Hana Bank Launches 'Pension Living Expense Loan' for Public Pension Recipients

Small Credit Loan: 1.0% Fixed Interest Rate, 500,000 Won Limit
Fully Non-Face-to-Face Process from Application to Execution

Hana Bank announced on June 2 that it has launched the 'Hana OneQ Pension Living Expense Loan,' a non-face-to-face small-amount credit loan product for customers receiving public pensions.

This product targets customers who receive one of the four major public pensions: the National Pension, Government Employees Pension, Private School Teachers Pension, or Military Personnel Pension. Previously, applications could only be made by visiting a branch, but now the service has been expanded to non-face-to-face channels.

As a result, customers can now handle the entire process—from checking their credit limit to application, agreement, and execution—through the Hana Bank mobile app 'Hana OneQ' without visiting a branch. Hana Bank explained that the procedures have been simplified and the interface made intuitive so that even elderly users can use it easily.

The loan offers a fixed annual interest rate of 1.0%. The maximum loan amount is 500,000 won. It is operated as a revolving credit account, allowing customers to use small sums when needed for purposes such as utility bills, hospital expenses, or special occasions. The product is also designed to enable stable repayment through linkage with the pension receiving account.

A Hana Bank representative stated, "As the aging population accelerates, the demand for small living expenses among pension recipients is increasing, which led us to develop this product." The representative added, "With the launch of this non-face-to-face product, we expect to provide low-interest loan benefits to customers who receive public pensions."

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