From the Cabinet resolution on January 4, 2022, approved Bank for Agriculture and Agricultural Cooperatives or “BAAC” Extend the project implementation period BAAC loan to fight the dangers of COVID-19 from the original end of the project by extending the period until September 30, 2022 to help and lighten the burden for farmers Agricultural workers affected by the epidemic situation of COVID-19 To have liquidity in everyday spending and preventing the incurrence of informal debt that charged an unfair interest rate
“BAAC” therefore sent “credit program BAAC fights against COVID-19 to increase the liquidity of living for the people by releasing a loan limit of not more than 10,000 baht per person, free of principal and interest for the first 6 installments and an interest rate of 0.35% per month for people interested in borrowing in the project “Credit to fight COVID-19” Check the channels and conditions as follows:
Conditions – Qualifications Basic information on the COVID-19 Disaster Loan Scheme
1. Be a farmer or an employee in the agricultural sector that has been affected They can register for assistance through the BAAC, both existing and non-customers (20-70 years). In the event that the general public, contact the Government Savings Bank for services.
2. After filling out the registration information The bank will verify the information. and notify the appointment to use the service at the specified branch from the registration except for existing customers Must use the service at the branch where they are affiliated with the customer
3. Credit limit of not more than 10,000 baht, interest rate 0.35% per month (Flat rate) without principal and interest payments for the first 6 months, starting from the 7th month onwards. Monthly, quarterly, three-monthly, or quarterly, six-monthly, according to the source of income, with a repayment period of not more than 30 months from the loan date.
4. It is a loan without collateral.
5. End of loan payment by 30 September 2022
6. Interested persons who meet the criteria can register through the system. LINE : @BAACFamily without having to contact the bank (BAAC allows farmers to submit their wishes through Line: @BAACFamily
Yes, from March 15, 2022 onwards, 24 hours a day) and once registered, wait for an appointment SMS from the next branch.
The people who are interested can register “Credit to fight COVID-19” via line From today – 30 September 2022