K-Personal Loan for Education  (สินเชื่อบุคคลเพื่อการศึกษากสิกรไทย  )

Eligibility

Qualifications of students

•  Thai nationality
• Having passed entrance examination of educational institution or studying in educational institution accredited by the Ministry of Education

Note: If the student is the borrower, please see details of borrowers’ qualifications.

• Thai nationality
• Borrowers must be students or their relatives, or those having legal relationship with students (proof is required).
• Age: 22 years and above; the borrower’s age plus the duration of the loan must not exceed 60 years.
• Regular monthly income: 15,000 Baht or higher
• Existing monthly installment payment must not exceed 40 percent of the borrower’s monthly income.
• Years of work
  • For fixed-income earners, they must have worked for at least one year.
  • For self-employed persons, they must have been in business for at least two years.
• Fixed-line telephone number available (both home and office)

• Thai nationality
• Government officials with position classification level 5 or above, or military officers at the rank of Major or higher, or equivalent, having a salary of 15,000 Baht or above, or
• Company officials with a salary of 20,000 Baht or higher, or
• Self-employed persons of which guarantor’s income must be 2.5 times higher than the monthly installment amount
• Fixed-line telephone number available (both home and office)

Loan limits

Loan is granted at 80 percent of expenses per course/curricula, and up to 750,000 Baht. Loan withdrawal shall be made with the presentation of receipt on a case-by-case basis according to the actual expenses based on the receipt date. The Bank shall transfer the amount to the borrower’s savings account accordingly.

Required documents

For borrowers

• Application form for K-Personal Loan for Education
• Copy of detailed expenses throughout the course issued by the educational institution (photocopy or download from the Internet), or related documents issued by the educational institution
• Original letter of student status issued by the educational institution not more than one month ago
• Copy of national ID card
• House registration showing address and name of home’s owner
• Copy of name/surname change certificate (if applicable)
• Copy of statement of account for the past six months
• Copy of the first page of KBank savings passbook for money transfer
  

For fixed-income earners

• Original salary certificate letter or salary slip (not more than one month old), or a copy of a Tax Return form which has been acknowledged by the Revenue Department
  

For self-employed persons

• Copy of tax ID card (for proprietors)
• Copy of Company Registration Certificate/Commercial Registration
• A certificate of shareholders’ list not more than six months old (for limited liability company)

• Copy of national ID card or government official card/state enterprise employee card
• House registration showing address and name of home’s owner
• Copy of name/surname change certificate (if applicable)
• Copy of statement of account for the past six months
  
  

 For fixed-income earners

• Original salary certificate letter or salary slip (not more than one month old) or a copy of Tax Return form which has been acknowledged by the Revenue Department

For self-employed persons

•  Copy of tax ID card (for proprietors)
• Copy of Company Registration Certificate/Commercial Registration
•  A certificate of shareholders' list not more than six months old (for limited liability company)