LEND U

LEND U Powered by DAOL LENDNote: For the company that contracts as an alliance with DAOL LEND onlyAn application for applying for welfare loans through a complete online system in one place. both identity verification loan application and checking credit information, whether it is the remaining principal Number of installments already paid monthly payment or due date There is also a menu. “Financial records” to control and track your expenses. Including advice on quality money management with a "lesson" menu that will help in financial education. Debt Management and InvestmentApply for a loan anytime, anywhere in 5 steps1. Enter your mobile number2. Enter company code and get OTP3. Verify your identity with your ID card.4. Choose to apply for a loan5. Press confirm and agree to the loan agreement.• Minimum and maximum period for repaymentInstallment 6-24 months• Maximum Annual Percentage Rate (APR)Interest rate up to 25%Example of Calculating Interest and Fees for DAOL LEND BenefitsIf the loan is approved and the contract dated 25 Sep 64- Credit limit 20,000 baht- The amount to receive is 20,000 baht. No fee for applying for a loan.- 15% interest per annum, reduce the interest rate- 12 months repayment period- Pay every 25th of the monthso- 25 Oct. 21 payment amount = 1,805.17 baht (principal = 1,555.17 baht , 30-day accumulated interest = 20,000*15%*31/365= 250.00 baht) outstanding principal = 18,444.83 baht- 25 Nov. 21 payment amount = 1,805.17 baht (principal = 1,574.61 baht , 30 days accumulated interest = 18,444.83 *15%*30/365=230.56 baht), remaining outstanding balance=16,870.23 baht- 25 Dec. 64 Payment amount = 1,805.17 baht (principal = 1,594.29 baht , 30 days accumulated interest = 16,870.23 *15%*30/365=210.88 baht), remaining outstanding balance=15,275.94 baht- 25 Jan. 20, payment amount = 1,805.17 baht (principal = 1,614.22 baht , accumulated interest 31 days = 15,275.94 *15%*31/365=190.95 baht), remaining outstanding principal=13,661.72 baht- 25 Feb. 65 payment amount=1,805.17 baht (principal=1,634.39 baht , 31 days accumulated interest=13,661.72 *15%*31/365=170.77 baht) Remaining outstanding principal=12,027.33 baht- 25 Mar. 20, payment amount = 1,805.17 baht (principal = 1,654.82 baht , 28 days accumulated interest = 12,027.33 *15%*28/365=150.34 baht), remaining outstanding balance=10,372.50 baht- April 25, 16 payment amount = 1,805.17 baht (principal = 1,675.51 baht , accumulated interest 31 days = 10,372.50 *15%*31/365=129.66 baht) Remaining outstanding principal=8,696.99 baht- May 25, 65, payment amount=1,805.17 baht (principal=1,696.45 baht, 30-day cumulative interest=8,696.99 *15%*30/365=108.71 baht), remaining principal balance=7,000.54 baht.- June 25, 20, payment amount = 1,805.17 baht (principal = 1,717.66 baht, 31 days of accumulated interest = 7,000.54 *15%*31/365=87.51 baht), remaining principal = 5,282.88 baht.- 25 Jul. 20, payment amount=1,805.17 baht (principal=1,739.13 baht, 30-day accrued interest=5,282.88 *15%*30/365=66.04 baht), remaining outstanding principal=3,543.75 baht.- 25 Aug. 19, payment amount=1,805.17 baht (principal=1,760.87 baht, 31 days of accumulated interest=3,543.75 *15%*31/365=44.30 baht), remaining principal balance=1,782.88 baht- 25 Sep. 20, payment amount=1,805.17 baht (principal=1,782.88 baht, 31 days of accumulated interest=1,782.88 *15%*31/365=22.29 baht), remaining principal balance=0.00 baht.Therefore, the total amount to be paid is 21,661.99 baht, which is an interest of 1,661.99 baht from the principal amount of 20,000 baht with an interest rate (APR) of 15% per year, reducing the interest rate.*The example is just a preliminary calculation. The numbers may change depending on the criteria set by the company.** Numbers may differ from the decimal point. You can check from the attached table.