OK Savings Bank launches 'Jungdohaeji OK Jeonggi Yegum 6' to help accumulate lump sum savings... Special offer with 2.5% annual interest

[Asia Economy Reporter Song Seung-seop] OK Savings Bank announced on the 2nd that it has launched the ‘Jungdohaeji OK Fixed Deposit 6’, which is advantageous for accumulating medium- to short-term lump sums.

This product combines the ‘Jungdohaeji OK Fixed Deposit 369’, which offers the agreed interest rate without any penalty even if withdrawn after just one day, and the ‘OK Eutshot Fixed Deposit’, which provides a 1-year maturity level interest rate with a 6-month term. The early withdrawal interest rate increases depending on the holding period, and if deposited for more than 6 months, the basic interest rate is guaranteed even if withdrawn at any time.

To commemorate the launch, the interest rate is offered at 2.5% per annum (before tax) up to a limit of 200 billion KRW. The early withdrawal interest rates increase according to the holding period: ▲ less than 1 month 1.5% ▲ 1 month to less than 3 months 1.7% ▲ 3 months to less than 6 months 2.0% ▲ 6 months or more 2.5% (limited to special promotional rates). The subscription period is 1 year, and the subscription amount ranges from 100,000 KRW to 100 million KRW.

An OK Savings Bank official explained, “Compared to the 6-month maturity fixed deposit product ‘OK Eutshot Fixed Deposit’, this product has a longer subscription period and guarantees the same interest rate as the basic rate even if withdrawn after 6 months, making it suitable for medium- to short-term lump sum deposits.”

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