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Home Loan

​​​​​​​​Triple bonus! OK for the whole family!​

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Interest and Installment
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Interest rates

More details

 

​​​Up to 30 years installment
Reduce your monthly payment

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Interest rates​​​

For salaried workers

Year 1
Year 2
Year 3
Year 4-end of term3-year average interest rateEffective interest rate (EIR) throughout loan term (20 years))
MRR- 1.87%
MRR – 1.00%
5%
5.55%
slide

For business owners​

Year 1
Year 2
Year 3
Year 4-end of term3-year average interest rate
Effective interest rate (EIR) throughout loan term (20 years))
MRR- 1.37%
MRR – 0.50%
5..5%
6.04%
Remarks:
  • For loan application submitted from October 1 to December 31, 2019​
  • Interest rates apply for all types of residences but not for vacant land.
  • Customers are entitled to a 0.25 percent discount on interest rate, p.a. during the first year if they take out a mortgage life insurance policy (MRTA) covering the full amount of the loan* for the full loan term.
    • Muang Thai Life Assurance PCL is the insurer. Buyers should understand the details of coverage and conditions before making the decision to purchase a policy. This decision is at the buyer's sole discretion, and shall have no effect on loan approval.
    • Policy approval is subject to conditions and criteria of Muang Thai Life Assurance PCL.
    • Minimum Retail Rate (MRR) = 6.87% p.a. (as of Aug 15, 2019)
    • The MRR may change subject to KBank's financial position and is announced periodically and posted at KBank branches and website.
       

Conditions

  • Loan amount shall be granted up to 90 percent of the home purchase price and not exceeding 90 percent of the home's appraised value.

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to loan approval*

​​​

*For pre-approval process, with complete required documents


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Types of Collateral

 

House

 

Townhouse

 

Commercial Building

 

Condominium

 

Vacant Land

 

House Remodelling


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Loan Details

Download Sales Sheet​

Interest

Interest rates​

More details​​


Period

Maximum 30 years

 

Credit limit

  • Loan amount shall be granted up to 90 percent of the home purchase price and not exceeding 90 percent of the home's appraised value.

Consideration Period of Loan Request

Approximately 7 business days (if all required documents are submitted to the bank)

 

Fees / Expenses

  • The fee for the collateral's value appraisal conducted by the Progress Appraisal Company or another appraisal company guaranteed by the bank or its branches is 3,000 baht (including VAT)
  • For an appraisal of any property that happens to be located on an island, please contact the bank



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Interest rates​​​

For salaried workers​

Year 1
Year 2
Year 3
Year 4-end of term3-year average interest rateEffective interest rate (EIR) throughout loan term (20 years))
MRR- 1.87%
MRR – 1.00%
5%
5.55%
slide

For business owners​

Year 1
Year 2
Year 3
Year 4-end of term3-year average interest rate
Effective interest rate (EIR) throughout loan term (20 years))
MRR- 1.37%
MRR – 0.50%
5..5%
6.04%
Remarks:
  • For loan application submitted from October 1 to December 31, 2019​
  • Interest rates apply for all types of residences but not for vacant land.
  • Customers are entitled to a 0.25 percent discount on interest rate, p.a. during the first year if they take out a mortgage life insurance policy (MRTA) covering the full amount of the loan* for the full loan term.
    • Muang Thai Life Assurance PCL is the insurer. Buyers should understand the details of coverage and conditions before making the decision to purchase a policy. This decision is at the buyer's sole discretion, and shall have no effect on loan approval.
    • Policy approval is subject to conditions and criteria of Muang Thai Life Assurance PCL.
    • Minimum Retail Rate (MRR) = 6.87% p.a. (as of Aug 15, 2019)
    • The MRR may change subject to KBank's financial position and is announced periodically and posted at KBank branches and website.
       

Conditions

  • Loan amount shall be granted up to 90 percent of the home purchase price and not exceeding 90 percent of the home's appraised value.


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How to Apply

Qualifications

Nationality

  • Thai

Age

  • Be at 20 years of age and older
  • the guarantor's age combined with the duration of the loan cannot exceed 70 years

Income

  • Earn fixed monthly income of 15,000 baht and over
 

Duration of Employment

  • Fixed income earners must have at least 1 year of experience. The time at old workplaces are counted. Borrowers must have already passed the probation period at current workplace and must have worked there for more than 6 months.
  • Business owners must have been in their current businesses for at least 2 years

Others

  • The number of co-borrowers must not exceed two, and they must be relatives by law
 

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Frequently Asked Questions

To borrow on a Home Loan, what is the maximum amount granted by the bank?

Generally, to apply for a loan to buy a house with land, a townhouse, a commercial building, or a condominium, or to construct a residence, for general clients, the bank shall approve a maximum loan up to 80% of the estimated price, but for homes in certain housing projects financed by the bank, the maximum loan is up to 95% of the selling price. For more information, please inquire at 02-8888888

Is a minimum price fixed for the collateral?

Only for condominiums, the unit selling price must be 500,000 baht and above.

I already have an existing Home loan. If I want to apply for a loan for another property, is that possible?

A customer who is already making payments on an existing Home loan is eligible to apply for an additional loan. The customer must demonstrate clearly that the additional property is for residential purposes, not for leasing or profit-making purposes. Consideration is made based on the customer’s ability to repay the debt.

If the applicant has insufficient annual income to make the monthly payments for the requested loan, how can this problem be solved?
  1. Reduce the requested loan amount.
  2. Extend the loan terms, if possible, to reduce the monthly payment.
  3. If (1) and (2) are not possible, find an additional co-borrower.
In case of joint borrowing for a Home loan, how must the co-borrowers be related to each other?

They must be siblings, relatives, or married spouses; if they are unmarried, their relationship status must be confirmed by the customer, or if they have a child, the child’s birth certificate can be used to confirm the relationship status.

In case of refinancing from another financial institute, is there an applicable fee? How much is the fee?

Kasikorn bank’s regular fees, such as the collateral appraisal fee, are applied to customers who refinance from another financial institute to apply for a loan with Kasikorn Bank.


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