MBC’s Auto Loan finances vehicle purchases with simplified procedures, offering remote approval of up to 50,000 GEL in as little as 30 minutes. The promotional effective rate starts from 27.5%.

Applying remotely can earn a discount of up to 5% on the loan’s interest rate. As with MBC’s other products, the application is considered regardless of credit history and the real rate is finalized individually.

What's good

  • Remote approval up to 50,000 GEL in 30 minutes
  • Up to 5% discount for online application

Trade-offs

  • Relatively high promotional rate from 27.5%
  • Remote limit capped at 50,000 GEL