ATS PICO
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| Rating | |||
|---|---|---|---|
| Thailand | 100%34 | 4.09 |
Description
ATS PICO is a provincial-level microfinance loan regulated by the Ministry of Finance (Pico Finance)
Eligibility Criteria
Age: 20 – 65 years
Must have a household registration or reside or work in the same province as an ATS PICO office
Must have a regular income according to the company’s requirements
Loan Amount
Maximum loan amount: 100,000 THB
Interest Rate
Loan amount not exceeding 50,000 THB: Interest rate not more than 36% per year
Loan amount exceeding 50,000 THB: Interest rate not more than 28% per year
Key Features
Easy and fast application process, ideal for those who need quick cash for personal expenses
Support customers with diverse income sources, such as salaried employees, self-employed individuals
Apply online or at ATS PICO branches
No transaction fees
No collateral or guarantor required for unsecured loans
Guaranteed legal compliance, certified by the Ministry of Finance
Additional Conditions
Must provide proof of income, such as a salary slip, bank statement
Maximum installment period is up to 24 months (depending on loan amount and approval conditions)
Minimum monthly installment is 300 THB
Choose your preferred payment date, either the 2nd or the 17th of each month.
Example of Loan Interest Calculation
Assuming a loan transaction is made on February 1, 2026, the customer signs a loan agreement for 10,000 baht.
Repayment over 3 months, interest rate 36% per annum.
Payment date chosen: 2nd of the month.
First Installment: 3,535.30 baht, Interest Fee: 190.68 baht, Reduced Principal: 3,344.62 baht.
Second Installment: 3,535.30 baht, Interest Fee: 135.66 baht, Reduced Principal: 3,399.62 baht.
Final Installment: 3,319.96 baht, Interest Fee: 64.22 baht, Reduced Principal: 3,255.74 baht.
Total Interest payable: 390.57 baht.