Kookmin Bank Raises Mortgage Loan Interest Rate by 0.15%p... Savings and Deposit Rates Also Increase

All Yeosusin Interest Rates Adjusted Upward

[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank has raised all deposit and loan interest rates reflecting the base rate hike and household loan volume management. The variable interest rates on mortgage loans and jeonse deposit loans increased by 0.15 percentage points each, and deposit interest rates were also raised by 0.15 to 0.40 percentage points.

According to the financial sector and KB Kookmin Bank's website on the 3rd, Kookmin Bank reduced the preferential interest rate on mortgage loan variable rates (6-month cycle variable) by 0.15 percentage points starting today. As the loan preferential interest rate was reduced, the current mortgage loan interest rate (loan period over 5 years, apartment, credit grade 1) ranging from 2.65 to 4.15% was adjusted upward to 2.80 to 4.30%, and the new jeonse deposit loan interest rate increased from 2.64?3.84% to 2.79?3.99%.

In addition, regular deposit interest rates were also raised across the board. Interest rate increases for installment deposits and marketable deposits are applied from today, while MMDA and installment savings deposits will be applied from the 6th. For the regular deposit product 'KB Green Wave 1.5℃ Regular Deposit,' the base interest rate rose by 0.40% from 0.55% to 0.95%. For general regular deposits, interest rates increased by 0.15 to 0.25 percentage points depending on the contract period. KB installment savings also saw interest rates rise by 0.20 to 0.25 percentage points.

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