Krungsri launches new loan product
Krungsri Group unveils the innovative Krungsri Personal Credit product, offering up to Bt1 million without collateral or guarantor required.
Sant Thaosuwan, senior vice president of personal loan, Bank of Ayudhya, said that the Krungsri Personal Credit product focuses on customers with more than Bt40,000 in monthly salary. They can obtain loans between Bt100,000 to Bt1 million, or five times their income. Approved customers can get their loans on the date of approval.
They will be charged 16.99 per cent per annum based on outstanding principal amount. The product features payment reduction in both principals and interest, which enables customers to manage their expenses and repayment on their own. Repayment may be 3 per cent or Bt1,000 at a minimum.
“Krungsri Personal Credit represents our attempt to satisfy diverse customers’ needs in a comprehensive way. This product fulfills the needs of high-income customers that desire convenience and speed in making cash work for them," Sant said.
