'Hana Bank Exclusive Sale of "Cheongnyeon Naeil Savings Account" Offering an Additional 100,000 Won When You Deposit 100,000 Won'

[Asia Economy Reporter Buaeri] Hana Bank announced on the 12th that it will exclusively sell the 'Youth Tomorrow Savings Account' among commercial banks.

The eligibility for the Youth Tomorrow Savings Account includes youth aged 19 to 34 at the time of application (for recipients and near-poverty households, aged 15 to 39) who have earned income from work or business, recipients and near-poverty households, and youth with household median income at or below 100%. For this product, the government provides an additional matching contribution equal to the monthly deposit amount of 100,000 KRW made by the eligible youth (300,000 KRW for recipients and near-poverty households).

The subscription amount ranges from 100,000 KRW to 500,000 KRW, and the subscription period is 3 years. The interest rate consists of a basic rate of 2% per annum plus a preferential rate of up to 3% per annum, allowing for a maximum annual interest rate of 5%.

The preferential interest rates include 1.2% per annum for salary and main transaction transfers, 1% per annum for new or existing housing subscription savings, 0.5% per annum for marketing consent, and 0.3% per annum for registering the 'Hana Hap' service.

Youth can apply for subscription through the Ministry of Health and Welfare's welfare portal site 'Bokjiro' from the 18th of this month until the 5th of next month. Once the eligible applicants are confirmed in October, they can subscribe through Hana Bank branches and the mobile app 'Hana One Q'.

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