Used car

VTB Bank offers quick auto loans those, who wish to purchase the used cars. The loan is issued only on basis of ID presentation, just within 20 minutes. Select any desirable car at the car market or from any individual and use the quick auto loan offered by VTB Bank.

Loan currency GEL
Interest rate
From 12%
Effective interest rate
From 21.79%
Contribution by customer From 25%
Maximum loan term 3-60 months
6 months Insurance For a gift
Upfront Commission fee
from 1%
Redemption penalty
0% - 2%

Advantages:

  • The loan is issued directly at the sales point
  • You need to present only your ID
  • Low interest rate
  • The car will be insured directly at the sales point
  • The quick auto loan is approved within 20 minutes
  • All the costs connected with the purchase of car are financed by VTB Bank

Documents necessary to receive the loan

  • ID
  • Minimum contribution

Collateral:

  • The purchased car

Main requirements towards the borrower

  • Georgian citizenship
  • Age – 23-65 (including the loan term)
  • Minimum market value of car – USD 4,000
  • Income min. 150 GEL

You can get the car loan:

  • At Rustavi car market branch office, Service center Pekin, Gori, Telavi, Kutaisi, Batumi and Poti branch offices of  VTB Bank