Cash rebate to house buyers gets underway
The Government Housing Bank on Friday (December 20) started transferring Bt50,000 in cash rebate to each of the qualified registrants under the government's "Baan Dee Mee Down" campaign to encourage house purchases.
The registration period of the campaign is scheduled from December 11 to March 31, 2020. There were 71,531 registrants as of December 18, according to the bank's president Chatchai Sirilai.
The government launched this campaign to reduce home-purchase costs with the offer of Bt50,000 in cash-back to each buyer on the down payment.
To be eligible, the buyer must have a monthly salary not exceeding Bt100,000 and included in the Revenue Department's tax database of around 100,000 individuals under this category.
