Key Term and Conditions
Loan objective
- Loan to buy apartment
- Refinancing
- Working capital for business expansion
Term and amount
- Providing construction costs up to 100%*
Interest rate
* Based on actual construction cost but not over 70% of appraisal value of the property.
Service Information
With a special fixed rate offer throughout the contract period from Muang Thai Life Assurance will help you reduce interest rate risk in the event that interest rates fluctuate according to economic conditions. Enabling you to control financial costs and be able to plan your business management better.
Document required for consideration
Copy of identification card of applicant / spouse / guarantor
Copy of applicant's name-surname change certificate
Record business income - expenditure for the past 1 year
Proof of income tax
Statement dating back 6-12 months
Certificate of credit bureau
Financial statements for the past 3 years
Copy of commercial registration or trade registration (if any)
Construction contract / BOQ (if any)
Copy of purchase and sale agreement Or deposit contract (if any)
Copy of title deed, collateral / location map and construction permit
Copy of loan agreement from the original financial institution (in case of Re-Finance)
Copy of mortgage contract (in case of Re-Finance)
Copy of receipt for loan repayment for the past 1 year (in case of Re-Finance)
Installment Table
| Credit Limit | Recovery Period (Years) | ||||
|---|---|---|---|---|---|
| 5 | 7 | 10 | 12 | 15 | |
| 5,000,000 | 97,000 | 74,000 | 56,000 | 49,000 | 43,000 |
| 10,000,000 | 194,000 | 147,000 | 112,000 | 98,000 | 85,000 |
| 15,000,000 | 290,000 | 220,000 | 167,000 | 147,000 | 127,000 |
| 20,000,000 | 387,000 | 293,000 | 223,000 | 196,000 | 169,000 |
| 25,000,000 | 484,000 | 366,000 | 278,000 | 244,000 | 211,000 |
| 30,000,000 | 580,000 | 439,000 | 334,000 | 293,000 | 254,000 |
| 50,000,000 | 967,000 | 731,000 | 556,000 | 488,000 | 422,000 |
| 75,000,000 | 1,450,000 | 1,096,000 | 833,000 | 732,000 | 633,000 |
| 100,000,000 | 1,940,000 | 1,461,000 | 1,111,000 | 976,000 | 844,000 |
Contact for loan requests / more information
Muang Thai Life Assurance Public Company Limited
at the head office credit management department Credit Marketing Team
Tel : 02-274-9400 ext. 2207 and 4078
E-mail address : [email protected]