Home Business BAAC. Extending debt break – reducing installment for customers affected by Covid 19 until the end of 2021

BAAC. Extending debt break – reducing installment for customers affected by Covid 19 until the end of 2021

by news dir

debt relief — Government Housing Bank or GH Bank revealed that according to the Bank’s assistance to customers affected by the income from the Covid-19 epidemic according to government policy by the Ministry of Finance continuously from 2020 to the present through various measures to alleviate the cost burden for customers who are still affected by the income from Covid-19

BAAC has extended the period of assistance to existing customers. which is in the process of implementing the measures in the “GOE Project: Unite Thailand to Build the Nation” until December 31, 2564 with details of measures that extend the period of assistance, including 8 measures, consisting of

Measures 9, 10, 11 and 11 New Entry: Divide the installment payment (principal cut, interest cut) to 25% or 50% or 75% of the current installment payment. All 4 measures cover customers with normal account status. NPL status and NPL status debtors that are in the process of debt restructuring And must be a person affected by occupation or doing business or trade due to COVID-19 and unable to pay installments to the bank according to the loan agreement.

Measure 13 : Suspension of principal payment and pay only monthly interest For customers with normal account status (not NPL, not in legal process and is not in the process of making a reconciliation agreement) and must be a person who has been affected by their occupation or doing business or trade due to COVID-19 and is unable to pay installments to the bank according to the loan agreement

Measure 14 : Suspension of principal payment and pay only monthly interest and reduce interest to 3.90% per annum for debtors with NPL status and NPL debtors that are in the process of debt restructuring. And must be a person affected by occupation or doing business or trade due to COVID-19 and unable to pay installments to the bank according to the debt restructuring agreement or according to the judgment

Measure 15: Suspension of principal payment and interest payment suspension For customers with normal account status Not under compounding or legal status

Measure 16: Suspension of principal payment and interest payment suspension For debtors with NPL status (overdue payments for more than 3 consecutive months) or in the process of debt restructuring

However, existing customers who are in the 8 measures above and want to extend the assistance period until December 31, 2021 can register to request via Application: GHB ALL or GHB Buddy on the Application Line along with uploading evidence confirming that the result has been received. impact on income for the bank to consider From now until October 29, 2021, if customers do not have a smartphone, you can fill out the information to request assistance in accordance with the measures at www.ghbank.co.th For more information or to keep up to date with the bank’s news, please contact the Customer Relations Center (Call Center) at 0-2645-9000 or www.ghbank.co.th, Facebook Fanpage Government Housing Bank and Application: GHB ALL

Thank you for pictures and information from Government Housing Bank

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