Daegu Bank Launches 'Akkim-e Bogumjari Loan' Mobile Service... Loans Up to 500 Million KRW

DGB Daegu Bank (President Hwang Byung-woo) announced that it will provide a non-face-to-face service for the ‘Akkim-e Bogeumjari Loan’ (Korea Housing Finance Corporation securitized loan), which allows easy loan application via mobile without visiting a branch.

The Akkim-e Bogeumjari Loan, exclusively available through the iM Bank app starting from the 17th, can be applied for through the Korea Housing Finance Corporation website or its smart app.

Daegu Bank Headquarters

Customers who wish to use the service can apply for and complete the loan screening via the Korea Housing Finance Corporation website or smart app, and then use the DGB Daegu Bank iM Bank app to complete the entire process non-face-to-face without visiting a branch. With just a digital certificate and a mobile phone, the complicated document submission process is drastically shortened, enabling loan application within 3 minutes via mobile.

If the housing price is 900 million KRW or less, loans up to 500 million KRW can be granted within the limits of the Loan-to-Value ratio (LTV) and Debt-to-Income ratio (DTI) without income restrictions. Notably, this product offers an interest rate 0.1% lower than DGB Daegu Bank’s own loan product, ‘U-Bogeumjari Loan,’ expanding customer options.

The loan interest rates for the general type (housing price exceeding 600 million KRW or combined couple income exceeding 100 million KRW) range from 4.40% (10 years) to 4.70% (50 years), while the preferential type (housing price 600 million KRW or less and combined couple income 100 million KRW or less) ranges from 4.05% (10 years) to 4.35% (50 years). When applying the maximum preferential rate (up to 0.8%) for low-income youth, socially disadvantaged groups, newlywed households, etc., the rate can be as low as 3.25%.

A DGB Daegu Bank official stated, “We expect that handling the ‘Akkim-e Bogeumjari Loan’ will improve customers’ accessibility to the ‘Bogeumjari Loan,’ and DGB Daegu Bank will continue to enhance customer convenience by developing and providing various customer-centered services.”

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