BNK Gyeongnam Bank Launches Mobile Saeheung Holssi Loan... Offers Special Preferential Interest Rate of 1%p

Gyeongnam Bank Headquarters.

[Asia Economy Yeongnam Reporting Headquarters Reporter Song Jong-gu] BNK Gyeongnam Bank has introduced a financial product on mobile banking to alleviate the financial burden on ordinary people.

On the 7th, BNK Gyeongnam Bank launched the ‘BNK Mobile Saehee-mang Holssi Loan’.

The BNK Mobile Saehee-mang Holssi Loan is a policy financial product aimed at financially vulnerable groups, allowing customers to apply for and execute loans all at once through BNK Gyeongnam Bank’s mobile banking without submitting documents or visiting branches.

The eligible applicants are wage earners with at least 3 months of employment, with an annual income of 35 million KRW or less, or customers with a personal credit score in the bottom 20% (NICE score 744 points, KCB score 700 points or below) and an annual income exceeding 35 million KRW but not exceeding 45 million KRW.

The loan limit is up to 35 million KRW, and the repayment methods are divided into lump-sum repayment (1 year) and installment repayment (over 1 year up to 5 years).

To commemorate the launch of the BNK Mobile Saehee-mang Holssi Loan, BNK Gyeongnam Bank will provide a special preferential interest rate of 1%p temporarily until the end of this year.

With interest rate reductions based on transaction performance such as salary transfer and automatic payment of living expenses, if the special preferential interest rate of 1%p is applied to the final calculated interest rate, the lowest interest rate is about 5.94% (as of November 4).

Heo Jong-gu, head of the Retail Finance Department, said, “The advantage of the BNK Mobile Saehee-mang Holssi Loan is that it allows customers to conveniently use the Saehee-mang Holssi Loan, which was previously handled at branches, through BNK Gyeongnam Bank’s mobile banking. As a leading regional financial institution, BNK Gyeongnam Bank will continue to take the lead in enhancing its social role, revitalizing financial services for ordinary people, supporting financially vulnerable groups, and practicing inclusive finance.”

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