Credit Limit (baht)
|
Standard Interest Rate (p.a.)
|
Not exceeding 50,000
|
24%
|
50,001 - 200,000
|
22%
|
200,001 - 1,000,000
|
18%
|
The interest rate ceiling, including penalty, service and related fees, is 25% p.a.
From April 1, 2021, a penalty rate of not more than 3% p.a. on outstanding principal balance, will be charged on top of the maximum interest rate specified in the loan contract and will not exceed the interest rate ceiling including penalty, service and related fees.
The grace period for the penalty is seven days from payment due date.