NH Nonghyup Bank Launches Installment Savings Product Offering Up to 7.1% Interest for First 30,000 Accounts on a First-Come, First-Served Basis

'NH Jackpot 7 Installment Savings'
Commemorating the 25th Anniversary of Non-Face-to-Face Exclusive Deposit Launch
Monthly Deposits Up to 300,000 Won

NH Nonghyup Bank announced on November 7 that it will launch the "NH Jackpot 7 Installment Savings" product, offering a maximum annual interest rate of 7.1%, to commemorate the 25th anniversary of its non-face-to-face exclusive deposit product, "e-Banking Deposit."

This product will be available for sale on a first-come, first-served basis for up to 30,000 accounts starting at 9:00 a.m. on November 12, with a maximum monthly deposit of 300,000 won. Customers can subscribe through the NH All One Bank app and at NH Nonghyup Bank branches nationwide.

This product reflects the installment savings interest rate (annual 7.1%) offered at the time of the "e-Banking Deposit" launch in 1999. First-time customers at Nonghyup Bank will receive a preferential interest rate of 3.8 percentage points. If conditions such as not holding any deposit or installment savings accounts in the past six months, salary transfer records, and non-face-to-face subscription are met, a maximum annual interest rate of 7.1% will be applied.

To celebrate the launch, the bank will hold the "Lucky 777 Event" for one month from November 12 to December 12 for customers who subscribe. Through a drawing, a total of 777 winners will receive "Naver Pay Points" and "Baedal Minjok Gift Certificates."

An official from Nonghyup Bank stated, "This product was prepared to commemorate, together with our customers, the 25-year journey of digital financial innovation since the launch of 'e-Banking' in 1999," adding, "We will continue to strive to ensure that more customers can enjoy benefits through customer-oriented financial services."