Industry |
Agriculture | |||
---|---|---|---|---|
Parameters | Merz Agro NEW | Merz Agro USED |
||
Initial payment |
from 20% |
from 30% | ||
The remuneration rate | from 6%* |
from 10% | ||
Fee | 1% | 2% | ||
Maximum term, months | 60 | 37 | ||
Terms of repayment | ||||
Principal | Once a year |
Once a year |
||
Interest | Twice a year |
Twice a year | ||
Insurance | Annually | Annually |
*according to the "Rules for subsidizing interest rates for lending to agricultural entities, as well as leasing for the purchase of farm animals, machinery and technological equipment", the borrower pays 6% of the nominal interest rate, the remaining part of the nominal interest rate received as a result of the difference between the amount of the base rate of the National Bank of the Republic of Kazakhstan plus 7.5% is subsidized from the state budget per annum and 6% paid by the borrower in tenge.