Bangkok--6 May--Thai Credit Retail Bank
Firm joining Thailand Post to expand network nationwide through their offices at over 1,200 locations
Thai Life Insurance Conference Room, 3rd Floor: Thai Credit Retail Bank Public Company Limited, A member of Thai Life Insurance Group, has entered an agreement with partner namely Thailand Post Co., Ltd. to support and promote its nationwide service capabilities.
Attending the agreement signing ceremony include representatives of the parties headed by Mongkon Leelatum, Chief Executive Officer and Managing Director of Thai Credit Retail Bank PLC and Sriprapa Yimsmith, Executive Vice President
Marketing and Business Development of Thailand Post Co., Ltd.
Mongkon revealed details of the latest partied cooperation saying, his company had been well embraced by a wide range of customers in just a short period of time as Thai Credit Retail Bank became operational only in the last 2 years. “The bank has developed outstanding products and services to meet the true demand of retail customers. It is uniquely differentiated to stand out from crowds,” he said.
As part of the plan to help increase convenience for customers, Thai Credit Retail Bank has joined Thailand Post to form network alliance to offer access to customers nationwide under the key concept of “easy deposit, convenient withdrawal at attractive interest rate”.
“This will allow us to immediately have more branches and outlets around the country. Customers can make deposit with us through Thailand Post offices at 1,200 locations without charge (maximum 50,000 baht per transaction and maximum 100,000 baht per day per account) and can make withdrawal from ATM Pool, which includes over 33,400 ATMs, where our customers can use services without paying any fees up to 5 times a month. In addition, loan customers have been able to pay for the monthly installment at Counter Service, which is available at 6,730 locations nationwide, since 2008,” he explained.
Products offered by Thai Credit Retail Bank are as follows:
Gold for Cash Personal Loan: The first and only in Thailand to offer personal loan using gold as collateral. There are 2 types of personal loan with gold as collateral namely Thong Laek Ngen and Thong Tan Jai. Also using gold as collateral is special loan for business aimed at helping gold shop operators increase liquidity.Automobile Banking Business Credit: Unique auto loan introduces a new way of interest payment calculation by reducing principal loan and interest rate, while making installment payment. This means the higher the amount of installment is paid, the quicker the reduction to the loan principal, helping customers lower interest burden.Instant Interest Deposit Service: With 3 levels of minimum deposit of 100,000 baht, 300,000 baht and 500,000 baht, at the interest rate of 1.6%, one will receive interest payment immediately upon opening an account. This special deposit service also offers additional services such as current plus account which offers interest on outstanding balance, tax-free interest for up to 4% and progressive fix deposit account of 18 months and 24 months with interest increase of every 3 months, staring from 1.25% to 4%. “This latest cooperation with the new partner will certainly enhance convenience for the customers as Thai Credit Retail Bank looks to maintain product and service superiority in order to remain in line with the slogan of “convenient, different and accessible”,” he concluded.
For more information
Thai Credit Retail Bank PLC.
Woraanong Uschararuji
Tel. 0-2697-5454 ext. 1307
e-mail: [email protected]