Kaspi Bank • The kaspi bank has always focused on the quality of service, sustainable and consistent development, and unlike other banks, has been conservative. • The kaspi bank team is focused on dealings with the Kazakhstani and the local businesses. We do not conquer the neighbouring markets, because we see that people need good bank services and a reliable financial partner. • The kaspi bank has already become a reliable financial partner for more than 430, 000 customers, including over 8, 000 small and medium-sized businesses. • The Bank has launched the broadest branch networks in the country. You can meet our staff at every big store that creates a good opportunity for customers to purchase anything they need. We are happy that we participated in giving 1. 5 million of express loans. • We keep investing in information technologies constantly, as our customers appreciate mobility and free access both to their own money and the bank resources. The kaspi bank is going to invest more than two billion Tenges into this field.
Loans for purchasing the Bank’s mortgage objects • Requirements of the program: • • Currency: Initial fee: Min loan amount: Due date: • Interest rate*: • • Collateral: Insurance: • Prepayment: KZT 20% mortgage 150 000 KZT / 1000 USD Up to 15 years – secured by real estate 15. 99% per annum, depending on the size of down payment Acquired property Mortgage insurance: 0. 39% of the loan amount (if flat) No time limit and no fees
Bank Commission and other conditions • Commission for consideration of the application: no fee • Commission for granting of credit : 2. 0% of loan amount • Loan servicing fees: for counting and packaging of the issuance of cash: Tenge - 0. 2% of the loan amount, USD - 0. 4% of loan amount • Necessary types of insurance: mortgage: 0. 39% of loan amount (if apartment)
Requirements for the borrower • Proof of Income: required • Age: min 21 years • Total experience: 12 months • Residence permit and citizenship: a resident of RK • List of documents: Application Form in the form of Bank Identity card or passport Certificate of taxpayer RK (TRN) Certificate of assigning SIC Marriage certificate Identity card or passport spouse / w, adult family members Help to address office / house register (if necessary) Information about the amount of wages (if necessary)
For example: • Mortgage for 3 years – 15000$ • Initial fee 20%*15000=3000 PV=12000$ I/Y=15. 99% N=3 FV-? PMT-? • Answer: FV=18, 725. 91$ PMT=2, 052. 46$
