Credit Union Deposit at Nurbank JSC | Terms and Rates

Credit Partnership

For obligations to JSC 'Agrarian Credit Corporation'
Currency:
KZT
Minimum deposit amount:
750,000 KZT

30,000,000 KZT, 150,000 USD, 150,000 EUR

50,000,000 KZT, 300,000 USD, 300,000 EUR

100,000,000 KZT, 750,000 USD, 700,000 EUR

Replenishment and withdrawal:
yes, by agreement with JSC 'Agrarian Credit Corporation'
Reward Payment:
monthly
Credit Partnership

Term

Until the condition occurs - the depositor fulfills obligations to JSC "Agrarian Credit Corporation" under the loan agreement upon receipt of a letter from JSC "Agrarian Credit Corporation", confirming the fulfillment of obligations, but not less than the term of the loan agreement concluded between the Credit Partnership and JSC "Agrarian Credit Corporation"

 

Interest Rates

Tenge

Minimum Amount / Term in Months 1-5 6-11 12-14 15-18 19-23 24-35 36-360
Annual Reward Rate
from 750,000 to 50 million 10 10 10 10 6.6 6.6 6.6
from 50 million to 250 million 10.5 10.5 10.5 10.5 6.8 6.8 6.8
from 250 million 11 11 11 11 7 7 7
APRC
from 750,000 to 50 million 10.5 10.5 10.5 10.5 6.8 6.8 6.8
from 50 million to 250 million 11 11 11 11 7 7 7
from 250 million 11.6 11.6 11.6 11.6 7.2 7.2 7.2

Until a signed tripartite agreement between the depositor and JSC "Agrarian Credit Corporation" is provided by the Depositor, the reward rate is considered as 0% per annum.

For deposits opened for a period of more than 36 months, the deposit reward rate is subject to review after the first 36 months according to the reward rates in effect at the time of the rate review for deposits opened for 36 months.

For all SME/Private Farmer/Co-operative deposits, the reward rate must not exceed the maximum guaranteed by the KFGD.

Appendix No.1 to CUAP Protocol No.78-1 dated 07.06.2024. Rates apply from 10.06.2024.

Reward Payment:
monthly

Frequently Asked Questions

What term deposits are available at Nurbank for legal entities?
  • Optimal Deposit
  • Convenient Deposit
  • Nur-Comfort Deposit
What are the advantages of deposits for legal entities?
  1. Convenient terms
  2. High interest rates
  3. Ability to top up the deposit at any time without restrictions
  4. Ability to withdraw the necessary amount
  5. Favorable rates for early termination
  6. Individual approach to the client
What is the minimum deposit for the 'Investment' account?

200,000 tenge, 2,000 US dollars, 2,000 euros

If my business goes bankrupt, what will happen to my deposit?

You can withdraw your deposit at any time according to the terms of the deposit agreement

From which deposit can I make partial withdrawals?

Partial withdrawals are possible from the 'Optimal' and 'Convenient' deposits

Which deposit has the shortest placement term?

The "Nur-komfort" deposit has the shortest placement term. The deposit term is from 1 to 28 days.

Are there deposits available for individual entrepreneurs?

The 'Optimal' and 'Convenient' deposits are available for individual entrepreneurs

Are there any guarantees from the DIF for corporate deposits?

No, the guarantee objects of the DIF are the funds of individuals and individual entrepreneurs