KB Non-face-to-face Small Business Loan Interest Rate Reduced to 4.62%

KB Kookmin Bank announced on the 27th that it will increase the preferential interest rate of the 'KB Non-face-to-face Small Business Loan' by up to 0.5 percentage points.

The KB Non-face-to-face Small Business Loan is a non-face-to-face credit loan exclusively for individual business owners, allowing applications 24/7 throughout the year, with a maximum loan amount of 100 million KRW and no early repayment fees.

The minimum interest rate of the existing KB Non-face-to-face Small Business Loan was 5.12% (based on credit grade 1), but with the 0.5 percentage point increase in the preferential interest rate, it has been lowered to 4.62%. Customers who take out a loan of 100 million KRW can save 500,000 KRW annually in interest costs compared to before.

KB Kookmin Bank also plans to hold a 'Small Business Support Fund Event' next month for customers who receive the KB Non-face-to-face Small Business Loan. Among customers who take out the loan and enter the event, support funds of up to 1 million KRW will be awarded through a lottery.

A KB Kookmin Bank official said, "We will continue to make efforts to prepare various support measures to alleviate the difficulties of small business owners."