OK Savings Bank Launches OK Determined One-Month Installment Savings with Up to 20.25% Annual Interest Rate

Set Your Goal and Save for 30 Days
Basic Annual Rate of 4%...
Up to 20.25% per Year with Preferential Conditions

OK Financial Group's main affiliate, OK Savings Bank, announced on the 27th that it has launched an ultra-short-term savings product called 'OK Jaksim Handal Savings.' This product offers a basic interest rate of 4% per annum, with a maximum interest benefit of up to 20.25% per annum upon meeting preferential conditions.

OK Jaksim Handal Savings is designed to meet the demand of financial consumers who prefer small-amount, short-term deposit products. Customers can choose to save either 5,000 KRW or 10,000 KRW daily for a 30-day subscription period. The basic interest rate is 4% per annum (before tax).

If all 30 installments are paid and the account is closed at maturity, a preferential interest rate of 15.25 percentage points per annum (before tax) is provided. Additionally, if the customer agrees to marketing, an extra preferential interest rate of 1 percentage point per annum is applied, resulting in a total interest benefit of 20.25% per annum.

Subscriptions can be made through the mobile app 'OK Savings Bank.' Detailed information is available on the OK Savings Bank website, customer center, and mobile app.

The company explained that this product was planned to help customers achieve their goals this year. The preferential interest rate is provided regardless of whether the goal is achieved.

An OK Savings Bank representative stated, "We are planning various products that allow anyone to easily join and enjoy the pleasure of saving without the burden of locking funds for a long period." He added, "We will continue to expand products and services that meet customer demands."