Thailand Recorder

Latest News From Thailand

General

GH Bank increases Suksabai credit limit to 9 billion baht

Bangkok: GH Bank increases the credit limit for "GH Bank Suksabai House 2023" to 9,000 million baht after customers applied for loans of more than 6,600 million baht, submitting applications within 28 June 2024. Mr. Kamonpop Weerapala, Managing Director The Government Housing Bank (GH Bank) revealed that the 'GH Bank Suksabai House Project 2023' will help reduce the cost of living for public customers by making installment payments at an appropriate level. After customers applied for loans totaling more than 6,600 million baht, the ratio was adjusted to increase the credit limit. Low interest rate loans for current GH Bank customers who wish to change the loan interest rate to 9,000 million baht from the original 5,000 million baht in order to increase the opportunity for customers interested in receiving such loans. GH Bank Suksabai Home Project 2023 consists of 1. Low interest rate loans for current GH Bank customers who wish to change their loan interest rates. For those who have made loan repayments wit h the bank for not less than 3 years from the date of the first contract. and there are no outstanding debts, the credit limit is 9,000 million baht, the interest rate for years 1-2 is equal to MRR-2.00% per year or 4.90% per year (currently the MRR interest rate of GH Bank is 6.90% per year), the 3rd year is equal to MRR -1.00% per year or 5.90% per year and the 4th year onwards In the case of welfare customers Interest rate MRR-1.00% per year, retail customers Interest rate MRR-0.50% per year and purchasing equipment/paying off debt is equal to MRR 2. Low interest rate loans for new borrowers. who want to refinance their home or apartments (condominiums) from other financial institutions For those who want a maximum loan amount per person per collateral not exceeding 5 million baht, the credit limit is 1,000 million baht, with a fixed interest rate for 3 years. Year 1 is equal to 3.75% per year. Year 2 is equal to 4.00% per year. Year 3 equal to 4.25% per year, year 4-5 equal to MRR-2.00% per year or 4.90% per year, years 6-7 equal to MRR-1.50% per year or 5.40% per year and year 8 onwards in the case of welfare customers Interest rate MRR-1.50% per year, retail customers Interest rate MRR-0.50% per year and in the case of debt repayment loan MRR interest rate for a loan of 1 million baht, installment payments starting at just Only 4,400 baht/month, special! Waiver of collateral appraisal fees and mortgage registration fees. For those interested, you can submit a request/loan application. Available from today onwards. and complete the legal act by June 28, 2024 at bank branches nationwide. Ask for more details at All GH Bank branches nationwide, GH Bank Call Center, Tel. 0-2645-9000 or Facebook Fanpage, Government Housing Bank. And follow the bank's news at Mobile Application: GHB ALLGEN and www.ghbank.co. Source: Thai News Agency