Lease financing program on renewal of machine and tractor park within the framework of support of domestic producers of agricultural machinery

Lease financing program on renewal of machine and tractor park within the framework of support of domestic producers of agricultural machinery

Since 2018, "DBK-Leasing" JSC has been the operator of the Lease Financing Program for the renewal of the machinery and tractor fleet as part of the support of domestic agricultural machinery manufacturers. The purpose of the Programme is to support the development of domestic agricultural machinery production and renewal of the critically worn out machine and tractor fleet of the Republic of Kazakhstan by providing leasing financing from "DBK-Leasing" JSC, a subsidiary of "Development Bank of Kazakhstan" JSC.

Financing currency tenge
Grace period for payment of principal and interest is established by the decision of the Authorized Body of the Lessor
Frequency of interest repayment at least 1 (once) per quarter (by decision of the Authorized Body of the Lessor)
frequency of repayment of the principal amount at least once a year (by the decision of the Authorized Body of the Lessor), the first repayment of the principal debt shall be made after the leased asset is transferred into temporary possession and use under the financial leasing agreement
Fees are not charged, except for commissions, fees and / or other payments levied due to violation by the Lessee of the leasing terms
Insurance of the leased item under the CASCO program at the expense of the Lessee
Sublease of leased items for subleasing forbidden
Maximum term of manufacture and delivery of the leased asset 9 months from the date of signing the contract of sale. In case of a bilateral sale and purchase agreement, the term of delivery shall be agreed upon in accordance with its terms and conditions and the additional agreement to the sale and purchase agreement concluded with the Lessee
Additional expenses (service and agency services) the amount of additional service and agency maintenance costs shall be determined independently by the Manufacturer and the Lessee by entering into agency and service contracts. At the same time, the amount of agency services charged annually by the Manufacturer to the Lessee shall not exceed 1% (one percent) of the balance of the value of the leased asset not paid by the Lessor to the Lessor

Leases may include

Combines or tractors of domestic production:

Terms and conditions

We will help you to carry out leasing on favorable terms, apply for a lease.

How do I get a lease?

To get funding, you need to

Step 1

Select equipment

Step 2

Collect and provide documents

Step 3

Sign a lease agreement

Step 4

Contribute advance payment for the equipment

Step 5

Get an equipment
Send a request for consultation

FAQ's

1What minimum amount can be received within leasing financing in JSC DBK-Leasing?

The minimum cost of leasing objects has to be following:

the minimum cost of leasing financing for national buses companies is — 100 million tenge.

2What interest rate is stipulated for leasing financing in “DBK-Leasing” JSC?

The interest rates on financial leasing are as follows:

3What is an expiration of leasing in "DBK-Leasing" JSC?

In accordance with the Law of the Republic of Kazakhstan dated July 5, 2000 No. 78-II “On Financial Leasing”, the minimum lease term is 37 months from the date of transfer of the leasing objects to temporary possession and use to the Lessee.

The maximum term is depending on the results of the project expertise (including the business plan for the project) and is not more than 20 years.

It should be noted that according to the following programs the term of leasing is provided following:

  • within “National automakers Support” program- from 3 to 5 years;
  • within on leasing financing of national buses - from 3 to 5 years;
  • within on leasing financing of national tractors and combines from 3 to 7 years.
4What documents must be submitted to apply for leasing financing in “DBK-Leasing” JSC?

According to internal procedures of DBK-Leasing JSC, project expertise is conducted in 2 stages:

  • 1 stage — determination of indicative conditions of financing for the project. The list of documents is in the section "Information on leasing";;
  • 2 stage — the main examination on the project. The list of documents is in the section "Information on Leasing".
5Who can be a Lessee?

A lessee can be a legal entity that accepts a leased asset for business purposes with a leasing agreement.

The Lessee can act within the following programes:

  • National automakers support — any legal entities and individuals;
  • leasing financing of national buses — any legal entities and individuals, applying the generally established procedure for taxation;
  • leasing financing of national tractors and combines — any legal entities, farmers and farm enterprises.
6What projects does “DBK-Leasing” JSC not finance?

“DBK-Leasing” JSC is prohibited to finance projects in the following sectors:

  • weapons production;
  • alcohol production;
  • production of drugs, narcotic drugs and psychotropic substances;
  • tobacco products manufacture.
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