Bangkok: Kasikorn Bank has announced a series of relief measures aimed at supporting individuals and businesses affected by the recent earthquake. These initiatives include deferment options for home loans, car loans, and credit card payments, as well as additional financial aid for repairing damaged properties, all designed to provide immediate financial relief to those impacted.
According to Thai News Agency, Kasikorn Bank is deeply concerned about its customers who have suffered due to the earthquake. In response, the bank has rolled out specific relief measures to ease their financial burden. For individual customers, the bank is offering the Kasikorn Thai Home Loan, which allows borrowers to defer principal payments and only pay interest for up to three months. Additionally, customers can access loans for home repairs at a 0% interest rate for the first three months, with no collateral appraisal fee.
For those with Kasikorn Credit Cards, Xpress Loans, and Xpress Cash Cards, the bank is providing a similar option to defer principal payments, requiring only interest payments for up to three months. Car hire purchase loan holders can benefit from a reduction in monthly payments by up to 50% for three months, with an extension of the payment period by the same duration.
In terms of business assistance, Kasikorn Bank is allowing business customers to postpone principal payments on their existing credit limits, requiring only interest payments for a maximum of three months. For businesses needing to repair premises, the bank is offering loans with a maximum term of five years, starting at an interest rate of 3.5% for the first two years. These loans also include a break on principal payments for up to three months.
Customers seeking assistance can reach out to the bank through various contact points. Personal customers are advised to contact the K-Contact Center at 02-8888888, business customers can connect with customer relationship managers or the K-BIZ Contact Center at 02-8888822, and car loan customers should contact the KLeasing Call Center at 02-6969999. Additionally, home loans can be adjusted based on necessity, with interest rates ranging between 6% and 7%, though these are subject to change as they are based on the floating interest rate.
For more detailed information on loan calculations and other inquiries, customers are encouraged to contact the K-Contact Center at 02-8888888.