HIGHLIGHT
Happy
with credit limit of actual expenses spent
Worry - free
with maximum 10 years borrowing period
Convenient
with the choice of guardians or students as applicants for loan service
Worry - free
Loan Terms and Installment period
up to 10 years
INTERESTS & PERIOD
|
Guarantee types |
Interest rate/ year |
|
Saving account as collateral |
Saving account ‘s Interest rate of the account payable by the bank and 2% added on top |
|
Property as collateral |
=> MRR-0.75% |
|
Bondsman |
=> MRR+3.00 % |
| Guarantee types & Interest rate/year |
| Saving account as collateral |
| Saving account ‘s Interest rate of the account payable by the bank and 2% added on top |
| Property as collateral |
| => MRR-0.75% |
| Bondsman |
| => MRR+3.00 % |
Service details
We provide loan for educational expenses for individuals wishing to further study overseas. The expenses may include tuition fee, textbook and study materials, and other relevant expenses.
- The institutes certified by the Office of the Civil Service Commission
- Language course or Intensive Course
- Further study or Extensive course of the student’s occupational field
- Expense for students of American Field Service (AFS)
- Expense for students under projects of Educational centers who are members of TEICA (Thai International Education Consultants Association)
Qualified applicants
- Individuals who plan for study overseas or are studying overseas and have payroll account with Krungthai Bank
- Parents or guardians of the students going for overseas study or currently studying overseas
- Have stable income or own a business
-
Age limitation
- Age of parents or guardians as the loanees when combined with the installment period must not exceed 65 years.
- Join borrower is possible and taken the youngest loanee‘s age as the main person for age limit calculation.
- For educational loan for overseas study, the age of loanee when combined with installment period must not exceed 60 years.
Qualified bondsman
- Being government officers/state enterprise employees/government organization employees with minimum salary of 15,000 baht or
- Being private company employees with minimum salary of 20,000 baht or
- Owning personal business with minimum monthly income of 50,000 baht
- Having no bad financial records or insolvency
Required documents
- A copy of ID card or government officer ID card or state enterprise employee ID card
- A copy of census registration, marriage or divorce certificate of applicants, spouses, or bondsmen (if any)
- A copy of certificate of change of name (if any)
- Salary certificate letter or any financial documents showing reliable income of applicants, spouses (if any), and bondsmen.
- Certificate of student status/transcript/or proof of acceptance from oversea university
- Certification documents from the consular affairs or embassy
- Documents of estimated expense or receipt from the educational institutions
