Announcement from the Contract Committee Regarding the car and motorcycle hire purchase business as a contract-controlled business, the interest rate for hire-purchase loans is set at a discounted rate, i.e. interest is calculated from the remaining principal in each installment. And according to market forces, new cars do not exceed 10% per year Used cars not more than 15% per year and motorcycles not more than 23% per year. The interest rate may be adjusted in accordance with the economic conditions of the country every 3 years.

If the tenant wants to pay all the money at once to close the account. The lessor must provide a discount. In the case of installment payment, not more than 1/3 of the installment in the contract to receive a discount of not less than 60% of the interest that has not yet been due And in the case of more than 2 in 3 of the payment, you will receive all discounts on interest that have not yet been due. This will take effect around January 10, 2023. to continue to be in force.

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