| Requirements for borrowers |
|
| Lending purpose | To purchase a primary** and secondary housing (other than primary one). The maximum value of the residential property to be purchased in Nur-Sultan, Almaty, Aktau and Atyrau shall be 25 million Tenge, and 15 million Tenge in other regions. |
| Loan amount | up to 80% of the value of property to be purchased, but not less than 500,000 Tenge |
| Interest rate** | The base rate*** approved by the National Bank of the RoK as of the date of the Bank Loan Agreement + 1.75% (175 basis points, whereas one basis point is 0.01%.)**** |
| 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 |
| Fees for consideration of the loan application and documents | 10,000 Tenge |
| Arrangement fee | 1.5% of the loan amount – shall be charged prior to the loan disbursement against the Borrower's own funds |
| Loan service fees | According to the Bank's current tariffs |
| Insurance | Annual insurance of single-family houses as the pledged property, subject to a compulsory prolongation until the borrower fulfills all his/her liabilities under the Bank Loan Agreement in full. |
* 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 information of the base rate is available on the website of the National Bank of the RoK.
**** The annual effective interest rate is from 12.1% 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 information of the base rate is available on the website of the National Bank of the RoK.
**** The annual effective interest rate is from 12.1% p.a.