Useful information

State educational accumulative system

Kazakhstan has a new mechanism to accumulate money for the education of children with interest bonuses from the state

Since 2013, the state educational accumulative system (hereinafter – GONS) has been functioning in Kazakhstan.

The system allows each citizen of the Republic of Kazakhstan to open in his or her own name or in the name of a child educational savings contribution, which in the future can be used to pay for education in colleges and universities of Kazakhstan and abroad. The operator of this system is JSC “Financial center”.

To date, about 16,000 educational savings deposits have already been opened.

   On the educational savings Deposit by the Bank-member of the GANS is charged a monthly fee-14% per annum (HPP-15.2%) and annually the state is charged a premium-5% or 7% (for the preferential category):

The features of education savings Deposit:

The state premium, as a type of income, is not taxable;
    Educational savings deposits are the object of guaranteeing the Kazakhstan Deposit guarantee Fund up to 10 million tenge;
    The minimum initial payment is 3 MCI (6 363 tenge in 2016).);
    Accumulation period – up to 20 years;
    The opportunity to get an educational loan in the Bank under 100% guarantee of the state represented by JSC “Financial center” MES.

Upon receipt of an educational grant, the depositor has the right to:

withdraw savings together with the premium from the state;
    transfer money to another child;
    accumulate further for other levels of education

* The state premium and the Bank’s remuneration are capitalized and the overall yield is up to 22.2%, due to which the depositor, by purchasing education services, saves on expenses up to 30-70%.

To open an educational savings Deposit:

    STEP-Choose one of the banks-participants of GONS;
    STEP is to Open an educational savings Deposit.
    STEP-Make a down payment.

Documentation:

– identity card of one of the parents;
– child’s birth certificate and IIN.

For advice call to JSC ” Financial center»:


Free hotline: 8 800 080 28 28. Tel.: 8 7172 695 044, 695 045, 695 047

Address: Astana, Tauelsyzdyk Ave. 8