GHB Offers!! Home Loan at 0.66% Interest for the First 6 Months and Special Super Savings Deposit at 1.60% Interest Annually. Huge discounts on NPA properties starting at just 40,000 Baht at the 7th Udonthani Money Expo from October 4-6.
           The Government Housing Bank (GHB) is participating in the Money Expo Udonthani 2019, the 7th Udonthani Money Expo, bringing special products to serve the people of the Northeast, including a home loan with an interest rate of 0.66% for the first 6 months, free!! of application fees, registration fees, and special appraisal fees for collateral.
In terms of deposits, GHB is offering a special super savings deposit product with an additional interest rate, totaling up to 1.60% per annum, and has selected 202 NPA properties for sale at special prices with discounts of up to 50% from the regular price, starting at just 40,000 Baht. Those with an income of no more than 25,000 Baht/month can purchase NPA properties valued at no more than 2 million Baht and are eligible for a 0% down payment installment plan for up to 60 months from October 4-6, 2019 at Central Plaza Udonthani.

           Mr. Chatchai Sirilai, Managing Director of GHB, stated that people in the Northeast can conveniently access the bank's financial products at the Money Expo Udonthani 2019. GHB has set up a booth at the event divided into 4 main zones, including



           1. Low-interest home loans with an interest rate of 0.66% for the first 6 months, 2.66% for months 7-20, and 3.66% for months 21-36, averaging an interest rate of only 2.77% for the first 3 years. For the 4th year and throughout the loan term, the interest rate for welfare customers is MRR - 1.00% per annum, and for retail customers, it is MRR - 0.50% per annum.
For loans to purchase equipment and amenities related to housing, the interest rate is MRR (currently, GHB's MRR is 6.625% per annum). Special!! Get 3 fees waived, including 1. Waiver of the loan application fee of 0.1% of the loan amount, 2. Registration fee of 1,000 Baht, and 3. Special appraisal fee for collateral (borrowers will initially pay the registration and appraisal fees at a special rate, and the bank will reimburse them after the borrower completes the transaction with the bank). Loans can be used to purchase, build, renovate, redeem mortgages from other financial institutions, and redeem mortgages while purchasing equipment or amenities, with repayment terms of up to 40 years for those who reserve their rights during the event from October 4-6, 2019, submit loan applications from October 4 to November 4, 2019, and complete the transaction by December 6, 2019. The bank reserves the right to end the project earlier if the loan limit is fully utilized.

           2. High-interest deposits offering a special super savings deposit product with an interest rate of 1.50% per annum, plus an additional 0.10% per annum for 6 months from the date of account opening, totaling up to 1.60% per annum. Just open a deposit account with a minimum of 10,000 Baht and reserve the deposit rights during the event from October 4-6, 2019, and open the account from October 4-13, 2019, at designated branches only.

           3. NPA properties or second-hand houses are being offered to provide more options for people looking for affordable housing. The bank has brought 202 quality NPA properties in prime locations for sale, including single houses, duplexes, townhouses, commercial buildings, and vacant land located in Udonthani and nearby provinces, with discounts of up to 50% from the regular price. The lowest starting price is for a vacant land of 67 square wah in the Khee Lek housing project in Nong Khai, starting at just 40,000 Baht. Additionally, those with an income of no more than 25,000 Baht/month who wish to purchase NPA properties valued at no more than 2 million Baht during the event are eligible for a 50% down payment installment plan at 0% interest for up to 60 months and can move in during the down payment period by paying a deposit of no less than 1.5% of the purchase price. Alternatively, if they pay a 20% down payment of the purchase price, they can receive a loan at 0% interest for 24 months without property appraisal fees and can repay for up to 40 years.

           4. GHB Financial Literacy School project aims to educate the public who are not yet ready to access loans in the system. The bank has invited housing loan experts to provide advice to interested individuals. Those who meet the bank's conditions can apply for loans under the project's terms. The Money Expo Udonthani 2019 will be held from October 4-6, 2019, at Central Plaza Udonthani. For more information, please contact the Customer Service Center (Call Center) at 0-2645-9000 or visit www.ghbank.co.th and the GHB Facebook Fanpage.

Thank you for the information from www.ghbank.co.th