Short answer

• Tenge (KZT) savings / time-deposit rates in Kazakhstan in 2025 are generally high versus many advanced economies — most retail offers fall roughly in the 13–17% p.a. range, with some short-term or promotional products paying up to ~17–18% (depending on term, replenishment and product). (theglobaleconomy.com, forte.kz, bcc.kz)

Key points and examples

• Policy context: the National Bank of Kazakhstan raised its base rate to 16.5% (corridor ±1 pp) in March 2025 — that higher policy rate is a main reason deposit rates are elevated. (nationalbank.kz)
• Market-average: the average bank deposit interest rate reported for households was about 14% (April 2025) and monthly/short-term weighted rates for 1–6 months were reported up to the mid-to-high teens. This gives a useful benchmark for what many banks pay. (theglobaleconomy.com, kz.kursiv.media)
• Bank examples (representative, not exhaustive):
  • Kaspi: public information showed Kaspi deposit products at around 14–16.7% for various short-term/accumulative products in spring 2025 (Kaspi announced increases to ~15% effective April 2025; some “cumulative” offers showed higher nominal/effective rates for 3–6 month options). (forbes.kz, guide.kaspi.kz)
  • ForteBank: announced higher retail deposit rates in 2025 (examples include sberegatel’nyj offers ~15.8–17% for short terms and effective yields reported around 15.4–17% depending on product). (forte.kz)
  • Bank CenterCredit: retail savings/term products advertised nominal/effective ranges up to roughly 16–17.8% (shorter-term/high-rate offers available via the bank’s “Rakhmet” / campaign products). (bcc.kz)
  • Halyk and other large banks: typical KZT time/savings deposits around ~13–14% for many standard 3–12 month retail offers (rates vary by amount and channel). Foreign‑currency retail rates (USD/EUR) are very low (near 0–1%). (halykbank.kz, nurbank.kz)

What affects the rate you’ll get

• Term (3, 6, 12 months etc.), whether the product allows replenishment or partial withdrawal (savings deposits without withdrawal usually pay more), channel (mobile/app promotions can be better), minimum balance and whether the bank is running a limited promotion. Effective Annual Rate / GESV (yearly effective yield) is the best number to compare. (kdif.kz, bcc.kz)

Deposit protection

• Deposits are covered by the Kazakhstan deposit guarantee system (KDIF). Coverage limits and guarantees depend on deposit type; KDIF’s guidance (savings deposits) shows a stated maximum guarantee amount (see KDIF for the exact current limits and rules before placing very large amounts). (kdif.kz, egov.kz)

Practical tip

• Rates move frequently with monetary policy and competition between banks. If you need a single current comparison (specific banks, exact product names, or a best-rate search today), check bank websites or the KDIF published tables for “maximum recommended rates” and each bank’s tariff pages — or I can pull current live offers for the banks you care about.

Sources (selected)

• National Bank of Kazakhstan — base rate decision (March 7, 2025). (nationalbank.kz)
• National-average / deposit-rate series (data through Apr 2025). (theglobaleconomy.com)
• Kaspi product / press announcements (April 2025). (forbes.kz, guide.kaspi.kz)
• ForteBank deposit announcements (Mar–Jun 2025). (forte.kz)
• Bank CenterCredit deposit product pages (Mar 2025). (bcc.kz)
• Kazakhstan Deposit Insurance Fund (KDIF) — deposit types, rules and guarantee information. (kdif.kz)

If you want, tell me which bank(s) or term(s) (e.g., 3‑month KZT savings, 12‑month term deposit, or USD deposits) you care about and I’ll fetch the current published rates for those specific products.