Hana Bank "Haetsalron15 Customers, 1% Cashback on Loan Balance"

[Asia Economy Reporter Bu Aeri] Hana Bank will implement an 'Interest Cashback Hope Program' for one year for borrowers using the 'Haetsallon15' product. On the 17th, Hana Bank announced that it has decided to cashback an amount equivalent to 1% of the loan balance of customers using the 'Haetsallon15', a financial product for low-income earners.

The interest rate of this product is determined by combining the guarantee fee rate of the National Happiness Fund and the bank's interest rate (4.5% or 5.0%). Existing customers will receive a cashback in Hana Money equivalent to 1% of the loan principal for a period of one year from the loan issuance date (cashback for the elapsed period if less than one year and monthly cashback for the remaining period). New customers will receive a cashback equivalent to 1% of the loan balance divided monthly for one year from the issuance date. Hana Money can be converted to cash through the banking app, etc.

This Interest Cashback Hope Program is planned to be fully implemented in March after system testing. A Hana Bank official said, "It will be applied uniformly to both existing and new customers without a separate application," adding, "We will fulfill the bank's social responsibility through continuous support for financially vulnerable groups."