Bangkok--9 Nov--Aziam Burson-Marsteller
Krungsri Car For Cash helps customers get through flood crisislaunching the “Apply Today, Repay in 2012” program to help alleviate burdens, offering 3-month deferred payment
Krungsri Auto, a leading automotive financial provider launches a program to ease customers’ burden post flood crisis. The “Krungsri Car For Cash Gets Through Floods — Apply Today, Repay in 2012” program offers people impacted by flooding access to funds for home repairs, business restoration or additional liquidity. The program offers a 3- month deferment for the first payment and up to 72-month installments. Applications are available from today until December 30, 2011.
Ms. Choosri Patcharoen, Executive Vice President, Marketing, Krungsri Auto revealed, “The severe floods that Thailand has been facing in several areas of Bangkok and many provinces have created damage to lives, businesses and properties. Krungsri Auto therefore launches the “Krungsri Car For Cash Gets Through Floods — Apply Today, Repay in 2012” program, offering access to funds for affected people who possess automobiles in all impacted areas to help rebuild their lives.”
Flood affected people can apply for the Krungsri Car For Cash loans from now to December 30, 2011, and receive an amount up to 100% of the car’s price as assessed by Krungsri Auto with up to a 72 month repayment period, no guarantor is needed. Krungsri Auto will also be postponing the first payment of the loan for three months after the approval date with an endorsed loan contract number. The loan can be approved within one day upon the receipt of complete documentation and the borrower can receive the funds within one day after the transfer of the car’s registration.
“The large-scale devastating floods in several areas have adversely affected many people and Krungsri Auto stands ready to assist the impacted people in many ways including issuing the relief measures to help our customers i.e. a combination of principal grace, principal grace with interest reduction, and the exemption of late fee charges. Also, CSR activities have been conducted to help impacted people in several areas. We are committed to standing by our customers to overcome this crisis. The “Krungsri Car For Cash Gets Through Floods — Apply Today, Repay in 2012” program reflects Krungsri Auto’s commitment to help relieve customer’s burden in this difficult time,” Ms. Choosri added.
Interested people can contact Krungsri Car For Cash by calling Krungsri Auto Call Center Tel: 0-2740-7400 or Krungsri Auto Flood Relief Center Tel: 0-2730-2727.
About Krungsri Auto or Ayudhya Capital Auto Lease PLC
Krungsri Auto, a sole subsidiary of Krungsri Group, provides hire purchase financing for new cars, used cars, motorcycles and also renders secured personal loan services through auto sales and lease back. With proficient management team, Krungsri Auto has responded to customer’s needs including individual consumer auto and motorcycle manufacturers, dealers and corporates. During 2009-2011, the company has been assigned “A+ credit” from TRIS Rating and named a Superbrands Thailand 2011. To sustain a leading position in the business, Krungsri Auto provides a wide range of hire purchase financing products include “Krungsri Car for Cash”, financing for auto owners who want cash with their auto as the collateral; “Krungsri Cash to Car”, a financial product for used cars belonging to personal owners; “Krungsri Motorcycle”, “Krungsri New Car”; “Krungsri Used Car”; “Krungsri Fleet & Leasing” and “Krungsri Inventory Finance”. With almost 18 years of experience, Krungsri Auto provides a caring and professional consultation and services through its 34 Krungsri Auto branches, 10 service centers including “Krungsri Auto Express” (the latest new branch format in modern trade outlets), all of which are open every day including weekends, in addition to the branches of Bank of Ayudhya nationwide. Interested customers are welcome to contact Krungsri Auto Call Center Tel. 0-2740-7400 to get an auto price-appraisal service delivery or visit us at www.krungsriauto.com.