SAM moves forward to help customers affected by floods, launches debt relief measures, reduces interest rates

SAM moves forward to help customers affected by floods, launches debt relief measures, reduces interest rates, hoping to alleviate the suffering of customers and allow them to recover and return to normal life as soon as possible.

Miss Narthanaree Rattapat Managing Director of Sukhumvit Asset Management Co., Ltd. (SAM) orSAM Revealed that SAM is responding to government policy by issuing measures to help and relieve the suffering of SAM debt restructuring customers who are in the process of paying installments according to the contract and have been affected by the recent floods. With the measure of suspending the repayment of principal and/or repaying interest at a rate of 50% for a period of 4 months, customers can notify their intention to join the project from today until 30 December 2567.

“We have helped SAM customers in this group, approximately 300 in number, recover and return to their lives or businesses as quickly as possible. After customers submit their applications and review all documents, they can know the results of the consideration within 7 business days and immediately enter the debt repayment deferment measure. However, if the debt repayment deferment period has expired and customers are still unable to return to normal debt repayment, they can negotiate to find other suitable solutions together.” Ms. Nartnaree added

In addition, SAM has also issued relief measures and assistance for debt restructuring customers of other SAM groups that were not affected by the floods. This is by inviting and giving opportunities to NPL customers in the housing loan and SME business loan categories to negotiate, consult and talk in a friendly manner through the project. "SAM adjusts debt to be happy” Under the appropriate options and special offers according to the ability, for example, if the customer chooses to pay off the debt by closing the account within 6 months, all new interest will be waived. Or if choosing the installment payment type, in addition to the installment period of up to 6 years, they will also receive a new interest rate of 0% during the installment payment for up to 6 months. The conditions are as specified by SAM.

"project "SAM adjusts debt to be happy” The objective is to help SAM's debt restructuring customers move forward with fair interest rates and offers. This is considered a support for the government's and the Bank of Thailand's (BOT) policies in solving household debt problems sustainably according to the responsible and fair lending measures that must take care of and help debtors with problems by restructuring their debts to the fullest extent possible, and in line withvision ofSAM, a state-owned asset management company, plays a role in supporting the people and the business sector to recover sustainably."

For credit card, cash card and unsecured personal loan customer groups with a non-performing loan (NPL) status, overdue for more than 120 days (according to the credit bureau report for the current month, the status is overdue from 121-150 days or more)

SAM continues to assist this group of customers through “Debt Clinic Project by SAM” Under a relaxed interest rate of only 3-5 percent per year and a maximum repayment period of 10 years, there are 3 debt restructuring options:

1. Installments not exceeding 4 years, interest rate 3% per year.
2. Installments over 4 years, not more than 7 years, interest rate 4% per year.
3. Installments over 7 years, not more than 10 years, interest rate 5% per year.

with the qualifications of the applicant That is, being a natural person with income Not more than 70 years of age with total debt not exceeding 2 million baht

SAM NPL debt restructuring customers can inquire for more details at Call Center 1443 or 02-686-1800, website www.sam.or.th  Including the Facebook channel SAM Sukhumvit Asset Management Company

Customers with credit card, cash card and personal loan debts can apply to join. “Debt Clinic Project by SAM” Through online channels, including websites www.debt clinic.com Or add Line @debtclinicbysam and Facebook Debt Clinic by SAM, including Call Center 1443 or walk-in to the Debt Clinic office on the 4th floor of The Avenue Ratchayothin Shopping Center (Glass Elevator Zone), Phahon Yothin Road, Chatuchak District, Bangkok (BTS Ratchayothin Station). Open daily from 9.00:19.00 a.m. to XNUMX:XNUMX p.m.

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