Starting September 7, 2026, the interest rate on the AQYL educational savings deposit at Otbasy Bank will be 13.4 percent per annum, with an effective annual rate (AER) starting from 14.25 percent.
AQYL allows parents to save for a child’s college or university education both in Kazakhstan and abroad. In addition to the bank’s interest, an annual state premium of 5 percent is credited to the deposit, rising to 7 percent for specific priority categories. The savings are protected from seizure and insured by the Kazakhstan Deposit Insurance Fund.
