Access to liquidity remains a challenge for many vehicle owners in Thailand, particularly in provincial areas where financial channels are limited despite existing asset ownership. Krungthai Card Public Company Limited (KTC) is addressing this gap by expanding its secured personal loan product, “KTC P BERM Car for Cash,” through a partnership with Dhipaya Insurance Public Company Limited.
The partnership is designed to make formal financing more accessible, convenient, and transparent by extending loan services through trusted local channels. It also supports KTC’s broader effort to expand access to formal credit.
The program will initially roll out through more than 140 locations nationwide, including insurance agent offices and vehicle inspection centers, before being evaluated for further expansion. KTC expects the initiative to generate approximately THB 500 million in new loans by the end of this year.
“This partnership reflects our strategy to scale access to secured personal lending through trusted local networks, while maintaining strong underwriting discipline,” said Ms. Phichamon Jitpentham, Head of Personal Loans at KTC.
“By leveraging Dhipaya’s nationwide presence, we are making it easier for vehicle owners to unlock liquidity from assets they already hold — without compromising on credit quality, speed of approval, or customer experience. This is a natural extension of KTC’s approach to delivering responsible lending at scale.”
The partnership extends KTC’s distribution model beyond traditional financial channels, enabling customers to access structured lending solutions through familiar, community-based touchpoints. It also reinforces the company’s strategy to grow its secured loan portfolio while maintaining portfolio quality.
Ms. Supap Pradapkarn, Deputy Managing Director for Sales and Marketing 1 at Dhipaya Insurance Public Company Limited, said the collaboration will expand access to financial solutions that support customers’ day-to-day needs, while also creating additional income opportunities for insurance agents and helping strengthen their long-term business prospects.
“KTC P BERM Car for Cash” is a vehicle title loan designed to help vehicle owners improve liquidity. Customers may receive financing of up to 100% of the appraised value of their vehicle, with approval available within one hour, immediate disbursement upon approval, and no guarantor required.
Interested customers can apply online at www.ktc.co.th/loan/ktc-p-berm, call KTC PHONE at 02 123 5300, visit any Krungthai Bank branch, or contact KTC product advisors nationwide.
Note: Borrow only what you need and can repay. Annual interest rate: 21%-24%.