GH Bank issues 7 measures to reduce installments and suspend debt payments. Helping customers from the effects of Typhoon Noru

Government Housing Bank Respond to government policy To help customers affected by "Storm Noru" that resulted in heavy rain in some areas. There have been flash floods and flash floods with 2565 measures to help victims of natural disasters in 7, consisting of

1. Reduce the installment payment by 50% from the normal installment payment. and reduce the interest rate to 3% per year for a period of 6 months. 2. Provide additional loans or new loans at an interest rate of 3.00% per year, fixed for the first 1 year. 3. Compromise debt for a period not exceeding 1 year 6 months and charge an interest rate of 0%. 6 months per year, no need to pay installments 4. Compile debt for no more than 1 year, charge an interest rate of 0% per year for the first 6 months, pay in installments of only 1,000 baht.

5. In the case of death or permanent disability, pay interest in installments at 0.01% per year. 6. The entire residence is damaged and cannot be repaired. To be debt-free for the building and 7. Consider urgent claims (Fast Track) for customers who have fire insurance policies. Pay according to actual damage including all natural disasters up to 30,000 baht per year.

Mr. Chatchai Sirilai, Managing Director Government Housing Bank (GH Bank) Revealed that after Thailand had to experience “Depression No Ru” that resulted in heavy rain in some areas Heavy rain falling in some places in the northern region. Northeastern, Central, including Bangkok, surrounding areas, Eastern and Southern regions. causing flash floods and flash floods creating an impact on housing and the occupation of the people

GH Bank, as the state's specialized financial institution with a mission to "make Thai people own a home", is therefore rushing to alleviate suffering for public customers. According to the government policy of General Prayut Chan-o-cha, Prime Minister and Minister of Defense, by creating "measures to help victims of natural disasters in 2565" (total budget framework of 1,000 million baht) by considering the level of damage. which has the following details:

Measure 1 For current customers of GH Bank who are in the process of using floating interest rates (MRR -0.50%, MRR -1.00% or MRR, etc.) in the case of collateral. (Residence mortgaged with the bank) of oneself or one's spouse who has suffered damage from a natural disaster can request a 50% reduction in installment payment from the regular installment payment. and reduce the interest rate to 3% per year for a period of 6 months

Measure 2 For new loan customers or current GH Bank customers whose collateral or their spouse's insurance has been damaged as a result of a natural disaster. You can apply for an additional loan or a new loan to build a building to replace the original one. or recover and repair damaged buildings The loan limit per individual is not more than 1 million baht per 1 collateral. The loan interest rate is fixed at 3% per year for 1 year. Years 2 - 3 have an MRR interest rate of -3.15% per year (currently equal to 3% per year) and the year 4 until the entire loan contract period in the case of welfare customers Interest is equal to MRR -1% per year.

In the case of general retail customers Interest is equal to MRR - 0.50% per year, with all related fees waived, including fees for requesting changes to the loan interest rate. and fees for requesting to change loan conditions in every case after the legal transaction has been completed in the relevant transaction

Measure 3 NPL status customers whose collateral has been damaged Compromise the debt for a period not exceeding 1 year and 6 months, with an interest rate of 0% per year for the first 6 months and no installment payments required. Then from the 7th to 18th months, the interest rate is 1% per year, with installment payments not less than the monthly interest. And when the debt reconciliation period has expired, return to using the interest rate according to the original rights before using this measure.

Measure 4 NPL status customers whose income is affected Compromise the debt for a period not exceeding 1 year with an interest rate of 0% per year for the first 6 months and pay in installments of only 1,000 baht (all principal is deducted). Then from the 7th to 12th months, the interest rate is 1% per year by paying in installments. The installment is not less than the monthly interest plus another 100 baht and when the installments are paid at the end of the debt reconciliation period. Let customers return to using the interest rate as per their original rights before using this measure.

Measure 5 Customers with normal account status and NPL status who have died or become permanently disabled. Pay in installments using an interest rate of 0.01% per year for the remaining period. (Considered on a case-by-case basis)

Measure 6 Customers with normal account status and NPL status if their entire home is damaged and cannot be repaired. Be free of debt for the building price. and continue to pay in installments only for the remaining land. (Considered on a case-by-case basis)

Measure 7 Consider urgent claims (Fast Track) for customers who have a fire insurance policy for their residence that covers natural disasters. Including the case of floods or wind storms, consider urgently paying compensation to all disaster victims as a special case. The insured submits documents reporting damage and pays according to the actual damage as shown in the photos. Including all natural disasters not exceeding 20,000 baht per year and for customers with insurance policies

Coverage starts from November 1, 2562, increasing natural disaster coverage based on actual damage from photographic evidence. But not more than 30,000 baht per danger per year.

Customers who wish to request services according to measures 1-6 can contact GH Bank branches from now until December 30, 2565, and measures 7 can contact GH Bank branches from now onwards. For more information, please contact the GH Bank Call Center at 0-2645-9000 or the Government Housing Bank's Facebook Fanpage or at all GH Bank branches nationwide. And follow the news at Application: GHB ALL and website. www.ghbank.co.th