If All Preferential Rates (Up to 3.75%) Are Applied,
36-Month Maximum Annual Interest Rate Expected to Reach 5.35%
BNK Kyongnam Bank announced on the 26th the launch of the "Bucket List Installment Savings," which is automatically terminated when the target amount is reached, without waiting for maturity.
The Bucket List Installment Savings allows for "automatic termination upon achieving the target" if the minimum holding period (6 months) has passed and the target amount (mandatory) set at the time of subscription is reached. Both the agreed interest rate and preferential rate at the time of subscription are applied.
The preferential interest rate conditions are: ▲Achieving the target amount (3.50%) ▲Consent to receive marketing and mobile messages (0.25%). If both are met, a maximum preferential rate of 3.75% is offered.
If both the base and preferential rates are applied, you can expect up to an annual interest rate of 5.35% (based on 36 months, pre-tax).
You can subscribe in monthly units from 12 to 36 months, and make monthly deposits in increments of 10,000 KRW, from a minimum of 10,000 KRW up to 1,000,000 KRW.
Subscription is available through the BNK Kyongnam Bank mobile banking app and at branch counters.
Especially when subscribing via mobile banking, you can select a goal concept with various icons such as travel, buying a house, or love for grandchildren, or directly enter your desired goal with up to 8 characters.
In addition, the goal achievement process image changes automatically at each stage, allowing you to check your current progress toward the goal.
A representative from the Digital Marketing Department stated, "We will continue to strive to meet the diverse needs of our customers and provide differentiated services. We hope to see continued interest in the Bucket List Installment Savings, which is being offered with a limit of 10,000 accounts until December 31."
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