Shinhan Bank, Special Interest Rate Event for My Home Savings up to 5.5% Annual

[Asia Economy Reporter Yu Je-hoon] Shinhan Bank announced on the 16th that it will conduct the 'Shinhan My Home Savings Special Interest Rate Event,' offering up to 5.5% annual interest to customers aged 39 or younger who newly subscribe to the Housing Subscription Comprehensive Savings.

Shinhan My Home Savings is a one-year flexible installment savings product that can be subscribed to on the same day as subscribing to the Housing Subscription Comprehensive Savings. The monthly savings limit is between 1,000 KRW and 200,000 KRW, with a basic interest rate of 1.6% per annum, a preferential interest rate of 1.0 percentage point per annum, and a special interest rate of 2.9 percentage points per annum, resulting in a maximum interest rate of 5.5%.

This event will be held until December 30th with a limit of 100,000 accounts. It offers a special interest rate in addition to the existing preferential interest rate to customers born after May 1, 1982, who did not have a Shinhan Bank Housing Subscription Comprehensive Savings account within one month prior to subscribing to Shinhan My Home Savings.

A Shinhan Bank official said, “We hope this event will be an opportunity for customers newly subscribing to the Housing Subscription Comprehensive Savings to nurture their dream of owning a home,” and added, “We will continue to provide various financial benefits and events so that customers can lead a successful financial life.”

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