OK Savings Bank Raises 'OK e-Anshim Fixed Deposit' Interest Rate to 4.5% Annually
OK Savings Bank announced on June 26 that it has raised the interest rate for its non-face-to-face exclusive product, the 'OK e-Anshim Fixed Deposit,' to an annual rate of 4.5%.
In addition, OK Savings Bank has also adjusted the interest rate for its branch-exclusive product, the 'OK Anshim Fixed Deposit.' The basic annual rate is set at 4.4%. Customers who sign up for this product and maintain a regular savings account at OK Savings Bank that allows normal transactions are eligible for a preferential rate of an additional 0.1 percentage point, making the maximum annual rate 4.5%, the same as the non-face-to-face product.
Both products have a maturity period of three years, with a variable interest rate applied each year. The deposit amount can range from a minimum of 100,000 won to a maximum of 10 billion won. The 'OK e-Anshim Fixed Deposit' can be opened through the OK Savings Bank mobile app, SB TokTok Plus app, or internet banking, while the 'OK Anshim Fixed Deposit' is available exclusively at branches.
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An OK Savings Bank representative stated, "With this interest rate increase, we aim to help customers manage their assets more flexibly by choosing the fixed deposit product that best suits their needs," adding, "We will continue to swiftly respond to changes in the financial environment and strive to ensure our customers can manage their assets under optimal conditions."
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