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Objectives
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Loan for refinance,
Debt resulting from purchase / building of a
residence |
Loan intended
for the purchase or building of a residence |
Loan that uses free of debt
property as a collateral |
Loan payable monthly as
a circulation fund or business opening or multi-purpose
w/o financial collateral |
Loan payable monthly |
Loan payable monthly |
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Maximum
Loan |
BALANCE
TRANSFER
(latest remaining initial fund + 1% interest
per month computed from the interest rate in
the original loan contract + loan request fee
+ appraisal fees)
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100% of
the retail price for a new house that is part
of a project listed in the stock exchange, and
up to 100% of the appraisal value estimated
by the bank for a new house that is now part
of a project that is listed in the stock market,
or a pre-owned house, or building a house |
100% of
the collateral appraisal |
- O/D only not exceeding 60% of the appraised
vale by the bank, not over 5 million THB
- O/D + loan payable monthly not exceeding 100%
of the appraised value by the bank
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- Not exceeding
five times of the revenue (including the salary
or other provable revenue), minimum loan is
100,000 THB; maximum loan is 500,000 THB |
Loan Duration |
Not exceeding
30 years (excepted from empty land, where the
maximum duration is set to 15 years); the loaner
must not exceed 65 years of age upon completion
of the contract
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- O/D revises the renewal yearly
- Maximum loan does not exceed 30 years (excepted
from empty land, maximum is 15 years) loaner must
not exceed 65 years of age upon completion of
the contract |
- Not less than 3 years and not over 7 years;
loaner must not be over 60 years of age upon completion
of the contract |
Interest
Rate |
Special fixed interest
rate as issued by the bank at that given moment;
currently as of the 1st of August 2006) specific
to the collateral as follows:
- single houses, twin houses, townhouses and condominiums
is a fixed rate of 4.75% per year for the first
year, and MLR per year for the remainder of the
contract
- office unit, commercial building, home office,
mini office, office building is charged MLR per
annum
- empty land with high flexibility and complete
infrastructures is charged 4.75% per annum for
the first year and MLR + 2% per annum for the
remainder of the contract
Remark: The special interest rate is submitted
to change without prior notice
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- O/D is charged the MOR per
year
- Loan allowed is charged the special interest
rate as issued by the bank at that given moment
according to the type of the collateral
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Type of
Collateral |
- single houses, twin houses, townhouses
and condominiums
- office unit, commercial building, home office,
mini office, office building
- empty land with high flexibility and complete
infrastructures
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Fees |
*Loan request fees
for each term is 1,000 THB
*Appraisal fee is 2,500 per collateral plus VAT
7%, i.e. 2,675 THB net.
*Legal agreement and/or collateral registration
fee is 0.05% of the loan allowance plus VAT 7%;
the fee will be ranged between 1,070 THB and 3,210
THB
*Compensation fee for total repayment within 3
years from the contract agreement date is 3% of
the loan amount allowed, excepted the O/D that
is renewed on an annual basis
*Site inspection fee is 1,070 THB per inspection
(for house builders)
*O/D attending fee is 2,000 THB per annum (for
O/D according to this loan plan)
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- Loan request fee is 500 THB
per request
- Legal agreement fee is 535 THB per case (VAT
included)
- Excepted from compensation fee for total repayment
within 3 years from the contract agreement date
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