KBank teams with PSI in unveiling Green Zero home loan, encouraging homeowners to install solar rooftops

KBank teams with PSI in unveiling Green Zero home loan, encouraging homeowners to install solar rooftops while offering zero-interest rate home loan and discount of up to 45,900 Baht

KASIKORNBANK (KBank) has joined PSI Corporation Company Limited (PSI) in encouraging Thai people to save the planet and save on their electricity bills over the long-term by installing solar rooftops to produce electricity for household use. To this end, the Green Zero home loan campaign offers customers interest-free loan for three months, a discount of up to 45,900 Baht and many more privileges. The promotion runs from now until January 31, 2023.

Mr. Chaiyot Tunpisut, KBank First Senior Vice President, said, "KBank has launched the GO GREEN Together Project with the aim of encouraging all Thai people to 'go green' in order to create a comprehensive Green Ecosystem during our transition to a net zero society. Since the implementation of this project at the beginning of 2022, we have teamed with numerous partners across various businesses in a bid to convince Thais to embrace innovative clean energy technologies. For the latest development, KBank has joined PSI, a Thai manufacturer and distributor of solar rooftops, in unveiling the Green Zero home loan campaign to promote the installation of solar rooftops as a source of clean energy for household use in order to cut electricity bills in a sustainable manner."

Mr. Somporn Teerarodjanapong, Chairman of PSI Corporation Company Limited, said, "PSI was a leader in the satellite business for more than 30 years before tapping into the electrical appliance businesses such as CCTV cameras, air conditioners and ozone generators. As part of the company's efforts to promote the efficient generation of solar energy among Thai households, the company has also introduced solar cell sets for solar rooftops under the PSI brand that come with comprehensive service solutions, including design, installation and after-sales service, provided by a professional team at an affordable cost, as an option for customers who are interested in installing solar rooftops with PSI."

The current collaboration on the installation of solar rooftops between KBank and PSI includes:

Green Zero home loan: Anyone who is interested in installing a solar rooftop can request the loan from KBank, with interest-free repayment of up to three months. The maximum credit limit is 90 percent of collateral value, with a repayment period of up to 30 years. Home loan types participating in this campaign include Home to Cash, Home Loan Plus and Home Loan Refinance. Interested persons can apply for the Green Zero home loan at any KBank branch.

Special discounts from PSI: Eligible home loan customers get a discount of up to 45,900 Baht (subject to product model) for solar panel installation as well as a free package of a KU Band OKD satellite dish and S3 set-top box along with installation worth 5,250 Baht when purchasing a PSI product - Solar Roof 1.6KW (single phase) or any higher model. Additional offers include a free onsite survey and installation nationwide.

Special privileges from KBank Credit Card and Xpress Cash Card: Customers who pay for solar rooftop via KBank Credit Card will get a 10-percent cashback when redeeming K Points equal to the spending amount. Those making such payment via Xpress Cash Card will enjoy an interest rate of only 0.59 percent per month for a long installment payment plan of up to 36 months, plus cashback of up to 7,000 Baht.

Interested customers can apply for a Green Zero home loan from today until January 31, 2023, and register their mortgage by February 28, 2023, at any KBank branch. For more details, please visit https://kbank.co/3Ur8ujc or call the K-Contact Center at 02-8888888.