In Kazakhstan, graduation ceremonies have recently passed, prompting many parents of schoolchildren to contemplate their children's future. The path their lives will take largely depends on the university the graduates can attend and the parents can afford. To this end, Nurbank offers a modern solution with the Aqyl educational savings deposit.
This is a versatile deposit that opens up all possibilities for your children. The savings can be used to pay for education at universities and colleges in Kazakhstan as well as abroad, with no restrictions, including educational and language courses. The account holder can use all the funds for education – the accumulated amount and the state bonus of up to 7 percent, as well as a bank reward of up to 9 percent per annum. Thus, the profitability of Aqyl exceeds 14 percent, which is the main advantage of this deposit.
For example, assuming that a year of education in a state university in Kazakhstan costs an average of 700,000 tenge, a child's higher education will cost a total of 2.8 million tenge. By opening an Aqyl deposit in the 7th grade, five years before graduation, you will replenish the deposit monthly with 45,000 tenge. Thus, by graduation, the accumulated amount will allow you to pay for the entire period of undergraduate study at the chosen university.
Since the beginning of this year, 110 Aqyl educational savings deposits have been opened at Nurbank. Residents of Almaty particularly appreciated the advantages of the deposit – 24.1 percent of concerned parents from the southern capital, while in Nur-Sultan it is 14.8 percent, in Karaganda - 8.5 percent, and in Atyrau – 8.1 percent. Aqyl is also popular in the cities of Aktobe, Aktau, Ust-Kamenogorsk, and Shymkent – there, the number of account holders collectively constitutes 22.6 percent.
Another useful feature of Aqyl is that payment for education is made only via non-cash transfer to the educational institution's account, and partial withdrawal from the deposit is not allowed. This automatically removes the temptation for account holders to spend money on other needs and prioritizes the importance of the student's education. Note that when transferring money to a foreign university's account, the account holder must pay the standard commission according to the bank's approved tariffs for servicing individuals in the "international transfers" category.
It is also important to remember that if the deposit is withdrawn for personal purposes, the contract is terminated, and the accrued state bonus is returned to the budget.
Secure your children's future today with the Aqyl deposit from Nurbank!
source: Tengrinews.kz