Maximum Annual Interest Rate of 4.3% for 6-Month Non-Face-to-Face Term

JT Savings Bank announced on the 1st that it will raise the interest rates on 6-month fixed deposits by up to 1.75 percentage points.


The face-to-face fixed deposit interest rate for a 6-month term has increased by 1.70 percentage points to an annual rate of 4.2%, while the non-face-to-face rate has been raised by up to 1.75 percentage points to an annual rate of 4.3%.


Customers can subscribe to the product by visiting a branch or through the savings bank's mobile application ‘SB Toktok Plus’, JT Savings Bank mobile banking, and internet banking.



Park Jung-yong, CEO of JT Savings Bank, said, “We decided to raise the interest rates considering the recent increase in customers wanting short-term deposits.”

JT Savings Bank Raises Fixed Deposit Interest Rates by up to 1.75 Percentage Points View original image


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