Citizens of Kazakhstan called up for compulsory military service are exempt from payments on bank loans and microcredits for the entire period of service and for another 60 calendar days after its completion. The deferment extends even to loans that were overdue before conscription, and there is no need to contact the bank or microfinance organization — the mechanism works automatically, infohub.kz reports.
As the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market reminded, during the deferment period, payments on principal and interest are suspended, and no interest is accrued. No application is required, no certificate from the military enlistment office is needed, and no additional agreement with the creditor is signed: banks and microfinance organizations receive all necessary information from the Ministry of Defense of the Republic of Kazakhstan.
If a loan overdue occurred before conscription, the debt itself does not disappear, but collection procedures are suspended during compulsory military service. Nevertheless, conscripts are advised to check their credit obligations and, if necessary, take measures to settle the debt.
Since August 31, 2025, it has been prohibited to issue new bank loans and microcredits to military personnel undergoing compulsory service. When considering an application, the bank or microfinance organization checks the citizen's credit report: if it indicates that the person is undergoing compulsory military service, the new loan is denied.
In the first half of 2026, 30,000 military personnel received deferments on loans worth 7.5 billion tenge. In total, since the mechanism was introduced, 82,100 conscripts have used it, with their loans amounting to 23.5 billion tenge.
It is important to understand: deferment does not mean debt forgiveness. After it ends, the borrower will still have to pay off the loan.
Earlier it was reported that thousands of Kazakh military personnel did not receive their entitled loan deferments. However, the problem was resolved when the military prosecutor's office intervened. Also recall that Kazakhstanis can file a complaint themselves about the lack of deferment.