OK Savings Bank Launches Special Fixed Deposit Offer with 2.2% Annual Interest Rate
[Asia Economy Reporter Song Seung-seop] OK Savings Bank started the special sale of the ‘Early Withdrawal OK Fixed Deposit 369,’ which offers an annual interest rate of up to 2.2%, on the 9th.
The total sales limit is 300 billion KRW and will automatically end once exhausted. The target customers are individuals, with subscription amounts ranging from 1 million to 3 billion KRW. A variable interest rate applied every three months is used, and an annual rate of 2.2% is applied for the first three months after subscription.
The Early Withdrawal OK Fixed Deposit is a demand deposit product that pays the agreed interest rate even if withdrawn after just one day of subscription. It offers a higher interest rate than the bank’s regular fixed deposit rates and allows free deposits and withdrawals.
The product can be subscribed to at branches, through internet banking, OK mobile banking, and SB TokTok Plus. When using internet banking or mobile banking, transfer fees to other banks are waived.
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This special sale was implemented to support the success of the Utman Pro Volleyball Team, sponsored by OK Savings Bank, in the 21-22 V-League. An OK Savings Bank official stated, “We will strive to provide more benefits and financial services to fans who love volleyball.”
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