BNK Busan Bank Renews 'Kkumirum Savings'... Offers Preferential Rates Based on Child's Growth

Sales Start on the 12th, Offering Up to 3.9% Annual Interest Rate

24-Month Term, Maximum Monthly Deposit of 1 Million Won

BNK Busan Bank (President Bang Seongbin) announced on the 12th that it has renewed and is now offering the ‘Kkumirum Installment Savings’ account, which provides preferential interest rates tailored to the growth stages of children.

The ‘Kkumirum Installment Savings’ account is available to individuals under the age of 18 (one account per person), offering a base annual interest rate of 3.50% and an additional preferential rate of 0.40%P, for a maximum annual rate of 3.90%.

Preferential rate options include: ▲ 0.1%P for receiving childcare allowance in the child's name account ▲ 0.1%P upon entering elementary, middle, or high school ▲ 0.1%P for subscribing to a housing subscription savings account ▲ 0.1%P for setting up an automatic transfer to the installment savings account.

The deposit amount can be freely set from 1,000 KRW up to 1 million KRW per month. The subscription period is 24 months, and if you apply for renewal at the time of subscription or before maturity, the account will be automatically renewed every two years without visiting the bank.

Detailed information about this product is available at all Busan Bank branches and on the official website.

Kim Yongkyu, Head of Customer Marketing at Busan Bank, stated, “Busan Bank will do its best to develop financial products tailored to our customers' needs and provide more benefits to the local community and our clients.”

BNK Busan Bank has launched a renewed version of the 'Kkumirum Savings' and offers preferential interest rates tailored to children's growth stages.

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