Policy, Promotion, and Supporting Measures

3.4 Financial Institution Support Measures

        Many financial institutions offered various forms of loans, both for residential solar power system installation and for commercial businesses. For example, there were specific loans for investing in solar power systems equal to the required investment amount, with a repayment period of 7-8 years, assessed from the break-even point, and loans that require guarantees or income verification, where the borrowing criteria, credit limits, and repayment periods were not different from general loan criteria, but with special interest rates that varied across different financial institutions. Examples of various types of solar rooftop loans can be shown in Table 3.7 for commercial business and Table 3.8 for residential housing.

Table 3.7 Examples of Loan Program for Solar Rooftop Installation in Commercial Enterprises
Financial Institutes Program Credit Limit Repayment Period
bbl_logo Bangkok Bank (BBL) Bualuang Green Loan Not exceeding 50 million baht Maximum 8 years
ktb_logo Krungthai Bank (KTB) Business Loan for Energy Conservation and Environment Small businesses with sales not exceeding 100 million THB Maximum 7 years
  • Not exceeding
    3 million THB in case of personal guarantee
  • Not exceeding
    10 million THB in case of Thai Credit Guarantee Corporation (TCG) guarantee
Medium or large businesses with sales exceeding 100 million THB Maximum 7 years
  • Not exceeding
    5 million THB in case of personal guarantee
  • Not exceeding
    20 million THB in case of Thai Credit Guarantee Corporation (TCG) guarantee
ktb_logo Kasikorn Bank (K-Bank) Solar Rooftop Loan 100% Maximum 8 years
ktb_logo TMBThanachart Bank (TTB) Solar Rooftop Installation Loan 100% Maximum 8 years
gsb_logo Government Savings Bank (GSB) GSB Go Green for BCG Economy Collateral Credit Limit. For individuals, the credit limit will be 1 million THB or more. Maximum 10 years
icbc_logo ICBC (Thai) Hire Purchase Loan for Solar Rooftop Installation 100% Maximum 7 years
Note:
- Data surveyed October 2024 - January 2025
- Loan information may change. Interested parties should contact financial institutions for product details.”
Table 3.8 Examples of for Residential Solar Rooftop Installations
Bank Program Credit Limit Repayment Period
bbl_logo Bangkok Bank (BBL) Bualuang Phunphon Green Loan Loan amount according to
collateral, maximum not exceeding 10 million THB
Maximum 10 years
krungsri_logo Bank of Ayudhya (Krungsri) Krungsri Home for Cash Loan
for Solar Roof Installation
100 % 3-30 years
ktb_logo Kasikorn Bank (K-Bank) Solar Cell GREEN ZERO Loan 100 % Maximum 30 years
missib_logo Missib Leasing Solar Rooftop Loan Loan amount according to collateral Maximum 7 years
SakSiam_logo Sak Siam Leasing Solar Rooftop Loan 100%, maximum not exceeding 1 million THB Maximum 8 years
gsb_logo Government Savings Bank (GSB) GSB Go Green
  • Without collateral: 10 times total income but not exceeding 500,000 THB
Maximum 7 years
  • With property as collateral: 5,000,000 THB
Maximum 7 years
ghbank_logo Government Housing Bank (GH Bank) Solar Roof Loan Loan amount according to collateral criteria or income criteria 3-10 years
icbc_logo ICBC (Thai) Hire Purchase Loan for Solar Rooftop Installation 100% Maximum 7 years
Note:
- Data surveyed October 2024 - January 2025
- Loan information may change. Interested parties should contact financial institutions for product details.