Kazakhstan Statutory default penalty (законная неустойка, ГК РК ст. 353)
Kazakhstan Statutory default penalty (законная неустойка, ГК РК ст. 353) is 16.25 percent, in force since 4 Sep 2026, cited to NBK states official refinancing rate equals the base rate. It was 16.75 percent before that. Computed from another series we hold; last checked on 8 Oct 2026.
Official source: NBK states official refinancing rate equals the base rate derived · Last checked 2026-10-08 · source fingerprint
Kazakhstan's statutory penalty for the unlawful use of another's money: the National Bank of Kazakhstan base rate itself, with no added margin, under Article 353 of the Civil Code. Derived live from this API's KZ policy-rate series.
Compare statutory interest rate across all 28 Asian countries →
| Current value | 16.25 percent |
|---|---|
| In force from | 2026-09-04 |
| Official source | NBK states official refinancing rate equals the base rate (Board resolution No — Комитет по денежно-кредитной политике Национального Банка Республики Казахстан принял решение установить базовую ставку на уровне 16,25% годовых с коридором +/- 1 п.п. |
| Last verified | 2026-10-08 |
| Verification | derived — Computed from another series we hold, not read from any document. |
| Provenance | source fingerprint |
What this value means
NBK states official refinancing rate equals the base rate (Board resolution No.30 of 24 Feb 2017; 2021 law replaced the refinancing-rate term). Latest decision 4 Sep 2026.
Earlier values
| From | Value | Source |
|---|---|---|
| 2026-07-24 | 16.75 | NBK states official refinancing rate equals the base rate… |
| 2026-06-05 | 17 | NBK states official refinancing rate equals the base rate… |
| 2025-10-10 | 18 | NBK states official refinancing rate equals the base rate… |
| 2025-03-07 | 16.5 | NBK states official refinancing rate equals the base rate… |
Get it programmatically
curl https://asiaref.dev/v1/kz/statutory-interest
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/kz/statutory-interest/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/kz/statutory-interestOther Kazakhstan series: NBK base rate (базовая ставка) · VAT standard rate (НДС) · VAT registration threshold · Minimum monthly wage (МЗП) · Public holidays · CPI inflation (year-on-year) · Corporate income tax standard rate (КПН) · Withholding tax rates · Personal income tax rates (ИПН) · Statutory social-insurance contributions · NBK official exchange rates
The same figure elsewhere: Kuwait · Malaysia · Nepal · Oman · Pakistan · all 28