Daegu Bank Launches Savings Product Commemorating Gwangbokjeol

[Asia Economy Reporter Kim Min-young] DGB Daegu Bank announced on the 31st that it will launch the 'DGB Gwangbokjeol Savings and Deposit Product.'

This product is the first in Daegu Bank's series of savings and deposit products named after national holidays.

Available for one month, this product offers a preferential interest rate if the Taegeukgi flag is displayed within 10 days of subscription through the bank's IM Bank application (app). The Taegeukgi can be displayed via the URL received upon subscription or through the IM Bank product mall banner. A passbook designed with a Gwangbokjeol image will also be issued separately at the branch.

Deposits are available to individual customers (one account per person), and an additional non-face-to-face preferential interest rate of 0.05% per annum is applied when subscribing to the product remotely. Subscriptions can be made from 1 million KRW to 10 million KRW, with a term of one year. The basic interest rate starts at 1.10%, with a maximum preferential interest rate of up to 0.30%.

Installment savings require monthly deposits between 50,000 KRW and 200,000 KRW for a one-year term, offering a basic interest rate starting at 1.35% and a maximum preferential interest rate of up to 1.0%.

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