KB Kookmin Bank Raises Non-Face-to-Face Credit Loan Limit for Small Business Owners to 200 Million Won

Launch of Free Card Sales Provision Service

KB Kookmin Bank announced on June 16 that it will increase the maximum limit for non-face-to-face credit loans for individual business owners to 200 million won. The bank is also launching a free card sales provision service to help card merchants manage their funds and sales.

To enhance convenience for small business owners who are busy with their livelihoods, Kookmin Bank has raised the loan limit for its non-face-to-face product, 'KB Small Business Owner Credit Loan,' from the previous 100 million won to up to 200 million won. Eligible applicants are individual business owners who have been in operation for at least one year, and as of June 9, the minimum annual interest rate is 3.43%.

In addition, for individual business owners who are card merchants, the bank will provide the 'Woorigage Card Sales' service free of charge, allowing them to easily manage card sales information. Through KB Star Banking notifications, individual business owners can receive information such as card sales amounts, deposit amounts, and deposit hold amounts, enabling them to efficiently track daily and monthly sales trends.

A representative from KB Kookmin Bank stated, "We expect that expanding the non-face-to-face credit loan limit and providing the card sales service will greatly contribute to improving the financial management and convenience of small business owners."

Meanwhile, to commemorate the launch of the 'Woorigage Card Sales' service, KB Kookmin Bank is holding an event until August 17. Customers who apply for service notifications and agree to receive benefit information will be entered into a draw for a 'Business Owner Support Fund' of up to 10 million won. All customers who sign up will receive 1,000 Star Points.