National Savings Fund Promotes Auto-Debit Savings at 300 Baht Monthly

The National Savings Fund (NSF) is inviting members to enroll in Direct Debit automatic monthly withdrawals of a minimum 300 baht on the 5th of each month to solve the problem of forgetting to save and ensure they receive government matching contributions. The NSF is upgrading its services to build a savings discipline that is easy and accessible to all target groups, and is inviting informal workers and members to register for automatic monthly bank account debit service (Direct Debit) with a minimum of 300 baht. The new debit date is set for the 5th of each month, starting September 2025, while highlighting the government's matching contribution benefit of up to 100 percent. The primary goal is to encourage informal workers—including traders, farmers, freelancers, students, and workers—to have sufficient pension savings for retirement. Saving at the start of the month promotes better financial discipline. The NSF has adjusted the automatic debit date for new members to make saving an easy and stable part of daily life. For new members registering between July 27–31, 2025, automatic debit will begin on August 5, 2025. Those registering after July 31 will have debit begin on the 5th of the following month, to align with when most people receive their monthly income. Existing members who have already enrolled in automatic debit can keep their current schedule on the 20th of each month, or request to change their debit cycle through their bank. The NSF believes this change will help members manage their savings more systematically. Saving with the NSF is not just depositing money—it is investing in the future with government support. Members receive government matching contributions by age bracket, up to 100 percent or no more than 1,800 baht per year, and all savings can be fully deducted from income tax. Those interested in joining the NSF or switching to automatic Direct Debit can register through any branch of four state banks: Bank for Agriculture and Agricultural Cooperatives (BAAC), Government Savings Bank, Government Housing Bank (GHB), and Krung Thai Bank nationwide. For more information, contact the Savings Hotline at 02-049-9000 or Line @nsf.th, or visit www.nsf.or.th. "You save, the state helps you save, you get a pension."