Preferential car loans - applications for 31.7 billion tenge accepted from Kazakhstanis
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Preferential car loans - applications for 31.7 billion tenge accepted from Kazakhstanis

Preferential car loans - applications for 31.7 billion tenge accepted from Kazakhstanis

19.05.2022

NUR-SULTAN. KAZINFORM - Tomorrow Forte Bank may start accepting applications for preferential car loans at 4%. And the cities of Nur-Sultan, Almaty and the Turkestan region are leading in applications for a car loan. This was reported in the Industrial Development Fund, Kazinform correspondent reports.

“As of the current date, as part of the program, second-tier banks are actively accepting applications. To date, 4,290 applications worth 31.7 billion tenge have been approved. Literally tomorrow we assume that Forte Bank will be included in this list. "Bank CenterCredit", "Eurasian Bank" and Halyk Bank are currently accepting applications," Zhanar Ibrasheva, Deputy Chairman of the Board of the Industrial Development Fund, told a Kazinform correspondent.

She recalled that on May 16, from the moment the program was launched, they began accepting applications from Bank CenterCredit, after that from Eurasian Bank. Halyk Bank also joined the process of issuing a car loan. Applications of citizens are accepted throughout Kazakhstan.

Also, the Deputy Chairman of the Industrial Development Fund commented on the regions in which applications are most processed. Thus, according to the latest data, most applications for a car loan are in Almaty, the Turkestan region and the city of Nur-Sultan.

“In fact, activity is observed in all regions, all regions are involved,” Zhanar Ibrasheva said.

Also, according to her, car manufacturers have call-centers, and for all questions regarding preferential car loans, Kazakhstanis can find out in car centers.

“There are representatives of second-tier banks in car centers who can explain all the information,” Zhanar Ibrasheva added.

Earlier it was reported that from May 16, Kazakhstanis  will be able  to receive preferential car loans at 4%.

To date,   four banks have received approval from the Industrial Development Fund. The remuneration rate under the terms of this program is 4% per annum. The cost of the car should not exceed 15 million tenge, and the loan amount should not exceed 10 million tenge. The loan term is up to seven years.

 According to the Association of Kazakhstan Automobile Business (AKAB), 14,000 customers visited car dealerships in the first days of concessional lending  .

Source: inform.kz