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Are you or your family members looking for somewhere to deposit money? With just one bankbook your entire family can subscribe to this deposit and each deposit made by a family member is added up to a total sum. Different interest rates are applied according to the total amount.
In case of re-depositing the maturity amount of Tax-free Deposits (including Trusts), 0.1% of additional rate shall be provided.
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Eligibility |
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No restriction(excluding financial institutions) |
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Deposit period |
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1 ~ 70 years (on a yearly basis) |
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Deposit amount |
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5 million won or more (on a basis of 10 thousand won units) |
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Interest payment method |
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You may select among four methods: monthly interest payments, quarterly interest payments, annual interest payments or payment at the date of maturity. |
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Applicable interest rate |
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Changed and notified on a daily basis in accordance with the actual market money rate |
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Applied differently according to the amount of deposit. |
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Method of interest rate application. |
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Changed and applied on every interest rate settlement date. |
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Interest Rate Settlement Date. |
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1 months revolving type: Opening date and the corresponding date on the basis of every 1 months from the date of opening. |
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3 months revolving type: Opening date and the corresponding date on the basis of every 3 months from the date of opening. |
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12 months revolving type: Opening date and corresponding date after 12 months from opening. |
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Pre-mature closing interest rates |
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From deposit date to every interest rate settlement date: Initially agreed interest rate is applied |
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Deposit date and from the final interest rate settlement date to the day before the payment : The premature interest rate of general time deposit will be applied |
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Post-Maturity closing interest rates |
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The post-maturity interest rate of general time deposit will be applied.. |
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Others |
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Subscription is available as Tax Preferential Savings and Deposit for Senior Citizens. |
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Compound interest on the basis of 3 months or 12 months will be added. |
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This deposit is protected by the Depositor Protection Act. |
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