Shinhan Investment Corp. Launches 120-Day Margin Loan Event at Annual Rate of 3.9%
Shinhan Investment Corp. announced on the 4th that it will run a special credit financing event offering an annual interest rate of 3.9% for 120 days to customers using margin loans, through April 23.
This event has been prepared to provide substantial interest rate benefits to customers who have not used credit services, as well as existing registered customers who have had no margin trading since July 27 last year.
For customers who apply for the event, the interest rate on margin loans will be fixed at an annual rate of 3.9% for 120 days from the application date, and the benefit will be applied only to new purchase transactions made after the application. After the event period ends, the normal interest rate will automatically apply without separate notification.
Shinhan Investment Corp. will also provide interest support payments of up to 2 million won, awarded by lottery according to the size of each customer's margin balance on the event end date. By balance tier, interest support will be paid by lottery as follows: 20,000 won to 100 customers with a margin balance of at least 5 million won; 50,000 won to 50 customers with at least 50 million won; 250,000 won to 15 customers with at least 100 million won; 300,000 won to 10 customers with at least 150 million won; 500,000 won to 5 customers with at least 300 million won; and 2 million won to 3 customers with at least 1 billion won.
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Customers can apply for the event via the Shinhan Investment Corp. website, the Shinhan Alpha HTS, or the Shinhan SOL Securities MTS. Customers who do not have an account can also open a non-face-to-face account without visiting a branch through the Shinhan SOL Securities app.
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