OK Savings Bank Launches Fixed Deposit Offering 4% Interest for 1-Year Term
[Asia Economy Reporter Song Seung-seop] OK Savings Bank announced on the 19th that it has launched the 'OK e-Plus Time Deposit,' which offers a maximum annual interest rate of 4.0% if the agreed period of one year is completed.
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This deposit is a non-face-to-face exclusive product that provides a basic interest rate of 3.0% per annum (before tax) even if terminated early. If the one-year maturity is completed, an additional preferential interest rate of 1.0 percentage point is added. Both individual and corporate customers can subscribe, with amounts ranging from 100,000 KRW to 10 billion KRW. OK Savings Bank explained that it can also be used as a parking account combined with a time deposit for large sums of money.
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