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Understanding e-정기예금 at The-K Savings Bank

The-K Savings Bank, established in 1972, is a financial institution with an asset size of 38 trillion won, fully owned by the Korea Teachers Credit Union. The bank is known for its diverse social contributions and efforts towards fostering a sound and transparent corporate culture. In this session, we will explore the e-정기예금 product available on The-K Savings Bank website.

Exploring e-정기예금 on The-K Savings Bank Website

e-정기예금 is a fixed-term deposit product that guarantees high returns with a fixed interest rate for a specific period, offering preferential interest rate benefits for Direct products. To access this product, navigate to the [Deposit Products] menu at the top of the main page and check the [Internet Banking Exclusive Products] section. The minimum deposit amount for this product is 100,000 won, with a flexible subscription period ranging from 1 month to 3 years. Interest can be paid monthly (simple interest) or at maturity (compound interest).

• Key Point: e-정기예금 offers preferential interest rates for new commitments of 12 months or more through Internet Banking.

The e-정기예금 product is protected by the Deposit Insurance Act, ensuring that the Deposit Insurance Corporation safeguards your principal and accrued interest up to a maximum of 50 million won per individual for all designated deposit protection financial products within The-K Savings Bank. Amounts exceeding 50 million won are not covered under this protection. Prior to entering into a contract, it is advisable to review the product description and terms and conditions.

Current Rates	Minimum	Maximum
1.0%	1 month	3.5%
Interest Rates	Early Redemption	Maturity

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Conclusion

In conclusion, e-정기예금 at The-K Savings Bank offers a secure and rewarding investment option with competitive interest rates, providing customers with a convenient way to grow their savings while enjoying the benefits of online banking.

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