The debtor has a health! Kor Yor. Give New Year’s gifts, reduce the principal, reduce the penalties.

Let’s continue with the good news for the end of the year. That government agencies give gifts for New Year’s Eve to welcome the new year together Not even The Student Loan Fund or the Royal Thai Police, which offers New Year’s gifts against COVID, reduces penalties 80 – 100% and reduces the penalty rate to 0.5% per year, as well as a 5% principal reduction when paying off debts. The borrower who has never defaulted on the payment for a period of 6 months.

Mr. Chainarong Kuchapanan, Manager of the Educational Loans Fund (NBTC), revealed that the fund has measures to help alleviate the financial burden and as a New Year’s gift to borrowers. From January 1, 2021 to June 30, 2021, totaling 6 months as follows:

1. Reduce 100% penalties for debt settlement, account closing For all borrowers who have not yet been prosecuted Payment can be made at Krungthai Bank. And all Islamic Bank of Thailand branches As for the borrowers who are prosecuted Must register to claim rights and make an appointment at www.studentloan.or.th The borrowers must complete the payment of attorney fees and court fees before closing the account.

2. 80% fine reduction for un litigation borrowers who have paid all outstanding debts to have normal status.

3. Reduce the principal amount of 5% for borrowers who have never defaulted on debt repayment and close the account at once.

4. Reduce the rate of penalty in case of default to 0.5% per annum for borrowers who have not been prosecuted and unable to pay the debt as scheduled.

In this regard, borrowers can view details of debt repayment channels to receive rights under the said measure at Student Loan Fund Website Wait a moment, the team will put a link in the comments.

You can check the payment amount at the Application Kor Yor Connect or ask for more information at the Line Official Account of the Yor Nor Sor.

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