NH NongHyup Bank Begins Second Special Deposit Sale Offering Up to 3.9% Annual Interest
On sale through Nov. 30, with a 500 billion won limit
Deposits of up to 1 billion won accepted
NH NongHyup Bank said on Oct. 27 that it will launch a second sale of its “NH All One Bank 10th Anniversary Time Deposit,” which offers an annual interest rate of up to 3.9%.
The first sale began on Oct. 13 and reached its 500 billion won limit in just one week.
The second sale will run from Oct. 27 through Nov. 30, with a total limit of 500 billion won, and will be offered on a first-come, first-served basis. The deposit term is fixed at 12 months. Deposits start at 100,000 won and can be as large as 1 billion won. Customers can sign up through NH All One Bank.
The product offers a base annual interest rate of 3.65%, plus a preferential rate of 0.25 percentage points, for a maximum annual rate of 3.9%. The preferential rate consists of a 0.1-percentage-point celebratory rate offered without conditions and an additional 0.15 percentage points for customers who have not held a deposit or installment savings account with NH NongHyup Bank in the past six months.
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An NH NongHyup Bank official said, “We decided to offer this additional special sale as a gesture of gratitude to customers who have joined us in celebrating the 10th anniversary of NH All One Bank.”
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