KB Kookmin Bank has introduced a special deposit product aimed at attracting customers who seek higher interest rates through collective participation. The bank announced on July 27 that it has launched the '2026-1st Group Purchase Time Deposit' and begun sales.
This product is a 'participatory financial product' that offers greater benefits as more customers join to reach a target amount.
The minimum investment is 1 million won, with a maximum of 20 million won, and the deposit term is either 6 or 12 months. The total subscription limit is set at 2 trillion won, and customers can enroll through KB Kookmin Bank branches, KB Star Banking, or the customer service center until August 7. Sales will end early if the limit is reached.
The final interest rate will be applied differently based on the total sales amount and whether the event interest rate conditions are met after the sales period ends. If all conditions are satisfied, customers can receive an interest rate of up to 3.30% per year.
For a 12-month term, if the total sales amount is 100 billion won or less, an interest rate of 2.80% per year will apply; if it exceeds 100 billion won, the rate will increase to 2.90% per year. Additionally, customers who do not hold a KB Youth Hope Account at the time of enrollment will receive an extra 0.40 percentage points.
A representative from KB Kookmin Bank stated, "The Group Purchase Time Deposit is a product where the interest benefits expand based on customer participation, and we hope more customers will join to enjoy these benefits."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.