On December 22, 2022, Mr. Issara Wongrung, Chief Executive Officer of Mee Ting Ngern Co., Ltd., said that the Government Savings Bank has made a joint venture between Thip Exponential Co., Ltd. and the Bangchak Corporation Public Company Limited group of companies to establish The company has limited funds with a registered capital of 1,000 million baht in the middle of the year 2022, with Government Savings Bank holding 49% of the shares, Dhipaya Exponential holding 31% and Bangchak 29% shareholding
for company have money Co., Ltd. is ready to provide land loans. by providing emergency liquidity loans to people and entrepreneurs in times of trouble It is necessary to use cash in an emergency. Or add working capital to businesses that are looking for money to add liquidity. Or want to expand the business, including refinancing existing loans to relieve interest burden The details of land loans are as follows.
– receivemortgage and sell consignment, refinance, can borrow both individuals, loan amount 300,000 baht to 10 million baht
– Juristic persons, loan amounts ranging from 300,000 baht to 50 million baht, giving a maximum loan amount of 70% of the government land appraisal price.
– Interest rate for the first year is 6.99-8.99% per year, the second year onwards MLR+ maximum not exceeding 2.85% per year (currently MLR = 6.150% per year)
– The maximum installment period is not more than 5 years with a reduced interest rate. with a grace period of 1 year
– No credit bureau checks not checking income and does not require a guarantor
However, we set a target for 2023, expecting to have a loan amount of 10,000 million baht, able to help regarding 4,000-5,000 people and entrepreneurs.
In the past, the service has been piloted in 5 provinces, namely Bangkok, Nonthaburi, Pathum Thani, Samut Sakhon and Samut Prakan. And prepare to provide full service from January 2023 with a plan to expand the service to all major cities in the region in early 2023 and throughout the country from mid-2023 onwards, with branches of the Government Savings Bank as the main service provider.
