Product Description and Terms and Fees

If you are TBC's payroll client and need money for private use, apply for an overdraft. An overdraft limit does not require collateral and can be used for any purpose. 

Loan amount 2x salary; max. 5,000 GEL
*For VIP and Concept clients – 5x salary; max. 20,000 GEL
Interest rate From 16%
Effective interest rate From 17.06%
Borrower Georgian citizen
Income Salary
Proof of Income Salary account statement
Calculation Date Last day of month
Payment Date The client's preferred date (from 5 through 27)
Minimum payment 10% of balance drawn as of the calculation date + accrued interest.
Credit limit validity term

Up to the age of 65 on the overdraft issued before July 15, 2023
Up to 75 years for the overdraft issued after July 15, 2023
Up to 70 years for the overdraft issued after November 21, 2023

Overdue penalty 20 GEL on the first day of overdue, 0.5% of the amount owed on each overdue day (in total, not more than 1.5 times the amount of current principal residual amount)