Housing Subscription Total Saving Deposit
- Housing Subscription Total Saving Deposit
- Unlimited preferred benefit carrying over account
-
- Type of product
- Housing subscriprion deposit.
- Subscriber qualifacation
- Individual(with a real name)
* For subscription for an apartment you may open an account with only one financial institution.
- Time limit for Application
- Until you have been selected as a tenant of an national or private apartment.
- Deposit Amount
- You may freely deposit any amount between KRW20,000 to KRW500,000
- Overview
- Installment deposit which enables you to subscirbe for both national and private apartments after making deposits for a given period.
- Characterisitics
- You may freely deposit any amount between KRW20,000 to KRW500,000
You may deposit more than KRW500,000 each deposit until total sum of depposit reach KRW15million
You may subscibe for borh national and private apartment.
- Deposition Protection
- The deposit in this account is not protected by the Korea Deposit Insurance Corporation(KDIC).
- Subscriber qualification
- Individual(Foreign Residents included)
* For subscription for an apartment you may open an account with only one financial institution
- Deposit Amount
- You may freely deposit any amount between KRW20,000 to KRW500,000
- Time limit for Application
- Until you have been selected as a tenant of an national or private apartment.
- Applicable Interest Rate
- Interest varies depending on the deposited period(from issuance to maturity)
- Applicable Interest Rate
-
- As of :
- 2017. 01. 23 (Before Tax, %)
| Classification |
Contract Period |
Interest Rate
(annualy) |
Note |
| Interest Rate |
~1month |
no interest |
* interest may vary upon government policy |
| 1month ~Less than 1year |
1.0% per annum |
| 1year~ Less than 2years |
1.5% per annum |
| Over 2 years |
1.8% per annum |
- Tax favor
- If conditions are met, it is possible to sign up for this product as tax-free composite savings product.
- Interest Payment
- Interest is paid on maturity
