Saemaeul Geumgo Launches 'MG Hope Sharing Kkangchong Savings' with 10% Annual Interest for Newborns This Year

Saemaeul Geumgo launched the 'MG Hope Sharing Kkangchong Savings' on the 22nd to commemorate its 60th anniversary.

'MG Hope Sharing Kkangchong Savings' is a fixed installment savings account targeted at those born in 2023, offering a basic interest rate of 6.0% per annum and a preferential interest rate of 4.0% per annum, providing a total annual interest rate of 10% for a one-year maturity high-interest product. The preferential interest rate is available to anyone if the maturity automatic transfer is canceled.

This product allows only one account per person at all Saemaeul Geumgo branches. The monthly deposit limit can be set in units of 10,000 KRW, ranging from a minimum of 50,000 KRW to a maximum of 200,000 KRW. Interested applicants can open an account at Saemaeul Geumgo counters starting from this day, with a total sales limit of 60,000 accounts. The branches handling this product can be checked on the Saemaeul Geumgo website.

Park Cha-hoon, Chairman of the Saemaeul Geumgo Central Association, said, "We hope to send congratulations and support to babies born in 2023 and further contribute to overcoming the low birthrate crisis, so that Saemaeul Geumgo can contribute to the development of local communities."