|
Types |
Credit limit |
Yearly interest rate (Based on collateral) |
|
Actual expenses |
Saving accounts as collateral : Interest rate + 2% on top |
|
International and english program from kindergarten to high school level |
Not exceeding 300,000 baht |
| Credit limit | Yearly interest rate (Based on collateral) |
|
- Bachelor Degree |
|
| Actual expenses |
Saving accounts as collateral: Interest rate + 2% on top Property as collateral : MRR-0.75% Bondsman : MRR+3% |
| International and english program from kindergarten to high school level | |
| Not exceeding 300,000 baht |
Saving accounts as collateral: Interest rate + 2% on top Property as collateral : MRR-0.75% Bondsman : MRR+3% |
Service details
Local education loan covers tuition fee, textbook and educational equipment for different educational levels in the institutions which the government approved.
Loanees’ Qualifications
- Being loanee’s parents / guardians / relatives of the students or employees who would like to further study
- Having fixed income or owning personal business
- Being sui juris and age of 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.
- Having no bad financial records or insolvency.
Bondsmen’s Qualifications
- Being government officers / state enterprise employees / state organization employees with minimum salary of 15,000 baht.
- Being private company employees with minimum salary of 20,000 baht
- Owning personal business with monthly income of not less than 50,000 baht
- Having no bad financial records or insolvency.
Required Documents
- A copy of ID card, employee card of government officer or state organization card
- A copy of census registration, marriage certificate, divorce certificate of loanees, bondsmen (If any) and spouse
- A copy of certificate of change of name and / or surname (if any)
- Income certificate or other documents showing reliable income of loanee, spouse (if any) and bondsmen
- Student certificate / Educational certificate. Trainee and/or other university’s acceptance letters
- Documents provided estimated study cost or study fee invoice from educational institutions
Terms for giving money for loanees
- Money to be given for actual expenses spent on each particular semester
