If you are a foreigner who want to live and spend a long term plan in Thailand, whether long stay, quarantine holiday or retirement, and you ‘re looking for some money. We are here to introduce you how you can get the personal loan, Thai loan or mortgages for foreigners that can help make and fulfill your future plan.
This article will give you information and fundamental requirements of personal loan for foreigners in Thailand. Let’s take a look.
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Personal Loan in Thailand 2022
Most of the financial services in Thailand provide loans only to local Thai citizens and Thai Companies, but now the government wants to promote tourism and encourage outside investment whether foreigners who live to stay and live in Thailand for a really long time. This brings more opportunities for foreigners to apply and get the personal loan.
In 2022, there’re some banks or financial services that will give the policies for lending the loans to foreigner with these requirements.
- At least a one year work permit or a Thai resident permit
- Proof of employment in Thailand and annual salary (including payslips)
- The employer’s company documents are required.
- The loan period must not exceed 60 years when combined with the applicant’s age.
- Total income must be at least 3 – 5 times higher than each instalment.
Foreigners can obtain mortgages that are governed under the Thai Civil and Commercial Code. In order to qualify for protection under Thai Law. The following condition must be met.
- The mortgager must have the right of ownership of the property.
- The mortgage contract must be in writing and must be registered.
- The parties must register the mortgage to the authorised officer for the following cases:
Land with title deed has to be registered at the Department of Lands, Bangkok Metropolis Land Office (Branch), Provincial Land Office or Provincial Land Office (Branch) where the land being mortgaged is located. Land with no title deed has to be registered at the District Office where the land being mortgaged is located.
Here’re the financial services, personal Loan, Thai Loan available for foreigners in Thailand.
1.Bangkok Bank Cards for ME : Personal loan for foreigners in Thailand 2022
“Greater convenience for your spending” BK bank offer you credit cards service that matches your lifestyle and allows you to make great saving as you spend.
One of the easiest way the get the personal loan for foreigners is the applying credit cards. Bangkok Bank is now ready to offers a list of credit cards such as Bangkok Bank Visa Infinite Card, Bangkok Bank Platinum Leader card, Bangkok Bank Titanium Credit Card etc.
For more information or Apply here
2.Bualuang Loan Aujai Personal Loan Thailand
This is an instant cash loans to improve your finances and give you a great opportunity to regain the balance of your life. With the normal requirements needed, you can have a great deal, no more cash shortage, flexible repayments starting at 500 baths per month and ease your worries, Boost your liquidity. No need for collateral or personal guarantees. Easy to apply with one-time signup and access to fast cash anytime.
Bualuang Loan Aujai is a personal loan Thailand that can give you a fair interest rate which are on to the Credit limit, here
- Not exceeding 50,000 with 24%
- 50,001 – 200,000 with 22%
- 200,001 – 1,000,000 with only 18%
Qualifications
- Thai national aged between 20 and 59 years.
- A full-time employee with a payroll account with Bangkok Bank and working at the selected employers.*
- Minimum monthly income of 15,000 baht.
- At least one year working experience in current employment.
*For more details on the selected employers, please contact our branches or Bualuang Phone 1333 or click here
3.UOB International Personal Loan UOB I – Cash
UOB bank is now offering a personal loan for all foreigners with common requirements.
- Foreigner
- Age 21 – 60 at the end of loan tenor
- Minimum income of 15,000 bath for employee and 20,000 for self – employed annum for foreigners who have work permit in Thailand.
- Work experience – 1 year in same company of profession or 3 years works
With this personal loan can give you a interest rate separate into Loan in USD and SGD, following work in the same business.
Document required.
Employed
1. Copy of ID. Card or government official card/state enterprise employee card
2. Original/copy of payroll slip or original of salary confirmation letter
3. Copy of bank statements for the last 6 months (for original salary confirmation letter)
4. Copy of book bank for disbursement
5. Copy of House registration (for government official card/state enterprise employee card)
Self-employed
1. Copy of ID. Card
2. Copy of business registration certificate for the last 3 months
3. Copy of bank statements for the last 6 months.
4. Copy of bank shareholder list and percentage of shareholding (not more than 3 months)
5. Copy of book bank for disbursement.
For more information or apply personal loan here UOB I – Cash
4.CIMB THAI Personal Loan Thailand
If you want to “borrow money with loan Thailand” that’s not a big problem because you can apply and plan your future with a fair – rate personal loan that offers flexible repayment period of up to 84 months, that give you all the time to re – organize your financial plans. CIMB personal loan Thailand has a very nice services especially for you. With this personal loan you can get the maximum credit of 5 times of your monthly income or up to max at 1.5 Millions bath with only 11.84% p.a. interest rate. Apply now with this requirements.
- Aged between 21 – 59 years old (the total years of age and payment period must not be more that 60 years)
- Minimum monthly income of 15,000 bath for employee/ Government/ State Enterprise Official or minimum income of 30,000 bath for Freelancer/ Self – employed/ Business owners
- Minimum years of service: 6 months for employee/ Government/ State Enterprise Official or minimum years of operation: 3 years for Freelancer/ Self – employed/ Business owners
If you have this requirements and need a personal loan Thailand, CIMB Thai personal loan is your solution, Apply now here borrow money Thailand with CIME THAI.
5.Personal loan Thailand with FINNIX online money app
FINNIX is one of the newest nano – financial services on Application that can give you a great chance to borrow money Thailand 1000 bath or up to the maximum at 100,000 baths via Mobile App. With only 2.75% per month for interest rate and approve the results quickly only in 5 minutes. No need to go to the branch or prepare documents because you can request for credit by App. Download and Apply now here
For more details or download the App here FINNIX Nano – finance borrow money Thailand.
