Gyeongnam Bank Launches 3 Pension Products... Preferential Interest Rates Based on Linked Performance

[Asia Economy Reporter Kim Min-young] BNK Gyeongnam Bank has launched a package product linking pensions with savings accounts, installment savings, and fixed deposits.

On the 13th, Gyeongnam Bank announced the launch of the 'Together 100 Years Pension Package Product' targeting pension recipients.

This product consists of three types: 'Together 100 Years Pension Account,' 'Together 100 Years Pension Installment Savings,' and 'Together 100 Years Pension Fixed Deposit.'

The pension account, a deposit with free withdrawal and deposit, offers a basic annual interest rate of 0.01%, plus preferential interest rates and unlimited fee waivers based on pension performance. The subscription target is individuals aged 40 or older receiving a pension, and one account per person can be opened through branch counters.

The pension installment savings provide an additional preferential interest rate of 0.50 percentage points based on the pension account's pension performance and a payment amount of 3 million KRW or more annually using the Gyeongnam BC Card, in addition to the basic interest rate according to the subscription period of 1, 2, or 3 years.

The subscription amount ranges from 10,000 KRW to 3 million KRW per month, in units of 1 KRW.

The pension fixed deposit offers preferential interest rates based on the pension account's pension performance and pension installment savings subscription performance, in addition to the basic interest rate according to the subscription period of 1, 2, or 3 years.

To commemorate the launch of these products, Gyeongnam Bank is holding the 'Pension (金) Ta-da Event' until the end of October. Customers who subscribe to all three products will be entered into a draw to win generous prizes such as gold bars and Hong Sam Jeong dual sets.

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