Bangkok--26 Feb--Bangkok Bank
Bangkok Bank is making a special offer to medical professionals who take out a Bualuang Home Loan. Two tiers of discounts are available to customers, giving them a total discount value of up to one percent.
Medical professionals who apply for a Bualuang Home Loan between now and 30 December, 2007, will receive a special interest rate of MLR —0.75% during the floating rate period of the loan. Customers can also take advantage of Bangkok Bank’s existing flexible low interest rate options.
Customers who also take out the bank’s home loan insurance protection plan, Home 1st, will receive a further interest rate discount of 25 basis points for the first year.
Bangkok Bank Senior Executive Vice President, Mr. Deja Tulananda, said that Bangkok Bank was offering discounts to people whose careers are dedicated to serving society.
Bangkok Bank’s MLR is currently amongst the lowest in the market at 7.5 percent per annum. When the discounts are considered against Bangkok Bank’s regular flexible low interest rate options, the interest rates for medical professionals will be:
Option one: 5% fixed rate for the first year and MLR for the remainder of the loan period. The 5% fixed rate for the first year will be reduced to 4.75% and MLR-0.75% will apply for the remainder of the loan period.
Option two: 6% fixed rate for the first year, 6.75% for the second year, and MLR for the remainder of the loan period. The 6% fixed rate for the first year will be reduced to 5.75%, the 6.75% fixed rate applies for the second year, and MLR-0.75% applies for the remainder of the loan period.
Option three: MLR-1.5% for the first two years and MLR for the remainder of the loan period. The new rates will be MLR-1.75% for the first year, MLR-1.5% for the second year, and MLR-0.75% for the remainder of the loan period.
Option four: MLR-1.75% for the first year, MLR-1% for the second year, MLR-0.5% for the third year, and MLR for the remainder of the loan period. The new rates will be MLR-2% for the first year, MLR-1% for the second year, MLR-0.5% for the third year, and MLR-0.75% for the remainder of the loan period.
Mr. Deja added that the Home 1st bancassurance policy guaranteed that the family of the insured person would have absolute ownership of the property, without having to shoulder any outstanding debts, in the event of the insured person’s death or total disability.
“We are offering special options and benefits that make our products and services even more relevant to our customers. At Bangkok Bank, we consider it important to provide options that fit with our customers’ needs,” Mr. Deja said.
Customers who are interested in this offer can find out more at any Bangkok Bank branch nationwide, by contacting Bualuang Phone on 1333 or by visiting www.bangkokbank.com/home_loans