GSB Launches GSB Loan to Resolve Small Debts with Fixed Interest and 5-Year Repayment

Government Savings Bank (GSB) has launched the "GSB Loan to Resolve Small Debts" to help individuals with steady income consolidate debts, reduce burdens, with interest starting at 0.75% per month and repayment terms up to 5 years. Check conditions and application methods here.

GSB has introduced the "GSB Loan to Resolve Small Debts" to assist people of all professions.

Mr. Songpol Chewapanyaroj, Director of Government Savings Bank, stated that GSB is advancing an important mission to help the public manage debt to reduce expenses, enabling faster debt repayment and increasing daily financial liquidity. This support helps ease the burden amid current economic challenges affecting livelihoods and employment opportunities. The impact spans all professions, including government officials, informal workers such as general laborers, traders, skilled craftsmen, service workers, and even formal employees who may face rapidly rising expenses.

Loan amount and interest rate details

The "GSB Loan to Resolve Small Debts" program offers the following notable terms and conditions:

• Loan amount: up to 200,000 baht per person.
• For non-system debts, the maximum loan is 50,000 baht per person.
• Interest rate: fixed (Flat Rate), starting at 0.75% per month, depending on loan collateral.
• Repayment period: up to 5 years (or 60 installments).

Borrower qualifications and conditions

Applicants must meet the following basic criteria:

• Have a stable source of income.
• Be at least 20 years old.
• The borrower's age plus the loan repayment period must not exceed 65 years.

The bank will consider loan approval based on individual necessity and repayment capacity. Interested individuals can inquire and apply at any GSB branch nationwide from today, or learn more via the website.www.gsb.or.thand the GSB Contact Center at phone number.

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