Bangkok: GHB highlights 5 outstanding loan products to welcome the Year of the Horse, with interest rates starting at just 1.54% per year, covering home purchase, construction, renovation, repair, and refinancing from other financial institutions.
According to Thai News Agency, Dr. Mahatthana Ampornphisit, Managing Director of the Government Housing Bank (GHB), announced the launch of a home loan program designed to improve the quality of life for customers and facilitate access to secure housing. The program offers low-interest loans for various purposes, with initial monthly payments starting at just 3,000 baht. This initiative aims to reduce financial burdens and promote homeownership for all Thais.
The first option, GHB Precious Home Loan, targets individuals with a monthly income of at least 50,000 baht or those seeking a loan amount of 5 million baht or more. It offers an interest rate of 1.79% per year for the first year, gradually increasing over the subsequent years. A special discount is available for members of a specific website, reducing the first-year rate to 1.54%.
The Happy Home Loan caters to those seeking refinancing, building, or renovation options, with a starting interest rate of 1.75% for the first year. It offers a maximum repayment period of 40 years, with applications open until March 2026.
For individuals wishing to build on their own land, the Home Construction Loan on Own Land provides fixed interest rates starting at 1.89% for the first year. This loan option also offers a 40-year repayment period, with the application process open until December 2026.
The Housing Loan for Government Personnel, 2026, is specifically for civil servants and government employees, offering rates starting at 2.00% for the first year. This program allows for various uses, including purchase and renovation, with applications accepted until January 2027.
Lastly, the GHB Home Loan for You 2026 is available for individuals with a monthly income not exceeding 35,000 baht. This loan offers a maximum amount of 3 million baht per individual, with rates starting at 3.00% for the first year. Applications for this loan are open until January 2027.