KBank adjusts relief measures for clients
Kasikornbank is updating its relief measures for clients, as the floods are sending widespread impacts.
Mortgage installment could be cut by 40 per cent for a year. The bank also considers 6-month moratorium on principal repayment. Loans for house repairs are also on offer, with zero rate for six months.
Credit card and personal loan debtors will enjoy a 50 per cent cut in interest. Hire-purchase clients will receive a 50 per cent cut in monthly installment for a year and their repayment period could be extended upto 7 years.
A 6-month principal moratorium is on offer for corporate borrowers, renewable for another six months. For any needing cash for repair or damaged goods, they will be offered a three-year loan coming with a 6-month grace period.
Clients in affected areas can use services at other centres while cash management service clients can inform the bank of any emergency service needed.
"We're closely monitoring the situation and stand ready to lend full supports to all clients," said Krisada Lamsam, senior executive vice president fo the bank.
Individual clients can file complaints at K-Contact Centre at 0 2888 8888, while corporate clients contact K-Biz Contact Centre at 0 2888 8822.
