KB Non-face-to-face Small Business Loan Interest Rate Reduced to 4.62%

KB Kookmin Bank announced on the 27th that it will increase the preferential interest rate of the 'KB Non-face-to-face Small Business Loan' by up to 0.5 percentage points.

The KB Non-face-to-face Small Business Loan is a non-face-to-face credit loan exclusively for individual business owners, allowing applications 24/7 throughout the year, with a maximum loan amount of 100 million KRW and no early repayment fees.

The minimum interest rate of the existing KB Non-face-to-face Small Business Loan was 5.12% (based on credit grade 1), but with the 0.5 percentage point increase in the preferential interest rate, it has been lowered to 4.62%. Customers who take out a loan of 100 million KRW can save 500,000 KRW annually in interest costs compared to before.

KB Kookmin Bank also plans to hold a 'Small Business Support Fund Event' next month for customers who receive the KB Non-face-to-face Small Business Loan. Among customers who take out the loan and enter the event, support funds of up to 1 million KRW will be awarded through a lottery.

A KB Kookmin Bank official said, "We will continue to make efforts to prepare various support measures to alleviate the difficulties of small business owners."

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