KBank and Sansiri join hands to launch the hottest promotion of the year, ‘Miracle 9’. Customers can choose to pay monthly installments of only 900 Baht per 1 million Baht of mortgage loan, or benefit from a 9-month grace period for interest.

ข่าวเศรษฐกิจ Thursday September 9, 2010 09:08 —PRESS RELEASE LOCAL

Bangkok--9 Sep--Sansiri KASIKORNBANK, in corporation with Sansiri Public Company Limited on the auspicious date of 9th day of the 9th month (September 9), launches ‘Miracle 9’ promotion, which allows customers to pay monthly installments for mortgage loan of only 900 Baht per 1 million Baht of principal, or they can choose a 9-month grace period of interest. Another 9 items of special privileges will also be offered only to customers that purchase houses from Sansiri within the 9th month. Mr. Krisada Lamsam, Senior Executive Vice President of KASIKORNBANK, said KBank has joined hands with Sansiri Public Company Limited to launch ‘Miracle 9’ promotion in order to offer the best installment deal, best interest rate and privileges of the year to customers that buy residences in any Sanrisi projects. Customers who apply for K-Home Loan to buy residences of Sansiri within September will qualify for a special 900-Baht monthly installment promotion per 1 million Baht of loan for one year. Or they can choose to pay with a 9-month grace period of interest. In addition, there are 9 special privileges for customers: waiver of loan management fee and collateral appraisal fee for retail customers, free burglary insurance, K-Home Smile Club credit card, K-Express Cash credit line, tickets for SF Cinema group, gift voucher of Carrefour, gift voucher of Swensens and gift voucher for air conditioner cleaning. Mr. Krisada said KBank and Sansiri are close partners. Over the first six months of this year, the Bank has provided credit for customers of Sansiri yielding a growth of 190 percent. As a result, the joint promotion ‘Miracle 9’ promises to be the best promotion of the year that will satisfy customers and boost the Bank’s credit with Sansiri group. According to the promotion, aside from specially low installments with special terms, KBank will also take care of all housing matters for customers, a supplementary service from K-Home Smiles Club that goes beyond financial aspect. Sansiri CEO Mr. Apichart Chutrakul said KBank, as a solid partner of Sansiri, has consistently joined quality campaigns for Sansiri products. The 'Miracle 9' which is one of the best financial campaigns for residences is expected to gain popularity from Sansiri customers. In the second half of 2010, Sansiri believes that demand for new residences will continue to thrive and it aims to see total sales in the third quarter of around 5.6 billion Baht.

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