Sangsangin and Sangsangin Plus Savings Bank Launch 9-Month Fixed Deposit
First in the Industry... Faster Interest Payment Cycle
Offering 4.2% Annual Interest Rate
Sangsangin-affiliated Sangsangin Savings Bank and Sangsangin Plus Savings Bank announced on the 1st that they have launched the industry's first "9-month revolving fixed deposit" offering an annual interest rate of 4.2% with a 9-month maturity.
The newly launched Sangsangin Savings Bank's "BangBangBang 9-month Revolving Fixed Deposit" and Sangsangin Plus Savings Bank's "KeuKeuKeu 9-month Revolving Fixed Deposit" provide an annual interest rate of 4.2% without any additional conditions, featuring a relatively short 9-month maturity and the advantage of a fast interest payment cycle. The agreed interest rate is guaranteed in case of early termination after maturity, and the deposit is automatically renewed according to the variable interest rate without visiting a branch. Partial withdrawals are allowed up to three times during the deposit period.
Customers can subscribe via the application or by visiting a branch, and duplicate subscriptions are possible through the digital banks "BangBangBang" and "KeuKeuKeu."
To commemorate the product launch, an event is also being held. Customers who meet the conditions of ▲a subscription amount of 10 million KRW or more ▲receiving app marketing notifications and agreeing to them will receive a 10,000 KRW mobile department store gift certificate at 3, 6, and 9 months after subscription (up to 30,000 KRW).
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Lee In-seop, CEO of Sangsangin Savings Bank, said, "Through the industry's first 9-month maturity deposit product, customers can manage their funds more efficiently, and simultaneous subscriptions to both savings banks allow for managing larger sums of money. We will continue to provide various benefits to customers through collaboration between Sangsangin Savings Bank and Sangsangin Plus Savings Bank."
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