NH Nonghyup Bank launches new savings products to support agriculture

NH Nonghyup Bank has launched two new financial products, ‘NH Nongsim Cheonsim Deposit’ and ‘NH Nongsim Cheonsim Installment Savings’, to commemorate its anniversary on August 15. The products are designed to support the value of agriculture and rural communities.

The installment savings product offers a maximum annual interest rate of 8.15% when various preferential conditions are met, such as joining the ‘Nongsim Cheonsim National Participation Group’ and leaving supportive messages on the NH All One Bank app. This product is limited to 10,000 accounts with a maximum monthly deposit of 300,000 won.

The deposit product offers a maximum annual interest rate of 3.70% and is available up to a total limit of 300 billion won. Kang Ho-dong, Chairman of the National Agricultural Cooperative Federation, became the first subscriber to the new products during a launch ceremony in Seoul.