Bank deals lure property investors to Money Expo
INVESTORS can enjoy discounted financial packages from banks, finance companies, insurers and asset management firms at Money Expo Year-End 2017.
The financial services companies are offering promotions that range from an interest-free first year on home loans to free tour packages to France.
The event is being held at Bangkok International Trade & Exhibition Centre Bangna until Sunday.
Government Savings Bank (GSB) is offering a home loan with no interest for the first year and a chance to win gold as a prize. A GSB loan for small and medium-sized enterprises (SMEs) start-ups has a 3.99 per cent interest rate for a maximum Bt10 million loan with instalments over 10 years.
The GSB SMEs 1 Account product offers 1 per cent interest rate for a maximum loan of Bt100 million. Also for SMEs, it offers 4 per cent interest per year with a maximum loan of Bt100 million. For seniors, 24-month savings deposits come with a maximum 3 per cent interest rate.
Bank of Ayudhya has a Krungsri home loan with 0.5 per cent interest for six months and a 50 per cent discount for the valuation estimate fee.
Kasikornbank (KBank) offers 2.34 per cent interest rate per day for its K-Personal Loan and K-Express Cash offers zero interest rate/year for 30 days. Taweesup Deposit offers a tax-free 2.25 per cent interest/year.
Siam Commercial Bank (SCB) has a home loan and refinance loan offering 0.99 per cent interest/year for a period of one year, a free mortgage fee and instalments for up to 30 years.
Its My Home My Cash Loan offers zero interest for three months, a maximum Bt10 million loan and up to 30 years of instalments with a free mortgage fee. Speedy Cash Loan offers zero interest for three payment cycles. SCB Life offers zero interest for three-month instalments. Monthly instalments can be paid with zero interest for a period of six months for an insurance programme.
Krungthai Bank’s housing loan offers 0.6 per cent interest/year for a period of six months. KTB Zero Tax deposit offers the highest rate at 1.05 per cent interest/year, tax free. SME Loan offers a 6 per cent interest rate and principle free for 12 months.
GHB’s home loan offers a 2.9 per cent interest rate per annum for three years with free down payment fee, asset value estimation fee and mortgage registration fee and up to 40-year instalments. NPA asset offers up to 50 per cent discount with the lowest price at Bt74,000 and zero interest/year for four years and free asset management. Instalment can be paid for up to 40 years.
Thai Life Insurance offers free a tour package to Switzerland and France for customers when buying an insurance package with a premium of at least Bt1 million. It also offers a free two-baht gold bar when buying a minimum of Bt300,000 insurance premium package.
The is offering a free one-baht gold bar for those buying a minimum of Bt200,000 insurance premium package and a free 3.8g gold necklace when buying at least Bt100,000 insurance premium package.
Santi Viriyarungsrit, Money Expo president, said the expo provided a good opportunity for investors with the special packages on offer.
They can also take advantage of year-end investments such as LMF/RMF that can serve not only as investments but as a s tax redemption for up to Bt500,000 each. Buyers of insurance buyers can also save, with up to Bt100,000 from tax redemptions when buying life or health insurance packages.
