GH Bank Launches 'Baan Khon La Lang PLUS' Loan Scheme
The Government Housing Bank (GH Bank) has introduced a new mortgage program offering interest rates starting at 2.60% for homes priced under 3 million baht.
The Government Housing Bank (GH Bank) has officially opened registration for its 'Baan Khon La Lang PLUS' mortgage scheme. According to Prachachat Business, the program is designed for residential properties priced at no more than 3 million baht.
Key features of the loan include a low interest rate for the first five years, starting at 2.60% per annum. Borrowers can benefit from a monthly installment plan starting at 3,600 baht per million, with a maximum loan term of 40 years. This initiative is available at all GH Bank branches nationwide.
For residents, this program may offer a more accessible pathway to homeownership through reduced initial financial burdens. Travelers or those considering long-term relocation to Thailand should note that this is a domestic financial product aimed at property acquisition; it does not constitute advice on residency or investment eligibility.
Interested applicants can apply from now until December 30, 2030. However, the availability of the scheme is subject to the total budget allocated for the project. Potential borrowers should confirm with their local GH Bank branch whether the funding remains available before proceeding with their application, as the bank has indicated the program will run until the specified date or until the allocated budget is fully utilized.
