GH Bank adds measures 8 for early repayment – interest for 3 months



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HoonSmart.com >> Government Housing Bank has approved measures 8, repayment of principal and interest for 3 months, allowing clients who have registered for aid measures 1-4 and 6, but still are affected by Covid. It cannot be paid in the original conditions. New registration until June 28. Measures 2-6 that have just closed the project have a total of 417,487 clients requesting a loan of 415,472 million baht.

Mr. Chatchai Sirilai Managing Director Government Housing Bank (Or Sor.) Revealed that “O Sor. Help Thais to join the nation” through 7 measures, starting with clients who have been affected by the revenue from the Covid problem -19. Register until April 30, 2020 which is the last day of registration for measures 2 to 6 and found that there are a total of 417,487 loans amounting to 415,472 million baht, with the fifth measure to pay the principal and the interests. The 4-month period has received the most attention, with a total of 225,452 cases with a loan amount of 202.616 million baht. The bank will increase the lodging interest paid to clients at the end of the loan period under the contract for clients who Accept and comply with the terms of the measure.

In addition, the Bank’s Board of Directors approved the preparation of measures 8, suspending the repayment of principal and interest, for a period of 3 months for clients for all purposes of the loan that has already been registered in measures 1, 2 , 3, 4 and 6, but still affected by the income AND having the burden of expenses that are necessary in other areas Causing unable to meet the payments You can change to register in the eighth measure to pay the principal and the payment of interest for a period of 3 months, but must not exceed the period of suspension of the previous measure. When the payment of the principal and the interest are due according to the eighth measure, the installments are paid according to the terms of the normal loan agreement. Regarding the interest that is suspended, clients can pay all the installments within the period of the loan contract.

“Allowing clients to switch to measure 8 is helping clients who are still affected by revenue and have the necessary expenses. For clients who have used the third measure, pay a principal for 6 months and reduce 3.90% interest per year. If you borrow 1 million baht, only pay interest. There will be a fee of 3,400 baht / month. However, after implementing the eighth measure, the loan can be suspended for a period of 3 months, but not after the measure’s original repayment period. This is also not considered a loan default, “Chatchai said.

However, customers can register for the eighth measure through the App: GHB ALL from May 1 to June 28, 2020.

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