SC Jeil Bank "2.1% Interest Rate Offered to First-Time Customers with 1-Year Fixed Deposit"

[Asia Economy Reporter Song Seung-seop] SC First Bank announced on the 3rd that it will offer a special interest rate of 2.1% to customers who subscribe to a 12-month fixed deposit.

The subscription amount must be between 30 million KRW and 2 billion KRW. For existing customers, the increased amount compared to the previous month is used as the basis. The event is operated with a total limit of 100 billion KRW, and it will end early if the limit is exhausted. The period is until the end of this month.

Along with this, interest rates on savings and deposits will also be raised. For the ‘e-Green Save Deposit,’ the interest rate will increase by up to 0.4 percentage points. On the 6th, interest rates for fixed deposit products such as Dream Fixed Deposit and Home & Save Deposit will be raised by 0.2 to 0.25 percentage points. For installment savings products, the First Household Savings interest rate will increase by 0.25 to 0.35 percentage points, and the Do Dream Savings interest rate will be raised by 0.2 to 0.3 percentage points.

Bae Soon-chang, Head of Deposit Products at SC First Bank, emphasized, “By reflecting the Bank of Korea’s base rate hike in savings and deposit interest rates as soon as possible, we have increased benefits that customers can feel,” adding, “We will continue to strive to ensure that the benefits of interest rate hikes return to our customers.”