JT Chin-ae Savings Bank Launches Online Credit Loan 'Wonderful Naulon' with Maximum Limit of 100 Million Won

[Asia Economy Reporter Song Seung-seop] JT Chin-ae Savings Bank announced on the 23rd that it will launch an online direct credit loan product called ‘Wonderful Nowron’.

The product is available to office workers who have been employed for more than 4 months. Applicants must be at least 20 years old and have an annual income of 18 million KRW or more.

The minimum interest rate is 5.9%, with a maximum limit of 100 million KRW. The maximum repayment period is 10 years. If the total repayment period is 84 months or longer, customers can use the ‘grace period equal principal and interest installment repayment method,’ which allows paying interest only for a certain period and then repaying the principal and interest in installments for the remaining period.

This product was designed by reflecting consulting from NICE Credit Information Service, a credit evaluation specialist, from the planning stage. This is to proactively respond to the changing credit loan market and enhance customer benefits.

Applications can be made via the internet, mobile applications (apps), or phone. It is also possible to apply through financial platforms such as Toss, KakaoPay, and Finda.

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