KEB Hana Bank Launches 'Geubyeo Hana Monthly Compound Interest Savings'... Up to 4.1% Annual Interest Rate

Providing up to 4.1% Annual Interest Rate with Special Rates for Young Office Workers

[Asia Economy Reporter Kim Min-young] KEB Hana Bank announced on the 21st that it will offer the 'Geupyeo Hana Monthly Compound Interest Savings' for young employees taking their first steps into society.

Individuals with real names can freely save up to 1.5 million KRW per quarter. The subscription period can be chosen from 1, 2, or 3 years.

As of today, the interest rate for a 1-year term includes a basic rate of 1.5% per annum, a preferential rate of 1.3% per annum, and a special rate for young employees of 1.3% per annum, allowing for a maximum annual rate of 4.1%.

The preferential rate consists of a 1.2% per annum salary transfer preferential rate and a 0.1% per annum online and reinvestment preferential rate. The special rate of 1.3% per annum for young employees is provided only for 1-year savings accounts for employees aged 35 or younger who joined the company this year. They must meet conditions of salary transfer for more than 6 months and monthly spending of at least 300,000 KRW on a Hana Card.

In cases of special early termination due to reasons such as resignation, startup, marriage, or home purchase, the basic interest rate benefits according to the contract period at the time of subscription will be provided.