Which Programs Operate in 2026
Five main programs operate in 2026: "7-20-25" (7%, through commercial banks), Nauryz (7–9%, Otbasy Bank), Otau (7–9% for people on the housing waiting list), Umai (for women; second intake from November 3, 2026) and Nauryz Askeri (for military personnel). City and regional akimats also run regional programs with Otbasy Bank — for example, Elorda Zhastary in Astana and Almaty Zhastary in Almaty (about 5%, down payment from 10%).
Common rules: the programs target citizens of Kazakhstan without their own housing, funding is limited, and applications are accepted in windows or until a tranche runs out.
According to the Association of Financiers of Kazakhstan, subsidized programs accounted for 85.1% of new mortgage lending in Q1 2026, and the weighted average rate on new loans was 10%. Market mortgages remain expensive: in autumn 2026 banks lend on resale housing at 19.5–24% nominal, and the mortgage effective-rate cap is 25% until the end of the year (from January 1, 2027 — 20% with a down payment of 30% or more and 25% otherwise). Bank rates are listed in "Mortgages in Astana 2026".
Corrected on November 3, 2026. This section previously said the effective rate on market mortgages had been capped at 20% from July 1, 2026. That was wrong: on June 30 the National Bank and the ARDFM kept the 25% cap until the end of 2026.
"7-20-25": 7% on a Completed New Build
| Item | Condition |
|---|---|
| Rate / down payment / term | 7% / from 20% / up to 25 years |
| Maximum loan | KZT 30m — Astana, Almaty and suburbs, Aktau, Atyrau, Shymkent; KZT 25m — Karaganda; KZT 20m — other regions |
| Housing | Only new completed housing from developers; resale and buildings under construction do not qualify |
| Borrower | The borrower and spouse have owned no housing for the last 18 months |
| Banks | Halyk Bank, Bank CenterCredit, Freedom Finance Bank, Eurasian Bank, Bank RBK, ForteBank, Altyn Bank |
| Funding | KZT 100bn a year, tranches of KZT 25bn at the start of each quarter; the last 2026 tranche opened on October 1 |
Based on Krisha.kz (26.12.2025 and October 2026).
The main constraint is money. In 2025 the program issued 5,562 loans worth KZT 100bn, in the first half of 2026 — 2,465 loans worth KZT 49.96bn, and in nine months — 3,696 loans worth KZT 74.9bn. The last 2026 tranche of KZT 25bn has been open since October 1. In total, since launch the program had issued 86,851 loans worth over KZT 1.249 trillion as of October 1, 2026, and 31,534 loans worth KZT 513.4bn in Astana as of July 1 (Kazakhstan Sustainability Fund and Krisha.kz data). A quarterly tranche runs out quickly, so prepare documents and a property before it opens.
As of October 7, 2026 the program operator had received no notice from the National Bank of any change to "7-20-25" terms (Krisha.kz), and according to the same outlet the program will continue in 2027; check 2027 limits with the participating banks.
Nauryz: 7–9% via Otbasy Bank
| Item | Condition |
|---|---|
| Rate | 7% for socially vulnerable categories, 9% for others |
| Down payment | 10% — apartment with finishing; 20% — shell finish or resale housing |
| Maximum loan / term | up to KZT 36m in Astana and Almaty, up to KZT 30m in the regions / up to 19 years |
| Deposit | Savings at Otbasy Bank of at least KZT 2m |
| Borrower | No housing owned by the borrower and family members (spouse, children under 18) in the last 5 years |
| Housing | Primary; resale only in the regions and single-industry towns |
| Applications | In windows; in 2026 — March 10 to 31, no new intake announced yet |
| Time to find housing | Spring 2026 approvals are valid until December 30, 2026 — the bank extended them from November 12 (about 2,000 participants) |
Based on Krisha.kz (2026), Ulysmedia (03.02.2026) and Otbasy Bank (14.10.2026).
Otau: for People on the Housing Waiting List
An Otbasy Bank program for citizens registered as needing housing, including kandas. The rate is 7% for socially vulnerable groups and 9% for others; after saving 50% of the loan amount the rate can fall to 3.5–5%. The maximum loan is up to KZT 36m in Astana and Almaty and up to KZT 30m elsewhere, the down payment from 20%, the term up to 19 years, and minimum deposit savings KZT 1m.
Umai: a Mortgage for Women
- Who can apply: adult female citizens of Kazakhstan (the launch announcements mentioned ages 18–65) with net family income up to KZT 1.25m a month; family income counts for married applicants, and up to two co-borrowers are allowed. Saving on a deposit in advance is not required: the bank's portal lists savings for Umai as "from 0%". Full terms are in "Umai Mortgage 2026" (in Russian).
- Rate: 14.8% (effective 16.3–16.8%) on the bridge loan, falling to 5% a year after saving 50% on the deposit.
- Down payment and amount: from 20% in Astana and Almaty, from 15% in other cities; loans up to KZT 50m.
- Housing: completed new builds (chosen only on the Baspana Market marketplace), guaranteed projects under construction, or resale built in 2016 or later; local registration is not required.
- Intakes: the first opened on August 31, 2026, and its KZT 9bn tranche was almost fully used (420 loans issued, about 230 women still searching). The second opened on November 3, 2026 with KZT 20bn; terms are unchanged. The Asian Development Bank funds the program — KZT 90bn for Umai and the Green Mortgage.
- How to apply: via the video-service option on Otbasy Bank's website, through the bank's consultants or at a branch; a married applicant's husband must be present in person.
Based on Forbes Kazakhstan (27.08.2026) and Krisha.kz (November 2026).
Nauryz Askeri: for Military Personnel
A program for military personnel and security-service staff receiving housing allowances. The rate is 9% with a possible reduction to 5%, the down payment from 0% to 50%, and the maximum loan up to KZT 80m (Ulysmedia, 03.02.2026).
Without a State Program: an Otbasy Bank Loan
If you do not meet the program conditions or missed the application window, standard Otbasy Bank loans under the housing construction savings system remain: first savings on a deposit, then a bridge (intermediate) or housing loan.
- Intermediate loans at 8.5%. Since June 4, 2026 intermediate loans for buying new and resale housing, construction, renovation and under several programs are issued at a single rate of 8.5% a year (annual effective rate 9–9.6%); previously the rate was 6–8.5% depending on the program and the client assessment.
- What did not change. Terms of housing loans and preliminary loans remain the same, and clients with preliminary approval before June 4, 2026 keep the old terms.
- Since October 15, 2026 — no six-month wait. When buying from the bank's partner developers, an intermediate loan is issued without the minimum evaluation score of 5, which normally takes at least six months of savings on deposit. You still need an Otbasy Bank deposit, savings of 50% (check the base with the bank: its announcement says of the loan amount, the product page says of the property price) and a developer's letter confirming the booking. The rate is 8.5% (effective 9–9.6%), later falling to 3.5–5%. BI Group was the first partner with 600 apartments in Astana, Almaty, Shymkent and Atyrau; agreements with SAT NS and QazaqStroy are being finalized (Otbasy Bank, 14.10.2026).
Based on Krisha.kz (04.06.2026). By the outlet's calculation, on a KZT 30m loan the difference between 7.5% and 8.5% is roughly KZT 12,000–20,000 a month depending on the term.
Using Pension Savings for Housing in 2026
Part of your pension savings can be used for housing — for example, for a down payment, mortgage repayment or topping up an Otbasy Bank deposit. Only savings from mandatory pension contributions can be used, and only the amount above the minimum sufficiency threshold. Applications are filed online via the enpf-otbasy.kz platform (operated by Otbasy Bank); once approved, ENPF transfers the money to a special account within 5 business days.
| Contributor age | Minimum sufficiency threshold |
|---|---|
| 20 | KZT 6.67m |
| 25 | KZT 8.15m |
| 30 | KZT 9.75m |
| 35 | KZT 11.49m |
| 40 | KZT 13.37m |
| 45 | KZT 15.40m |
| 50 | KZT 17.59m |
| 55 | KZT 19.95m |
| 60 | KZT 22.50m |
ENPF thresholds published on June 6, 2026 (Forbes Kazakhstan). Only the amount above the threshold for your age can be used.
- Thresholds rose by 79% or more. This is the second increase in 2026: thresholds were raised by 10% in January, and since June they have been calculated under a new methodology targeting a future pension of about 40% of the median wage. Many contributors now have less available.
- No income tax. Since January 1, 2026 one-time ENPF payments for housing and medical treatment are exempt from personal income tax, except payments to non-residents (ENPF guidance).
- Otbasy Bank mortgages — principal only. Since January 31, 2026 pension savings can repay only the principal of Otbasy Bank loans; interest, fines and penalties are paid from your own funds.
The rules for using pension savings change several times a year — check the ENPF guidance (in Russian) and your bank's terms before applying.
Which Program to Choose
| Your situation | What to consider |
|---|---|
| No housing, 20% down payment, buying a completed new build | "7-20-25" — if you catch the quarterly tranche; Nauryz — if you have a KZT 2m deposit and hit the window |
| An apartment with finishing and only 10% down | Nauryz (if deposit and housing conditions are met) |
| You are on the housing waiting list | Otau |
| A woman aged 18–65 looking at resale built in 2016 or later | Umai |
| Military personnel with housing allowances | Nauryz Askeri |
| You already own housing or need resale in Astana without eligibility | A market mortgage (19.5–24%, effective rate up to 25%) or an Otbasy Bank loan under the housing savings system (intermediate loans at 8.5%; no six-month wait with partner developers) |
Monthly payments at different rates are compared in "Mortgages in Astana 2026", and buying versus renting in "Renting or a Mortgage".
How to Prepare in Advance
- Open an Otbasy Bank deposit as early as possible: Nauryz requires at least KZT 2m, Otau from KZT 1m, for Umai savings in advance are optional, but the rate drops after you save 50% of the loan amount.
- Check the "no housing" criterion — it applies not only to you but also to your spouse and, for Nauryz, children under 18.
- Collect income documents in advance: application windows are short.
- Choose a property that fits the program: "7-20-25" — completed new builds, Nauryz in Astana — primary housing. Check the developer — see "New Builds in Astana: Completion Dates and Checks".
- Follow the operators' announcements — Otbasy Bank and the "7-20-25" partner banks: terms and limits are revised.
Frequently Asked Questions
Which subsidized mortgage programs operate in Kazakhstan in 2026?
"7-20-25" (7% through commercial banks), Nauryz (7–9% through Otbasy Bank), Otau (for people on the housing waiting list), Umai (for women aged 18–65) and Nauryz Askeri (for military personnel).
Who can get a Nauryz mortgage?
A citizen whose household (spouse, children under 18) has owned no housing in the last 5 years, with savings of at least KZT 2m at Otbasy Bank. Applications are accepted in windows — in 2026 from March 10 to 31; no new intake has been announced. Spring approvals now let participants search for housing until December 30, 2026.
What is the maximum "7-20-25" loan in Astana?
Up to KZT 30m in Astana, Almaty and suburbs as well as Aktau, Atyrau and Shymkent, up to KZT 25m in Karaganda and up to KZT 20m in other regions. Down payment from 20%, term up to 25 years.
Can I buy resale housing in Astana with a subsidized mortgage?
Not under "7-20-25" — only new completed housing. Under Nauryz, resale is allowed only in the regions and single-industry towns. Under Umai you can buy resale housing built in 2016 or later.
When are Umai applications accepted?
Otbasy Bank opened the first intake on August 31, 2026; its KZT 9bn tranche was almost fully used. The second intake opened on November 3, 2026 with KZT 20bn, and the program terms did not change (Krisha.kz). The program is for working women aged 18 to 65.
Will subsidized mortgages continue in 2027?
According to Krisha.kz, "7-20-25", Nauryz, Umai, regional and military programs will continue in 2027; terms and application dates for 2027 are still to be confirmed. Market mortgages change too from January 1, 2027: the effective-rate cap will be 20% with a down payment of 30% or more and 25% otherwise.
Can pension savings be used for a mortgage in 2026?
Yes, if savings from mandatory pension contributions exceed the minimum sufficiency threshold: the amount above it can go, for example, towards a down payment, mortgage repayment or an Otbasy Bank deposit via the enpf-otbasy.kz platform. Since June 2026 thresholds are higher — for example, KZT 9.75m for a 30-year-old and KZT 13.37m for a 40-year-old. For Otbasy Bank loans, since January 31, 2026 pension money repays only the principal.
What is the rate on an Otbasy Bank intermediate loan?
Since June 4, 2026 — a single rate of 8.5% a year (annual effective rate 9–9.6%) for intermediate loans to buy housing, build or renovate. Terms of housing and preliminary loans did not change.
Sources
- Krisha.kz, 26.12.2025: "7-20-25" in 2026 (in Russian) — krisha.kz
- Kazakhstan Sustainability Fund, 05.01.2026: "7-20-25" results for 2025 (in Russian) — kfu.kz
- Krisha.kz: Nauryz mortgage terms in 2026 (in Russian) — krisha.kz
- Otbasy Bank: Otau program (in Russian) — hcsbk.kz
- Forbes Kazakhstan, 27.08.2026: Umai program (in Russian) — forbes.kz
- Ulysmedia, 03.02.2026: subsidized mortgages 2026 (in Russian) — ulysmedia.kz
- Tengrinews, 15.06.2026: mortgage market in Q1 2026 (in Russian) — tengrinews.kz
- Kazakhstan Sustainability Fund, 02.07.2026: "7-20-25" results for H1 2026 (in Russian) — kfu.kz
- Krisha.kz, 04.06.2026: Otbasy Bank raises the rate on intermediate loans (in Russian) — krisha.kz
- Forbes Kazakhstan, 06.06.2026: new minimum sufficiency thresholds (in Russian) — forbes.kz
- Forbes Kazakhstan, 29.01.2026: Otbasy Bank changes the rules for using pension savings (in Russian) — forbes.kz
- ENPF, 09.01.2026: pension payments exempt from income tax (in Russian) — enpf.kz
- ENPF: using pension savings to improve housing conditions (in Russian) — enpf.kz
- Krisha.kz: "7-20-25" — the last tranche of 2026 and nine-month results (in Russian) — krisha.kz
- Krisha.kz: second Umai intake from November 3, 2026 (in Russian) — krisha.kz
- Krisha.kz: which mortgages will operate in 2027 (in Russian) — krisha.kz
- Otbasy Bank, 14.10.2026: bridge loans with partner developers; Nauryz approvals extended (in Russian) — hcsbk.kz
- National Bank of Kazakhstan, 01.07.2026: mortgage effective-rate cap (in Russian) — nationalbank.kz