2.34 Million Apply for "Youth Future Savings" Program... Account Opening Starts on the 27th

Eligibility Review Until the 24th
Account Opening Begins on the 27th
80,000 Self-Employed Applicants

More than 2.34 million people applied for the "Youth Future Savings" program.

On the first day of subscription for the Youth Future Savings on June 22, Lee Oegwon, chairman of the Financial Services Commission, is handing out coffee to young people on their way to work while promoting the savings product in Seongsu-dong, Seongdong-gu, Seoul. 2026.06.22 Photo by Yoon Dongju

The Financial Services Commission announced on July 6 that a total of 2,343,000 people had applied to join the Youth Future Savings program during the application period, which ran from June 22 to July 3.

Among the applicants, about 80,000 applied as self-employed individuals. By age group, the largest segment was those aged 30 to 34, with 908,000 applicants (38.8%). This was followed by 856,000 applicants (36.5%) aged 25 to 29, and 579,000 applicants (24.7%) aged 19 to 24.

The Financial Services Commission and the Korea Inclusive Finance Agency will conduct eligibility reviews over a period of about three weeks, from today until the 24th. The results of the review will be individually notified to applicants on the 24th.

Applicants who pass the review can open an account between July 27 and August 7. After opening an account, participants can freely deposit any amount from 1,000 won up to a maximum of 500,000 won each month.

Detailed information, including eligibility review results and account opening procedures, can be found on the Youth Future Savings website or by contacting the Youth Financial Call Center at the Korea Inclusive Finance Agency.

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