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Agency reminds about automatic loan deferrals for conscripts

The Kazakh agency reminded that loan and microcredit deferrals are granted automatically for the entire period of mandatory military service and 60 calendar days after its completion.

Under the terms of the deferral, loan payments are suspended, and interest is not accrued. There is no need to contact a bank or microfinance organization or submit an application. Issuing new loans during mandatory military service is prohibited.

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