IBK Industrial Bank offers '5.8%P' preferential interest rate to special ultra-low interest loan customers

If You Received a Super Low-Interest Special Loan
Guarantee Fee Support Up to 20% for Customers Extending Simple Guarantee Period

IBK Industrial Bank announced on the 15th that it will hold a ‘Super Low-Interest Special Loan Customer Savings and Deposit Special Interest Rate Event’ until April 30 to support asset growth for small business customers who have overcome COVID-19 difficulties.

This event offers interest rate benefits to customers who received super low-interest special loans in 2020 and open a main transaction corporate savings account (regular installment savings) or #All4biz Deposit (real interest rate time deposit) through non-face-to-face channels by meeting the special interest rate preferential conditions.

The main transaction corporate savings account (regular installment savings) offers a special interest rate preferential point of 5.8% to the first 3,500 customers who subscribe with a monthly installment between 10,000 KRW and 1,000,000 KRW and a maturity of 12 months. The highest interest rate, including the special preferential interest rate and the product preferential interest rate of 0.1%, is 9.5% per annum (based on 1 year subscription period and pre-tax as of March 15).

The #All4biz Deposit (real interest rate time deposit) offers a special interest rate preferential point of 2.5% to the first 1,500 customers who subscribe with an amount between 1,000,000 KRW and 10,000,000 KRW and a maturity of 12 months. The highest interest rate, including the special preferential interest rate and the product preferential interest rate of 0.35%, is 6.0% per annum (based on 1 year subscription period and pre-tax as of March 15).

Additionally, IBK Industrial Bank is conducting an event until June 28 to support up to 20% of the guarantee fee for customers extending the super low-interest special loan (simple guarantee) period to alleviate financial cost burdens.

The guarantee fee support targets customers who have no IBK business credit card payment history within the last 6 months, apply for the super low-interest special loan (simple guarantee) period extension through IBK BOX, and pay the guarantee fee with an IBK business credit card. Up to 20% of the guarantee fee (maximum 50,000 KRW) will be supported.

Detailed information about the event can be found on the IBK Industrial Bank website. A bank official explained, “This event was prepared to support asset growth for small business customers who have struggled due to COVID-19 and to alleviate financial cost burdens,” adding, “We will continue to do our best to practice win-win finance as a policy financial institution.”

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