Legal Issues in Electronic Loan Agreements: A Case Study of Student Loan Funds


  • Montian Saengtim College of Digital Innovation Technology, Rangsit University
  • Chutima Beokhaimook College of Digital Innovation Technology, Rangsit University


Student Loan Fund, Electronic Contract, Electronic Data, Electronic Transaction


              The study focuses on analyzing the electronic contracting process of the Student Loan Fund, by investigating the various legal issues related to electronic loans and providing solutions to mitigate them for the Student Loan Fund Office in the future.     This qualitative research was conducted by studying related research papers, journals, theses, and related laws and acts as well as interviewing experts in electronic transactions law, along with executives of the Student Loan Fund Office of the Information Technology Department, Legal Department, Litigation and Enforcement Department, and the judge of the Appeals Court.

              It was found that the binding and enforcement of electronic loan agreement to borrowers was not a problem. On the other hand, the listening to and weighing of evidence in electronic form, the electronic signatures of borrowers, guardians, surety, and electronic identification and authentication, were still problems in the electronic contracting process under the electronic loan agreement of the Student Loan Fund. Therefore, the preparation that should be made involved auditing and management control of the information technology system as well as the compliance of the system with information technology standards. In addition, the preparation for personnel to have knowledge and expertise, especially in the field of electronic transaction law to support future operations was essential.


Download data is not yet available.


Bank of Thailand. (2016, 6 July). Regulations on Acceptance of Deposits or Money from the Customers (Notification No. FPG. 7/2559). Bangkok: Author.

Electronic Transactions Act, B.E. 2544. (2001). Royal Gazette. Vol.118 Part 112a, pp. 26.

Electronic Transactions Act (No. 4), B.E. 2562. (2019). Royal Gazette. Vol.136 Part 67a, pp. 203.

Electronic Transactions Development Agency. (2018). ETDA recommendation on ICT standard for electronic transactions: Digital identity guideline for Thailand – Enrolment and identity proofing digital (version 1.0) and identity guideline for Thailand (authentication version 1.0). Bangkok: ETDA.

Kovit Nhooyome. (2008). Admissibility of electronic records as evidence in civil cases (Master’s thesis). Thammasat University. Bangkok.

Office of the Council of State. (1992). Civil and Commercial Code, B.E. 2535, (1992). Royal Gazette. Vol.169 Part 42, 106-107.

Pitsarn Phanwattana. (2019). The reliability of an electronic document for witness evidence. Journal of Criminology and Forensic Science, 5(1), 142-161.

Sansern Siriwan.(2011).Problem on admissibility of evidence in electronic contracts (Master’s thesis). Bangkok University. Bangkok.

Student Loan Fund. (2019). Student loan fund manual for academic year 2019. Retrieved June 17, 2019, from

Suthada Watthanawichian. (2011). Listening and weighing of evidence in electronic form. Bangkok: National Justice Academy, Office of the Judiciary.

Vichuda Rattanapian. (2014). Legal trouble regarding the electronic contracts. Bangkok: National Justice Academy, Office of the Judiciary.



How to Cite

Saengtim ม., & Beokhaimook ช. . (2021). Legal Issues in Electronic Loan Agreements: A Case Study of Student Loan Funds. Research and Development Journal Suan Sunandha Rajabhat University, 13(1), 185–198. Retrieved from



Research Articles