K Bank Starts Loan Resumption... Renewal of Credit Loans and More

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[Asia Economy Reporter Kim Hyo-jin] K-Bank is accelerating the resumption of its loan business.

K-Bank announced on the 2nd that it has renewed the WorkplaceK Credit Loan, WorkplaceK Overdraft, SlimK Credit Loan, and General Household Credit Loan.

Accordingly, the WorkplaceK Credit Loan has been renamed to 'Credit Loan,' and the WorkplaceK Overdraft has been renamed to 'Overdraft.' The credit loan limit has increased by 100 million KRW, from 150 million KRW to 250 million KRW.

The SlimK Credit Loan, which attracted much interest from medium-credit customers, has also been renamed to 'Credit Loan Plus.' New subscribers to Credit Loan Plus are exempt from early repayment fees.

The General Household Credit Loan has been changed to 'Personal Business Owner Credit Loan.' The maximum limit for the overdraft method has been raised from 30 million KRW to 50 million KRW.

Both repayment methods, equal principal and interest installment repayment and overdraft, now have a unified maximum limit of 50 million KRW.

On the same day, K-Bank will start a 'sales notification' reservation service that informs customers of the start of loan product sales via mobile text messages and app push notifications. Reservations can be made on the product information pages for Credit Loan, Overdraft, and Credit Loan Plus.

K-Bank has launched the parking account service 'Plus Box,' which offers an annual interest rate of 0.7% even if the money is deposited for just one day.

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