A credit that supports the government’s policy on energy saving and on energy-related problem solution regarding the use of NGV (natural gas for vehicles) as this will be a safe and economical choice for the use of alternative energy, enabling businesses to reduce their operating cost while helping the country in energy and environment conservation.
Types and qualifications of vehicles
- Trucks, buses, trailers, and other large-sized vehicles with years of use of not more than 10 years
- Other vehicles to which consent is given by PTT such as boats
Credit line
- Credit line is granted, based on actual expenditure regarding the modification and/or the installation of NGV equipment but not exceeding the maximum credit line set out by PTT.
Qualification of borrower
- Juristic persons with Thai nationality that engage in transportation business using vehicles or having to use vehicles in business operation, or vehicle leasing business e.g. taxi cooperatives, or taxi companies
- Having been registered and operated for at least 3 years
- Having no accumulated loss and must be profitable in the latest year
Interest rate
- Loan: Fixed at not more than 4% p.a.
Collateral
- Collateral according to the Bank’s criteria
