Government Savings Bank Offers Open Conditions for Loans for Small Self-Employed People: Details and Qualifications

Open conditions for “loans for small self-employed people” The Government Savings Bank offers a loan of 100,000, installments for 8 years. Check the details. Loan application conditions and qualifications here.

On January 20, 2024, reporters reported that the Government Savings Bank provides loans to small self-employed people. To improve liquidity in your career, the maximum credit limit is 100,000 baht. No collateral is required. Pay in installments for a maximum of 96 installments or 8 years with a low interest rate of just 1% per month (Fixed Rate) The details of the conditions are as follows.

Lender qualifications

1. Self-employed people or small entrepreneurs, such as motorbike drivers for hire. taxi driver Public van drivers, traders, or online product distributors, etc.

2. Individuals of Thai nationality, aged 20 and over. And when combining the borrower’s age with the loan repayment period, it should not exceed 70 years.

3. Being a residential or established organisation. can connect

Application documents

personal documents

-Copy of the identity card of the borrower/spouse

-Copy of borrower’s/spouse’s house registration

-Copy of the borrower’s/spouse’s name-surname certificate (if any)

-Copy of marriage certificate / divorce certificate / death certificate of spouse (if any)

financial documents

-As indicated by the bank You can ask for more information. and supporting documents for applying for loan services Available at Government Savings Bank branches that you apply to use the service

Other conditions are as specified by the bank.

The purpose of the loan

-For funding or improving liquidity in your career

Loan amount

-Give a loan according to need and ability to repay debt, not exceeding 100,000 baht per person.

Collateral loan

-Small Industry Credit Guarantee Corporation (TCG) as guaranteed by the bank. Can guarantee no more than 100,000 baht, with the bank paying the fee for the guarantee obligation to the borrower as specified by TCG.

Loan repayment period

-Maximum period not exceeding 8 years (96 installments)

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