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LOAN ISSUED (Tables)
 9 Months Ended
Dec. 31, 2024
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans issued as of December 31, 2024, consisted of the following:
Amount OutstandingDue DatesAverage Interest Rate Fair Value of
Collateral		Loan Currency
 
Mortgage loans$809,608  January 2025 - December 2049 11.1%$809,608  KZT
Uncollateralized bank customer loans223,646  January 2025 - December 2044 27.7%—  KZT
Collateralized bank customer loans170,574  January 2025 - July 2043 16.0%125,656  KZT
Car loans164,251  January 2025 - April 2032 24.1%163,375  KZT
Right of claim for purchased retail loans135,242  January 2025 - February 2030 15.0%135,242  KZT
Subordinated loan6,163 December 20253.0%—  USD
Other1,372 January 2025 - September 2029
18.0%/16.5%
27  KZT
Allowance for loans issued(56,597)
Total loans issued$1,454,259 
Loans issued as of March 31, 2024, consisted of the following:
Amount OutstandingDue DatesAverage Interest Rate Fair Value of
Collateral		Loan Currency
 
Mortgage loans$741,312 April, 2024 - March, 204910.3%$740,462 KZT
Car loans262,708 April, 2024 - March, 203123.9%259,755 KZT
Uncollateralized bank customer loans245,188 April, 2024 - March, 204427.4%— KZT
Right of claim for purchased retail loans146,152 April, 2024 - March, 202915.0%146,152 KZT
Collateralized bank customer loans22,299 June, 2024 - July, 204319.1%22,270 KZT
Subordinated loan5,037 December, 20253.0%— USD
Other2,638 April, 2024 - January, 2029
18.6%/15.0%/2.5%
18 
KZT/USD/EUR
Allowance for loans issued(43,619)
Total loans issued$1,381,715 
Financing Receivable Credit Quality Indicators
The table below presents the Group's loan portfolio by credit quality classification and origination year as of December 31, 2024. Current vintage disclosure is the requirement due to first adoption of ASC 326.
Term Loans by Origination Fiscal Year
20252024202320222021PriorRevolving loansTotal
Mortgage loans$228,661 $185,989 $364,422 $30,536 $— $— $— $809,608 
that are not credit impaired228,546 184,058 362,030 29,928 — — — 804,562 
with significant increase in credit risk115 897 1,200 276 — — — 2,488 
that are credit impaired— 1,034 1,192 332 — — — 2,558 
Car loans2,778 123,984 37,489 — — — — 164,251 
that are not credit impaired2,778 119,315 29,947 — — — — 152,040 
with significant increase in credit risk— 1,271 569 — — — — 1,840 
that are credit impaired— 3,398 6,973 — — — — 10,371 
Uncollateralized bank customer loans77,127 126,817 19,702 — — — — 223,646 
that are not credit impaired76,217 113,674 17,277 — — — — 207,168 
with significant increase in credit risk488 4,098 666 — — — — 5,252 
that are credit impaired422 9,045 1,759 — — — — 11,226 
Right of claim for purchased retail loans92,412 40,147 2,667 16 — — — 135,242 
that are not credit impaired92,412 40,147 2,667 16 — — — 135,242 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — — — — — — — 
Collateralized bank customer loans161,626 8,793 155 — — — — 170,574 
that are not credit impaired161,591 8,627 155 — — — — 170,373 
with significant increase in credit risk35 47 — — — — — 82 
that are credit impaired— 119 — — — — — 119 
Subordinated loan— — 6,163 — — — — 6,163 
that are not credit impaired— — 6,163 — — — — 6,163 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — — — — — — — 
Other— 1,193 129 50 — — — 1,372 
that are not credit impaired— 1,185 129 50 — — — 1,364 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— 8 — — — — — 8 
Total$562,604 $486,923 $430,727 $30,602 $— $— $— $1,510,856 
The table below presents the Group's loan portfolio by credit quality classification as of March 31, 2024.
Term Loans by Origination Fiscal Year
20242023202220212020PriorRevolving loansTotal
Mortgage loans$241,848 $458,401 $41,063 $— $— $— $— $741,312 
that are not credit impaired240,974 454,933 40,784 — — — — 736,691 
with significant increase in credit risk676 2,415 111 — — — — 3,202 
that are credit impaired198 1,053 168 — — — — 1,419 
Car loans196,305 66,403 — — — — — 262,708 
that are not credit impaired193,302 55,427 — — — — — 248,729 
with significant increase in credit risk1,590 2,232 — — — — — 3,822 
that are credit impaired1,413 8,744 — — — — — 10,157 
Uncollateralized bank customer loans210,612 34,568 8 — — — — 245,188 
that are not credit impaired200,211 30,337 — — — — — 230,548 
with significant increase in credit risk4,715 1,072 — — — — — 5,787 
that are credit impaired5,686 3,159 8 — — — — 8,853 
Right of claim for purchased retail loans130,291 15,694 167 — — — — 146,152 
that are not credit impaired130,291 15,694 167 — — — — 146,152 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — — — — — — — 
Collateralized bank customer loans21,972 327 — — — — — 22,299 
that are not credit impaired21,796 327 — — — — — 22,123 
with significant increase in credit risk89 — — — — — — 89 
that are credit impaired87 — — — — — — 87 
Subordinated loan— 5,037 — — — — — 5,037 
that are not credit impaired— 5,037 — — — — — 5,037 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — — — — — — — 
Other2,404 165 69 — — — — 2,638 
that are not credit impaired2,395 165 69 — — — — 2,629 
with significant increase in credit risk— — — — — — — — 
that are credit impaired9 — — — — — — 9 
Total$803,432 $580,595 $41,307 $— $— $— $— $1,425,334 
Financing Receivable, Past Due
Aging analysis of past due loans as of December 31, 2024 and March 31, 2024, is as follows:
December 31, 2024
Loans 30-59 Days past due Loans 60-89 days past due Loans 90 days or more past due and still accruingCurrent loansTotal
Mortgage loans$1,515 $973 $2,558 $804,562 $809,608 
Car loans1,151 689 10,371 152,040 164,251 
Uncollateralized bank customer loans2,802 2,450 11,226 207,168 223,646 
Right of claim for purchased retail loans— — — 135,242 135,242 
Collateralized bank customer loans50 32 119 170,373 170,574 
Subordinated loan— — — 6,163 6,163 
Other— — 8 1,364 1,372 
Total$5,518 $4,144 $24,282 $1,476,912 $1,510,856 
March 31, 2024
Loans 30-59 Days past due Loans 60-89 days past due Loans 90 days or more past due and still accruingCurrent loansTotal
Mortgage loans$2,133 $1,069 $1,419 $736,691 $741,312 
Car loans2,167 1,655 10,157 248,729 262,708 
Uncollateralized bank customer loans3,576 2,211 8,853 230,548 245,188 
Right of claim for purchased retail loans— — — 146,152 146,152 
Collateralized bank customer loans— 89 87 22,123 22,299 
Subordinated loan— — — 5,037 5,037 
Other— — 9 2,629 2,638 
Total$7,876 $5,024 $20,525 $1,391,909 $1,425,334 
Financing Receivable, Allowance for Credit Loss
The activity in the allowance for credit losses for the three months ended December 31, 2024 and 2023 is summarized in the following tables.
Allowance for credit losses
Mortgage loanUncollateralized bank customer loansCollateralized bank customer loansCar loansRight of claim for purchased retail loansOtherTotal
March 31, 2024
$(3,033)$(19,636)$(80)$(14,262)$(6,577)$(31)$(43,619)
Charges(6,258)(28,099)(3,437)(4,086)(9,335)(22)(51,237)
Recoveries1,089 5,257 53 5,506 5,216 — 17,121 
Write off— 12,838 4 2,713 — 32 15,587 
Forex560 2,852 153 1,927 59 — 5,551 
December 31, 2024
$(7,642)$(26,788)$(3,307)$(8,202)$(10,637)$(21)$(56,597)
Allowance for credit losses
Mortgage loanUncollateralized bank customer loansCollateralized bank customer loansCar loansRight of claim for purchased retail loansOtherTotal
March 31, 2023
$(554)$(233)$— $(758)$(1,247)$— $(2,792)
Adjustment to allowance for adoption of ASU 2016-13(2,216)(7,436)(35)(6,462)(9,046)— (25,195)
Charges(1,760)(16,846)(84)(13,013)(10,493)(11,008)(53,204)
Recoveries1,782 9,826 58 7,096 15,617 — 34,379 
Forex17 16 1 17 87 — 138 
December 31, 2023
$(2,731)$(14,673)$(60)$(13,120)$(5,082)$(11,008)$(46,674)