KTC to finance purchases at motorcycle auctions

KTC’s president and chief executive Rathian Srimongkol and Suvit Yoadjarust, chairman of Union Auction, have shaken up the personal loans industry with the agreement, which will release money for motorcycle auctions for the first time in Thailand.
Under the agreement, “KTC Proud” cash cardmembers can repay loans in up to 36 installments for as little as Bt406 per month with a fixed interest rate of 0.99 per cent per month (for 6-18 installment months) or 1.29 per cent per month (for 24-36 installment months), with quick and convenient approval.
To apply for the “KTC Proud” loans for motorcycles at Union Auction, simply scan the QR code at www.auct.co.th or call KTC at (02) 123 5000. After approval, an SMS notification of the auction will be sent and the credit line can be used to pay for the desired motorcycle, which can be taken home right away.