Renamed 'Daol' Savings Bank Special Loan Offer... Lowest 5.90%
Daol Savings Bank, which changed its name from Eugene, has launched special loan and savings products.
According to the financial sector on the 28th, Daol Savings Bank introduced the ‘Naoron Special’ loan product for high-quality employees. The interest rate ranges from a minimum of 5.90% to a maximum of 10.14%, with an average rate in the 9% range. This is about 5 percentage points lower than the previous average rate of 14.86%. The loan limit has also increased by more than 27%, allowing borrowing up to 100 million KRW over 10 years.
The target customers are those employed for more than 3 months with an annual income of over 40 million KRW. Applicants must meet conditions such as having held a credit card for more than 6 years.
They also launched the ‘Daol 7% Special Savings’. Starting from this day, it is a savings product offering a 7% interest rate to the first 10,000 applicants over about two weeks. It can be subscribed through Daol Savings Bank’s digital banking application (app) and other non-face-to-face channels.
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The monthly deposit limit is 300,000 KRW, and the subscription period is 6 months. Only one account per person is allowed.
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