Minister Suksamruay announced good news on advancing the increase of capital for each village fund by one million baht, urging 8,746 funds that have not yet received it to submit their applications by 31 December 2026.
On 15 Nov 2026, Mrs. Suksamruay Wantanee-yakul, Minister attached to the Prime Minister's Office and Chairperson of the National Village and Urban Community Fund Committee (National Village Fund Board), revealed that she has instructed the National Village and Urban Community Fund Office to proceed with Phase 3 of the capital increase project. This involves supporting an additional one million baht per fund for the 8,746 village funds nationwide that have yet to receive funding, totaling up to 8,746 million baht.
“The government does not want any village to be left behind. This fund is the people's capital to develop their occupations, support member welfare, and encourage savings. I urge all fund committees that have not yet received the money to promptly convene member meetings, prepare documents, and submit applications before the end of this year. Early submission means priority,” Minister Suksamruay said.
Minister Suksamruay added that she has instructed the Village Fund Office to notify all provincial governors to have district chiefs and local mechanisms disseminate the news to village funds. All branch offices of the Village Fund Office have been ordered to coordinate and assist in document verification. Additionally, all village fund chairpersons have been directly informed to ensure no fund loses its rights due to lack of information.
Eligible funds applying must meet these qualifications: 1. Registered as a legal entity and have financial statements prepared in the prescribed format; 2. Member meetings have approved the current committee and the capital increase with at least half of attending members in agreement; 3. Have a one-year development plan covering loans for investment, welfare, savings, and new member recruitment; and 4. Manage operations transparently and have appointed internal auditors.
The application process includes: 1. Convening member meetings to vote on capital increase; 2. Preparing the fund development plan and supporting documents; 3. Submitting the application form to the provincial village fund coordination center by 31 December 2026. Failure to apply by this date will be considered a waiver for this round. Upon approval, funds will receive transfers via Government Savings Bank or Bank for Agriculture and Agricultural Cooperatives directly to their accounts. If documents are incomplete, officials will return them for correction and resubmission. For more information, contact the nearest Village Fund Office branch or call 0 2141 7100-19 ext. 1703, 1704.