Officials make it clear that only those with late debt repayments can be deducted.
PUBLISHED: 10 Apr 2025 at 08: 30
NEWSPAPER SECTION: News
According to Nanthawan Wongkhachornjit, the manager of the fund, the Student Loan Fund ( SLF ) will begin deducting an additional 3, 000 baht per month from the salaries of borrowers who have overdue their payments.
After word of a notice from the Fund to companies about an additional 3, 000 baht per quarter went viral, she was responding to concerns among consumers. Despite making standard payment, some people questioned why they were subject to the extra exemption.
According to Ms. Nanthawan, the additional deduction will only apply to borrowers who have not paid their outstanding debts by July of each year, so the Fund will have to subtract the remaining amount from their wages starting in April.
She said that SLF mobile users may check the borrower’s actual overdue debt amount. They can likewise change the terms of their money through the bank’s website.
Borrowers can stretch the timeframe for their repayments by up to 15 years, she continued.