As the bank that distributes state pensions to a large share of Georgia’s pensioners, Liberty Bank offers a dedicated Pension Loan tailored to pension recipients. Eligible pensioners can borrow up to roughly five times their monthly pension amount.
Because repayments are linked to the pension paid into the account, approval is simplified for existing pension clients. The exact amount and term are confirmed individually at the branch or community centre.
What's good
- Tailored to pensioners with simplified approval
- Borrow up to several times the monthly pension
Trade-offs
- Only for pension recipients
- Interest rate confirmed individually