KB Kookmin Bank Launches 'KB Double Moa Deposit' for Tax Savings and Investment in One

Preferential Interest Rates Offered for ISA or Pension Savings Fund Subscriptions

[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank announced on the 6th that it has launched the ‘KB Double Moa Deposit,’ which allows customers preparing for retirement to receive interest rate benefits along with subscribing to tax-saving products.

The KB Double Moa Deposit is available to anyone aged 50 or older who plans to manage short-term and mid-to-long-term funds at once. It is a 1-year fixed deposit where you can deposit an amount between 10 million KRW and 40 million KRW. The base interest rate is 0.85% per annum, with ▲ preferential interest rate up to 0.55 percentage points for salary transfer or pension receipt ▲ preferential interest rate of 0.15 percentage points for subscribing to a Personal Integrated Asset Management Account (ISA) or pension savings fund by the next month after new subscription ▲ preferential interest rate of 0.15 percentage points for open banking, providing a maximum interest rate of 1.55% per annum.

To commemorate the launch of this new product, an event for new subscribers will be held until October 14. During the event period, the first 2,000 new subscribers each week will receive an Ediya Coffee coupon on a first-come, first-served basis, and a total of 14 people will be selected by lottery to receive ▲ Samsung Electronics TV ▲ LG Electronics dishwasher ▲ Samsung Electronics smartphone ▲ Dyson cordless vacuum cleaner ▲ Shinsegae mobile gift certificates.

A KB Kookmin Bank official said, “This product was launched for those who prefer asset management focused on safe assets while pursuing high returns,” and added, “We will continue to strive to provide products with differentiated benefits to our customers.”

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