This Ziraat Bank Georgia product is a consumer loan collateralized with real estate, offering a lower rate in exchange for property security. The minimum amount is 5,000 USD or 10,000 GEL, with a term of up to 84 months.

Advertised rates start from 11.9% nominal (effective rate from 14.5%). Borrowers must be aged 18 to 65, and monthly income must be at least double the monthly installment. Amounts above GEL 400,000 are disbursed in national currency only.

What's good

  • Lower rate than unsecured consumer loan
  • Longer term up to 84 months

Trade-offs

  • Requires real-estate collateral
  • Income must be double the installment