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Education Loan for Study Abroad

Education Loan for Study Abroad

 

Looking forward to your future by studying oversea with confidence, personal loan for oversea education will support all cost for persons who wish to further study aboard at institution certified by the Office of the Civil Service Commission such as tuition fee, textbook and study materials, health expense and other related expenses.

 

Service Features

We provide loan for educational expenses for individuals who study in the institutes certified by the Office of the Civil Service Commission such as tuition fee, textbook and study materials, health expense including

  • Other related expenses

  • Language course or Intensive Course

  • Expense for students of American Field Service (AFS) under the Ministry of Education with maximum limit amount of 80% of all expenses throughout the program but not exceed 80% of the expenses for each semester

 

Applicants’ Qualifications


Loanees’ Qualifications

  • Being loanee’s parent both student and employees who want to further study

  • Having fixed income or owning personal business

  • Being sui juris and not exceeding 60 years old calculated from loanee’s age and installment period. If there are co-loanees, we will consider on the youngest age criteria

  • Not being in debt or insolvent

 

Bondsmen’ Qualifications

  • Being government officers/state enterprise employees/government organization employees

  • Having minimum salary of 15,000 baht or

  • Being private company employees with minimum salary of 20,000 baht or

  • Owning personal business with minimum monthly income of 50,000 baht

  • Not being in debt or insolvent

 

Service Conditions

Loan Terms and Installment: 10 years Maximum

 

Required documents

  • A copy of ID card or government officer ID card or state enterprise employee ID card

  • A copy of census registration, marriage or divorce certificate of applicants, spouses, or bondsmen (if any)

  • A copy of certificate of change of name (if any)

  • Salary letter or any financial documents showing reliable income of applicants, spouses (if any), or bondsmen

  • Certificate of student status/ transcript/or proof of acceptance from oversea university

  • Certification documents from the consular affairs or embassy

  • Documents of estimated expense or receipt from the educational institutions

 

Interest rate and fee

Interest rate

  • In case of transferring claims of deposit as a security
    Interest rate is charged on deposit interest rate plus 2% annual margin

  • In case of having security
    Interest rate will be charged MRR +1.00% per year

  • In case of having bondsmen
    Interest rate will be charged MRR + 3.00% per year

  • In case of default of payment
    Interest rate will be charged on total outstanding payment with the highest interest rate of the bank

 

For more information, please contact