Hana Bank Launches Online-Only 'Hana OneQ Emergency Loan'

[Asia Economy Reporter Kim Min-young] Hana Bank announced on the 5th that it has recently launched 'Hana One Q Emergency Fund Loan,' an online-only guaranteed small loan product, in response to the increasing demand for financial transactions through non-face-to-face channels.

This emergency fund loan is a digital financial product designed to allow anyone, anywhere nationwide, to easily apply and execute loans 24 hours a day, 365 days a year. It departs from the traditional loan evaluation criteria based on occupation and income, allowing users to utilize a negative account (overdraft loan) method with only a credit rating, with a 1-year maturity (extendable up to 10 years) and a maximum limit of 3 million KRW.

It is also available to those who have difficulty proving income, such as housewives, young adults starting their careers, and small business owners. Limit inquiry takes 90 seconds, and loan execution is possible within 2 minutes.

Additionally, by applying an automatic approval process linked to the SGI Seoul Guarantee Insurance guarantee certificate, the input fields are minimized, and interest rates and limits are automatically calculated, allowing the loan agreement to be completed in one step.

This loan can be checked for limits and executed through four digital channels: the Hana One Q application (app), internet banking, mobile branch, and digital affiliates (PASS, Syrup, Baemin Sajangnim Square, etc.).

A Hana Bank official stated, “Despite the recent difficult social atmosphere, we will prioritize the development and expansion of services for such inclusive finance products to help many people.”

This content was produced with the assistance of AI translation services.