Social Security Office Advances Labor Ministry Policy with 'Social Investment Program' to Support Insured Workers
Thailand's Social Security Office is launching a 'Social Investment Program' offering 30 billion baht in low-interest business loans through seven banks and 4 billion baht in housing assistance to flood-affected workers in nine southern pro
Kanjana Poolkaew, secretary-general of the Social Security Office, revealed that in response to Labor Minister Chulphan Amornvivat's policy aimed at mitigating the impact of the global economic crisis, the Social Security Office is accelerating the 'Social Investment Program' to provide concrete assistance to both insured workers and business operators.
To enhance business liquidity, the Social Security Office has partnered with seven banks—the Bank for Agriculture and Agricultural Cooperatives, Bangkok Bank Public Company Limited, Thai Export-Import Bank, Krung Thai Bank Public Company Limited, UOB Bank Public Company Limited, Thai Credit Bank Public Company Limited, and Thai Military Bank Public Company Limited—allocating a combined 30 billion baht to support credit for businesses to maintain liquidity and preserve employment levels. Loan amounts range from no more than 15 million to 50 million baht according to business size, with fixed interest rates not exceeding 2.35% annually for secured loans and 4.75% for unsecured loans during the first three years.
From the fourth year onward, interest rates follow each bank's standard terms. Participating businesses must maintain continuous social security contributions for at least 12 months and maintain employment at no less than 80%. Applications are accepted from July 3, 2025, to December 30, 2026, or until funds are exhausted, whichever comes first. Businesses can apply through the Social Security Office website at www.sso.go.th to obtain a business status certificate before contacting participating banks. To date, 1,071 businesses have been approved for credit totaling 11.35 billion baht, preserving employment for 137,986 workers.
Simultaneously, the Social Security Office has partnered with Government Housing Bank to assist insured workers affected by flooding in nine southern provinces with a maximum allocation of 4 billion baht. The program covers insured workers under categories 33, 39, and 40 for home repairs or construction. Repair loans cap at 500,000 baht and new construction at 2 million baht, with special interest rates of just 1.59% annually for the first five years, then MRR minus 2% for years six through eight, and MRR minus 0.5% from year nine onward.
Eligible applicants must own residential property in affected areas, and those in category 40 must have contributed for at least six of the previous 12 months. Applications are accepted from January 29, 2025, to July 31, 2025, or until funds are exhausted. Applicants must obtain an insured worker status certificate from the Social Security Office nationwide before submitting applications to Government Housing Bank for approval.
Kanjana emphasized that the Social Security Office remains committed to implementing the Social Investment Program to alleviate the financial burden on insured workers while supporting business continuity.
