overdue. Furthermore, the total amount of expenses incurred from the first day overdue until full settlement of the overdue liability should not exceed 1.5x of the current principal balance

Early Repayment / External refinancing Fee

If repaid with own funds: 0%

If refinanced from another bank

In the case of a fiixed rate:

No more than 0% of the prepaid amount  (the amount paid to settle the outstanding principal balance at the time of prepayment) if 0 to 6 months remain before the maturity of the agreement;

No more than 0.5% of the prepaid amount  (the amount paid to settle the outstanding principal balance at the time of prepayment) if 6 to 12 months remain before the maturity of the agreement;

No more than 1% of the prepaid amount  (the amount paid to settle the outstanding principal balance at the time of prepayment) if 12 to 24 months remain before the maturity of the agreement;

No more than 2% of the prepaid amount  (the amount paid to settle the outstanding principal balance at the time of prepayment) if more that 24 months remain before the maturity of the agreement.

In the case of an indexed rate:

0% of less than 6 months remains before credit maturity;

0.5% if more than 6 months remain before credit maturity;

RE Mortgage Registration Fee

Per unit 56 GEL;

RE Mortgage Registration Cancellation Fee

Per unit 51 GEL;

Movable Property Pledge Registration Fee

Per unit 174 GEL;

Movable Property Pledge Registration Cancellation Fee

Per unit 20 GEL;