Gyeongnam Bank Renews Mobile Credit Loans... Interest Rates as Low as 2.3%

[Asia Economy Reporter Kim Min-young] BNK Gyeongnam Bank announced on the 24th that it has renewed its mobile banking application (app) exclusive loan product, ‘BNK Mobile Credit Loan.’

The minimum interest rate has decreased and the loan limit has increased. The interest rate has dropped to a minimum annual rate of 2.3%, and the limit has increased by 50 million KRW from a maximum of 200 million KRW to a maximum of 250 million KRW.

Additionally, scrapping (verification of customer's income and employment information for loan screening), which previously required a public certificate, can now be done with mobile authentication only.

Furthermore, a personalized loan limit inquiry service is provided, allowing users to check interest rates and limits within 3 minutes.

The renewal event will also be held until the 16th of next month. Among new users of BNK Mobile Credit Loan, 50 people will be selected by lottery to receive a cashback of the first month's loan interest (applied based on a loan principal of 20 million KRW).

However, customers who took out loans through partner companies such as Toss and Finda are excluded.

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