What is a security deposit-backed loan?
A term deposit used as collateral for a loan.
The funds remain pledged until the loan is fully repaid,
but continue to earn interest as per the deposit terms.
Only a security deposit is accepted as collateral.
You can transfer funds from the Champion deposit by opening
a security deposit under the terms and conditions
similar to opening of the Champion deposit
Benefits
Terms and Conditions
Product Terms | Consumer needs |
Financing Currency | KZT |
Loan Amount | ₸500,000 - ₸500,000,000 |
Loan Interest Rates | KZT-denominated deposit: deposit interest rate + 3.7% bank margin |
AEIR | 13.11% - 35% |
Loan Term | 3 months - 23 months for deposits in KZT |
Security Deposit Term | Loan term +1 month |
Fee | Origination fee – 0% |
Collateral | Security deposit with an interest rate equivalent to the Champion deposit, with capitalization |
On the Borrower’s Liability | |
Кредит под депозит-гарантии
FAQ
This is a consumer loan secured by a security deposit.
A term deposit held at a bank and used as collateral for a loan. Funds continue to accrue interest according to the deposit terms. While the deposit is pledged as collateral, it cannot be replenished or partially withdrawn. The funds can be withdrawn once the loan is fully repaid.
KZT, USD, or EUR.
Loan term + 1 month
Citizens of the Republic of Kazakhstan aged 21-68.
The loan amount ranges from ₸500,000 to ₸500,000,000.
- Up to 90% of the deposit amount, when the collateral is denominated in KZT
- Up to 80% of the deposit amount, when the collateral is denominated in USD or EUR
6 months -23 months
Interest rate ranges from 12.35% to 22% p.a.
AEIR ranges from 13.11% to 35%.
The interest rate is set in accordance with the Champion deposit rate effective at the time of opening.
Not applicable. Standard deposit terms apply.
Based on data from government databases (State Center for Pension Payments) or a card account statement for the last 6 months.
Provide an account statement from Halyk Bank or Kaspi Bank.
Yes, notarized consent is required to pledge the deposit as collateral and obtain a loan.
No
Application processing and loan origination are free of charge.
The loan amount is credited to the borrower’s current account.
Available at any time with no restrictions.
Once you have repaid your loan, you will need to visit a bank branch to close the Security Deposit and withdraw the funds
Notarized statements – 0.5 MCI
Notarized consents – 1.5 MCI
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