Mortgage Loans Executed in 2024 Eligible
Exemption Available Until June 30

NH Nonghyup Bank announced on May 20 that it will temporarily exempt prepayment penalties on mortgage loans to alleviate customers' financial burdens.


NH Nonghyup Bank will temporarily waive the prepayment penalty on mortgage loans from May 20 to June 30 to alleviate customers' financial burdens.

NH Nonghyup Bank will temporarily waive the prepayment penalty on mortgage loans from May 20 to June 30 to alleviate customers' financial burdens.

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This measure was introduced as part of a mutually beneficial financial support program designed to provide tangible relief that customers can directly experience.


The exemption applies to mortgage loans executed in 2024 and will be available temporarily from May 20 to June 30. However, certain products such as interim payment loans, relocation loans, and policy loans are excluded.



An official from NH Nonghyup Bank stated, "We launched this program to expand practical financial support and ease the burden on financial consumers," adding, "We will continue to strengthen our commitment to customer-centered and compassionate finance."


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

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