Details

Hire Purchase for car

The service is for any individual and juristic person who wants to buy a new or used car as well as the borrower who wants to re-finance his own car or to take loan against the car’s title. This hire purchase service covering various types of car including sedan with not more than 7 passengers (Ror.Yor. 1), microbus & passenger van with more than 7 passengers (Ror.Yor. 2) and van & pick-up truck (Ror.Yor. 3). The Company provides the loan service for major brands like Toyota, Honda, Isuzu, etc. through the channel of their nationwide dealers. With the team of professionals and experts in providing hire purchase services for both new and used car, the Company is able to provide prompt services with fast approval process in order to respond to and satisfy customer needs.

Apply for a loan

Remark

Terms and conditions of the loan are subjected to the Company’s credit approval criteria.

Qualifications of Applicant

Individual

  1. Applicant or hirer must be 20-60 years old on the contract date.
  2. Applicant or hirer must have a Thai nationality only.
  3. In case of foreigner, the applicant is required to submit the copy of passport ID and work permit which is valid over 3 months and has the remaining validity over 6 months.

Juristic Person

  1. Applicant or hirer who is juristic person that is registered and operated its business in Thailand like a public company limited, private company limited, partnership.

Required documents for loan application

1) Individual Applicant

  • 3 copies of ID card or/Government employee identification card or/State enterprise employee identification card
  • 3 copies of house registration
  • A copy of salary certificate (of the most recent month)
  • A copy of the last 6 month bank statements

2) Juristic Person Applicant

  • 3 copies of certificate of incorporation (with issued date less than 3 months)
  • A copy of company registration
  • A copy of VAT registration certificate (Form Phor.Phor. 20)
  • A copy of list of shareholder’s name (Form Bor.Oor.Jor 5)
  • 3 copies of ID card and house registration of all authorized directors (For company limited)
  • A copy of ID card and house registration of each shareholder who holds over 25% shares of the company limited
  • 3 copies of ID card and house registration of guarantor
  • A copy of the last 6 month bank statements

3) Foreign Applicant

  • 3 copies of passport
  • 3 copies of work permit (mandatory)
  • A copy of salary certificate or salary slip (of the most recent month)
  • A copy of the last 6 month bank statements