What is a car pledge?

A Car pledge [รับจำนำรถยนต์, which is the term in Thai] is a way to get a top-up credit on your current vehicle advance. It is a fantastic choice on the off chance that you need reserves rapidly for some other monetary prerequisite.

Am I qualified for an advance against vehicle?

You are qualified just in the event that you have as of now taken a vehicle credit and paid EMIs on that advance reliably.

In the event that you’ve taken a vehicle advance from a financial institute, you can apply for a credit against a vehicle gave you have a reasonable installment record for somewhere around nine months. You can likewise apply for this top-up credit, in the event that you have a financial balance with a financial institute and have taken a vehicle advance from another bank.

What amount advance would I be able to get?

The measure of credit against the vehicle relies upon your reimbursement history, the worth of your current vehicle advance, and different variables like the model and age of the vehicle.

You can get a credit against a vehicle of up to 150 percent of the first advance worth of the vehicle.

What are the advantages of an advance against a vehicle?

A top-up credit against a vehicle is generally simpler to get, particularly in the event that you have a decent history with your bank. It is likewise an approach to get reserves quicker.

How would I apply for a credit against a vehicle?

Contact your bank to ask and take a look at your qualification. You can take a look at your qualification for a financial institute.

The bank might require a valuation or examination of the vehicle against which you are taking the credit.

What archives do I require for an advance against the vehicle?

You should submit verification of pay, age, personality, and address.

In case you are a salaried individual, give your new compensation slips and form as confirmation of payment.

In case you are independently employed, present the most recent personal forms or duty appraisal requests.

If you want info on Car pledge Samut Prakan [รับจำนำรถ สมุทรปราการ, which is the term in Thai], please click on the link.