More than half of this year’s new housing loan target of 215 billion baht will be provided with low interest rates to help low-income earners to purchase their own homes, says GH Bank.
State-owned GH Bank plans to offer low-interest housing loans to low-income earners under the “Social Solution” project, said GH Bank president Chatchai Sirilai.
“The total credit line of the loan programme tallies 140 billion baht from the bank’s target of total new housing loans valued at 215 billion baht,” said Mr Chatchai.
The first batch of low-interest housing loans has a total credit line of 70 billion baht. Interest rates applied for the first three years of loan repayment are capped at 3.05%, 2.75% and 4%, respectively.
This loan batch is aimed at catering to three main client groups. The first group comprises civil servants and university staff. The second and third groups…
