BNK Busan Bank Launches 'ONE Long-Term Employee Credit Loan' Product

Loan Limits and Interest Rate Benefits Based on Years of Service

Up to 200 Million KRW and Maximum 10-Year Term Available

BNK Busan Bank (CEO Bang Seongbin) has launched the "ONE Long-term Employee Credit Loan," which offers preferential loan limits and interest rates based on the employee's length of service.

BNK Busan Bank launched the 'ONE Long-Term Employee Credit Loan' product.

The "ONE Long-term Employee Credit Loan" is a product designed for long-term employees who have worked at the same company for five years or more, providing preferential loan limits and interest rates according to their length of service.

For those with 10 years or more of service, the maximum loan limit is 200 million KRW, and for those with 5 to less than 10 years of service, the maximum is 160 million KRW. The minimum interest rate is 5.10% (as of June 27, 2024).

Repayment options include lump-sum repayment, installment repayment, and overdraft loans. The loan period ranges from a minimum of 6 months to a maximum of 10 years, depending on the repayment method. Customers can apply for the loan through the Busan Bank mobile banking app without visiting a branch.

Further details about the product can be found on the Busan Bank mobile banking app or at any branch.

Kim Yongkyu, Head of Customer Marketing Division at Busan Bank, stated, "We have launched a credit loan product that offers preferential loan limits and interest rates for long-term employees who have remained loyal to their positions," and added, "Busan Bank will continue to make active efforts to introduce customer-centered, differentiated financial products in the future."

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