|
Industrial and Commercial Bank of China (Thai) Public Company Limited
|
|
Table 2 Loan Interest Rate 1/
|
|
Effective from ·April 15, 2020
|
|
Unit : Percentage per annum |
|
A. Reference Interest Rates
|
| 1. Interest rate for prime large customers : Term loan type (Minimum Loan Rate) |
MLR |
6.750 |
| 2. Interest rate for prime large customers : Overdraft type (Minimum Overdraft Rate) |
MOR |
7.025 |
| 3. Interest rate for prime retail customers (Minimum Retail Rate) |
MRR |
7.275 |
| 4. Interest rate for prime customers (ICBC Prime Rate) |
ICBC Prime Rate * |
8.000 |
| * Former ACL Prime Rate was changed to ICBC Prime Rate effective from July 9, 2010 onwards. |
|
|
| 5. Maximum interest rate charged on payment made in favor of customer |
|
21.000 |
| 6. Interest rate charged to the loan secured in full by the bank account or bill issued by the bank |
|
|
| - Interest rate quoted for or in pledged bank account or bill plus margin up to 2.50% per annum |
|
|
| |
Unit : Percentage per annum |
|
B. Maximum Interest Rates
|
| B. (1) Consumer loan |
Personal Loan |
|
Housing Loan |
....
|
| With collateral |
Without collateral
(not under supervision) |
| 7. Maximum Interest Rate - Normal case |
14.275 |
16.275 |
11.275 |
............. |
| |
(MRR+7) |
(MRR+9) |
(MRR+4) |
|
| 8. Maximum Interest Rate - Default case |
21.000 |
21.000 |
21.000 |
............. |
| B. (2) Commercial loan |
Overdraft |
Revolving |
Short Term
(< 1 year) |
Long Term
(> 1 year) |
| 9. Maximum Interest Rate - Normal case |
12.275 |
12.275 |
12.275 |
12.275 |
| |
(MRR+5) |
(MRR+5) |
(MRR+5) |
(MRR+5) |
| 10. Maximum Interest Rate - Default case |
21.000 |
21.000 |
21.000 |
21.000 |
| Remark |
| 1/ Exclude the type of loan that the Bank of Thailand stipulates specific criteria |