Jeonbuk Bank Launches Special Fixed Deposit for Family Month in May

Special Preferential Rate
of Up to 3.15% Per Annum

JB Financial Group's Jeonbuk Bank has introduced a special fixed deposit product in celebration of Family Month in May, aiming to provide customers with tangible benefits. On May 4, Jeonbuk Bank announced the launch of the "Thank You Month Special Deposit," which will be available for sale until May 29.

Provided by Jeonbuk Bank

The "Thank You Month Special Deposit" is a time deposit product offering a base annual interest rate of 2.95% for a 12-month term, with a maximum annual rate of 3.15% (before tax) available when preferential conditions are met. The minimum deposit amount is 1 million won per account, with a maximum limit of 5 billion won per customer. The total sales cap is set at 150 billion won, and sales may end early if the cap is reached.

If the average balance in a Jeonbuk Bank demand deposit account is at least 1 million won for three months starting from the month after the deposit enrollment, an additional preferential interest rate of 0.10% per annum will be granted. An extra 0.10% per annum will also be provided when the customer agrees to marketing communications, for a maximum possible preferential rate of 0.20% per annum. The product is available to individuals and general corporations (including sole proprietors), while institutional customers such as financial institutions and public agencies are excluded.

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