Photo: Hyundai Motor Group / Pexels
Halyk Market has launched a “New car” catalogue in Kazakhstan, featuring offers from authorised dealers and online car loan applications. Loans are available for up to 30 million tenge, with down payments starting at 5%. The service lets buyers choose a car and apply for a loan before visiting a showroom (informburo.kz).
What happened
The catalogue is available in the Halyk Market section of the Halyk SuperApp. Buyers can compare prices and trim levels, check a model’s availability, reserve a car online and apply for a loan.
According to the service description, the catalogue is linked to car dealers’ databases, with vehicle specifications and availability updated in real time. It lists only new cars covered by a warranty. This lets buyers compare available offers and choose a suitable trim level in advance.
The mobile version of Halyk Market also offers a promotion with special car loan terms. Annual interest rates range from 21% to 23%. The annual effective interest rate, or GESV, ranges from 23.13% to 25.62%.
What this means
Loans are available for up to 84 months — seven years. Down payments start at 5% of the car’s price, and the maximum loan amount is 30 million tenge. There are no loan fees.
Halyk pays for KASKO car insurance and personal accident insurance for the borrower throughout the loan term. Under the offer’s terms, buyers do not need to budget separately for these costs.
Choosing a car and applying for a loan can now be done in the app, without an initial trip to a dealership. Buyers can compare their prospective monthly payment with their expenses in advance. Available cars, offer comparisons and loan applications can all be found in the Halyk Market section.
