| Requirements for borrowers |
|
| Lending purpose | To purchase a primary housing*. The maximum value of the real estate to be purchased in Nur-Sultan and Almaty Cities and in their suburban areas within the boundaries stipulated by the laws of the Republic of Kazakhstan, in Aktau, Atyrau and Shymkent shall be 25 million Tenge, in Karaganda - 20 million Tenge, and 15 million Tenge in other regions. |
| Interest rate** | 7% p.a.*** |
| Credit amount | up to 80% of the value of property to be purchased, but not less than 500,000 Tenge |
| Down payment | from 20% of the value of property to be purchased; |
| Repayment date | 15th day of each month |
| Loan repayment method |
|
| Collateral security | Residential property purchased |
| Proof of solvency: | Proof of solvency is compulsory |
| Lockout period as to full or partial repayment | None |
| Bank fees | None |
| Insurance | None |
* according to Minutes #73-19 of the Bank Management Board dated 19.06.2019 and Resolution #10/07/19-01 of the meeting of the Board of Directors dated 10.07.2019
** a residential property, the title to which is registered for the first time when it is purchased from the developer, construction project owner or investor, local executive body or other legal entities selling the residential property on behalf of the developer, construction project owner or investor, or local executive body.
***The annual effective interest rate is from 7.2% p.a.
** a residential property, the title to which is registered for the first time when it is purchased from the developer, construction project owner or investor, local executive body or other legal entities selling the residential property on behalf of the developer, construction project owner or investor, or local executive body.
***The annual effective interest rate is from 7.2% p.a.