ATS PICO

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.