Akshamat is a convenient application that provides a simple and convenient way to get loans and credits online. Our application is designed to make the process of receiving financial assistance efficient, convenient and transparent for our clients.

With the Akshamat application, you can access microcredits and microloans at any time convenient for you, from anywhere. Our application provides prompt registration and application for a loan, which allows our clients to save time and avoid unnecessary hassle.

Financial functions:

1. Loan selection: Our application provides users with a convenient tool for selecting loans from our partners. We cooperate with reliable financial institutions that offer a wide range of loans on various terms.

2. Comparison of terms: We provide users with the opportunity to compare various loan offers by parameters such as interest rate, repayment terms, terms of issue and other financial terms. This helps our users make informed decisions about choosing the most suitable loan.

3. Security and privacy: We provide a high level of security and privacy protection for our users when using the application. All financial information is processed in accordance with modern security and encryption standards. You can request to delete your account and data.

Information on the total cost of the loan and an example of calculation:

The minimum interest rate is 10% per annum.
The maximum annual interest rate is 32% per annum.
Interest and penalties accrued under the Consumer Loan Agreement cannot exceed twice the loan amount.

Conditions for obtaining a loan:
The minimum loan repayment period is 92 days;
- The maximum loan repayment period is 365 days;
- The maximum annual interest rate, including the loan interest, as well as all other fees and expenses for the year (Annual Percentage Rate APR) is 32%, and the minimum is 1%. Annual interest for using the Credit - min 1%, max 32%.
- The minimum interest rate for using the loan per day is 0.01%;
- The maximum interest rate for using the loan per day is 1%;
- Penalty for late payment: 0.1% of the amount of delay per day, but not more than 10% of the loan amount
- Other fees or charges: none
- In case of a long delay in payment, the information will be transferred to the BKI
- Extension of the loan is possible with timely notification of the lender and payment of interest for the initial loan term, additional fees for loan extension are not provided

Example of interest rate calculation:
- Loan principal amount - 20,000 USD.
- Loan term - 100 days.
- Commission for using the loan: 0.08% per day, i.e. 16 tenge per day, or 2.4% per month (averaged for 60 days), i.e. 480 USDper month (average for 60 days).
- The total commission for 100 days will be 1600 USD.
- The total amount to be returned taking into account the loan amount: 21600 USD.
- FLC - Full Loan Cost in percent is 29.2% per annum.

The Akshamat application is not a financial institution, bank or lender, is not responsible for loan agreements or their terms. The application offers do not include all financial companies or their products. Examples are for informational purposes only. The application is available to everyone without any payment.