Government Savings Bank issues loans to welcome the new semester.

Bangkok, Government Savings Bank issues loans to welcome the start of the school term. Ease the burden on parents according to government policy. Covers tuition fees, school uniforms and equipment, fixed interest rate of 0.60% per month, installments for 1 year. Mr. Withai Rattanakorn, Director of the Government Savings Bank, revealed that according to the Ministry of Finance by Mr. Pichai Chunhavajira, Deputy Prime Minister. and Minister of Finance Give policy to the Government Savings Bank to issue measures to help relieve the burden on parents who have to prepare their children during the school term. Student parents may have to spend as much as 3,000 - 9,000 baht/person for purchasing school uniforms. Cost of books and school supplies Including tuition fees and course fees, etc. The bank therefore hastened to issue measures. "People's Bank Loan to welcome the start of the school term" to help reduce the burden of expenses on parents who must prepare to provide educational equipment for their children. Cost of uniforms, tuition fees, etc. during the semester The low interest rate is fixed at 0.60 percent per month. The maximum loan amount is not more than 10,000 baht per loan. The installment period is not more than 1 year (12 installments) or can be calculated as an estimated installment payment of 894 baht per month (including principal and interest). Borrow without collateral and there is no guarantor Those interested can apply for a People's Bank loan to welcome the new semester at any Government Savings Bank branch. From 15 May - 31 July 2024. Source: Thai News Agency