Qualification of borrower

• Individuals between 20-65 years old or juristic persons of Thai nationality of which the businesses have been registered and operated in Thailand
• At least 1 year of business experience
• Total sales per year not exceeding Bt. 50 million
• Not being NPL with any financial institutions over the previous year; not having record of financial litigation or bankruptcy case; not being engaged in the following industries: Finance e.g. loan extension, pawn shops, bars, nightclubs, Turkish baths, beer gardens, street stalls, food stalls, operators of taxis, motorized tricycle taxis

Required documents

Documents	For individuals		For juristic persons
	Borrower/Co-borrower	Guarantor/ Spouse	Juristic person	Authorized signatory/ Shareholders with interest over 30%
Copy of identity card
Copy of house registration
Copy of statement from financial institution over the past 6 months
Copy of title document regarding collateral
Copy of personal income tax certificate
Copy of business license
Copy of marriage/ divorce certificate (if any)
Copy of certificate for change of name/ family name (if any)
Copy of sale contract, or copy of deposit payment contract on goods or assets (if any)
Certificate of incorporation of partnership/ company of not over 3 months from the date of the document submission
Company’s memorandum and articles of association
List of shareholders of not over 3 months from the date of the document submission
Minutes of the meeting which is not over 3 months from the date of the document submission of the juristic person, with approval resolution passed for credit application and/ or account opening with TMB
Registration of Company‘s seal (BorOrJor.3)
Copy of tax ID card
PorPor.3 Form over the past 3 months
Financial statements over the past 3 years
Letter of consent for disclosing the result of Credit Bureau Report

Interest rate/Fees

For loans and O/D

Credit types (Unit: Million baht) / Types of assets	Standard Interest Rate (per year)
	Loans	O/D
Savings deposit	Interest rate of collateralized savings deposit +2.50%
Fixed deposit	Interest rate of collateralized fixed deposit +2.50%
Bill of exchange	Interest rate of collateralized B/E +2.00%
Treasury bills	MLR-1.00%	MRR-1.00%

Minimum front-end fee of Bt. 2,000 but no more than 2.00% of the approved credit line

Prepayment fee as follows:

• In case of loan prepayment in full amount, interest rate/ fee is charged at 1.00% of the outstanding balance.

For letter of guarantee

• Standard fee: 1.25% per year (for every type of assets specified in the program)
• Minimum fee at Bt. 500 per year
• Fee is to be charged according to 3-month minimum period.
• If period is longer than 3 months, the remaining days will be rounded up to 1 month.

Collateral

• TMB savings account or TMB fixed/ time deposit account
• TMB bill of exchange (B/E)
• Government bonds which comprise:
  • Bonds issued by the Bank of Thailand
  • State enterprise bonds guaranteed by the Ministry of Finance
  • FIDF guaranteed by the Ministry of Finance

Note

• The Bank reserves the right to use the following deposits as collateral 1) Corporate Premier Time Deposit 2) 50-year Anniversary Fixed Deposit 3) Sabaijai Deposit of 5 months, 12 months, and 24 months.
• The collateral must be under the borrower’s ownership. In case of individuals: The collateral must be under the ownership of the borrower or relatives, i.e. father, mother, siblings, children who have reached the age of majority, and the borrower’s spouse. In case the collateral is not under the borrower’s ownership, guarantee must be provided by the collatera’sl owner. In case of juristic persons: The collateral must be under the ownership of the borrower, authorized persons and/or authorized signatories.
• As regards credit which is secured by bond, the maximum term and payment must not exceed the maturity date of the bond.
• Bank reserves the right to approve loans and interest rates as per its regulations and criteria.