AQYL education deposit
Benefits
Terms & Conditions
Duration | 36, 60 months with possible extension to 20 years |
Currency | tenge |
Deposit purpose | Pay for education |
Interest rate | 36 months – 12.0% (AEIR of 12.9%) 60 months – 9.5% (AEIR of 10.1%) |
State premium | - 5% of the deposit balance |
Accruals | monthly |
Payment | at the end of the Deposit term |
Replenishment | no limit |
Partial withdrawal | applicable, wire transfer to the account of the educational institution |
Minimum deposited amount | 3 MCI |
Extension | maximum six times |
After the expiration of the maximum number of extensions established by the Bank, the deposit is transferred to the depositor's current account.
In the absence of a depositor's current account, further deposit interest rate is 0%.