Siam Digital Lending 2.1.0

The SiamDL Unsecured Personal Loan offers a straightforward pathway to financial flexibility, designed to meet diverse needs with minimal hassle. While the process emphasizes convenience, it is important to consider the detailed terms and conditions before proceeding.

Key details include:

• Repayment periods range from 3 to 30 months.
• The maximum Annual Percentage Rate (APR) is set at 25%.
• For example, a loan of 100,000 Baht with a 25% interest rate over 12 months results in monthly installments of approximately 9,504.42 Baht, inclusive of principal and fees. Interest calculations are based on the actual number of days in each period, starting after the initial interest accrual from the fifth day post-approval.

Consider the following scenarios for illustrative purposes:

1. On Schedule Payment: Paying 9,504.42 Baht on April 15th reduces the principal by approximately 7,381.13 Baht, with interest accrued at 2,123.29 Baht. The remaining principal after this payment would be roughly 92,618.87 Baht.
2. Early Payment: Making the same payment on April 13th slightly reduces interest to approximately 1,986.30 Baht due to earlier settlement, and the principal decreases accordingly to about 92,481.88 Baht.
3. Late Payment: If payment is deferred until April 17th, interest increases marginally by approximately 136.98 Baht for the overdue period, with the principal remaining at about 92,618.87 Baht.

SiamDL maintains a comprehensive privacy policy detailing data collection, use, and sharing practices, available at siamdl.co.th/en/privacy-policy.

The lending framework departs from traditional banking constraints by offering approvals up to five times an individual's average monthly income or a maximum of 200,000 Baht—whichever is lower—without requiring collateral. Repayment terms are flexible, spanning up to 30 months.

The platform ensures a rapid and efficient experience with approval decisions issued within approximately 15 minutes. All transactions are managed through a secure digital environment that complies with regulations supervised by the Bank of Thailand and adheres to the Personal Data Protection Act.

Transparency is prioritized through clear interest rates and supportive services such as debt counseling. Loans are accessible even to those with modest incomes; options start from as low as 12,000 Baht.

Interest rates are calculated on a reducing balance basis with an effective annual rate not exceeding 25%, in accordance with local regulatory standards. Daily interest calculations follow calendar year conventions as mandated by authorities.

Terms and conditions apply as specified by SiamDL. This platform aims to serve as a reliable partner in fostering financial empowerment for all users.