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Kasikorn's Electronic Letter of Guarantee for Government Projects

​​​​​​​​​​​​​​​​​​​​​​​​​Request credit guarantee made easy. Online.

 

Issued instantly.

Via e-GP, connected to the e-GP system of the Comptroller General’s Department.

Guarantee of other collateral whether cash or bonds.

Reliable, with a credit guarantee from the bank.

Note: If the customer breaches the contract, the LG recipient may demand payment from the bank, which will pay the LG recipient immediately as a guarantor. The bank will track the customer to repay the money later.

Loan Details


Service Details

A service that issues an electronic letter of guarantee to submit to the government, in order to ensure compliance with the agreement or with any obligations the receiver of the letter of guarantee puts on the customer.

How to Apply

Qualifications

Status

Income

  • Profits in at least 2 out of the past 3 years are positive (excluding special list)

Age of business

  • Have been in business for at least 2 years

Remark: Other qualifications are as per the bank's regulations.

Required Documents

Private individuals

  • Copy of the borrower's national ID card
  • Copy of the house registration of the borrower and spouse
  • Copy of a name-surname change certificate of the borrower or spouse (if any)
  • Copy of a marriage or divorce certificate (if any)
  • Copy of the personal income tax payment certificate
  • A bank statement from a financial institution showing the past 6 months' history of transactions
  • Photocopies of documents evidencing ownership rights to the property
  • A sales-purchase contract or deposit contract (if any)

Business corporations

  • A certified copy of the partnership registration (issued within the past 3 months)
  • Certified copies of the company's Memorandum of Association and Articles of Association (issued within the past 3 months)
  • Copy of the juristic person’s tax identification card
  • Copy of the personal income tax payment certificate
  • Minutes of the company board meeting agreeing on a resolution to request a loan and to open an account with the bank
  • The latest financial statement submitted to the Revenue Department
  • A bank statement from a financial institution showing the past 6 months' history of transactions
  • Photocopies of documents evidencing ownership rights to the property
  • A sales-purchase contract or deposit contract (if any)

Frequently Asked Questions

What is the maximum limit of guarantee?
If the recipient of the K-Letter of Guarantee asks for the bank to make payment according to the conditions specified in the K-Letter of Guarantee, will the bank pay in full?