On May 12, KB Kookmin Bank announced the launch of the "KB Sajangnim Plus Savings," a new product offering a maximum annual interest rate of 6.0% to expand financial benefits for small business owners.
This product is designed exclusively for individual business owners to help them accumulate a lump sum of money. Preferential interest rates are provided to individual business owners who receive sales settlement funds, such as card merchant payments, delivery platform proceeds, or online marketplace revenues, into their KB Kookmin Bank accounts.
The base interest rate is 2.0% per annum. Customers can receive up to 6.0% per annum by combining a 2.0 percentage point preferential rate for sales settlement deposits, a 1.0 percentage point "Sajangnim Welcome" preferential rate, and a 1.0 percentage point event preferential rate.
The contract period is six months, and customers can make flexible monthly deposits ranging from 1,000 KRW to a maximum of 500,000 KRW.
A KB Kookmin Bank representative stated, "We hope this product will provide at least some support for small business owners in accumulating funds," adding, "We will continue to offer a variety of financial solutions tailored to the needs of small business owners."
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