NH Nonghyup Bank is introducing a savings product linked to agriculture and rural development in celebration of its anniversary.
On August 11, NH Nonghyup Bank announced the launch of the 'NH Farming Heart Savings' ahead of its anniversary on August 15. Kang Ho-dong, Chairman of the National Agricultural Cooperative Federation, participated as the first subscriber to commemorate the product's release.
The two products feature preferential interest rates for joining the 'Farming Heart Participation Group' and writing supportive messages through the NH All-One Bank. Anyone aged 14 and older can join the Farming Heart Participation Group.
The NH Farming Heart Savings account has a one-year maturity and requires a minimum deposit of 1 million won. The total sales limit is set at 300 billion won, with a base interest rate of 3.15%. By meeting conditions such as joining the Farming Heart Participation Group and writing supportive messages, customers can receive an additional maximum preferential rate of 0.55 percentage points, bringing the total to 3.70% per year.
The NH Farming Heart Installment Savings account also has a one-year term, allowing monthly deposits of up to 300,000 won, with a limit of 10,000 accounts. The base interest rate is 2.30%. By fulfilling conditions such as making payments through the NH Sing Sing Mall with an NH Nonghyup card or using the 'Right Connection Card,' which is specialized for the Farming Heart, customers can earn a maximum preferential rate of 5.85 percentage points, resulting in a total interest rate of 8.15% per year.
Subscriptions are available at all NH Nonghyup Bank branches nationwide and through the NH All-One Bank.
Kang Tae-young, President of NH Nonghyup Bank, stated, "We will enhance customer benefits through financial products that embody the identity of NH Nonghyup Bank and continue to pursue win-win finance that grows together with agriculture and rural communities."
On August 11, NH Nonghyup Bank announced the launch of the 'NH Farming Heart Savings' ahead of its anniversary on August 15. Kang Ho-dong, Chairman of the National Agricultural Cooperative Federation, participated as the first subscriber to commemorate the product's release.
The two products feature preferential interest rates for joining the 'Farming Heart Participation Group' and writing supportive messages through the NH All-One Bank. Anyone aged 14 and older can join the Farming Heart Participation Group.
The NH Farming Heart Savings account has a one-year maturity and requires a minimum deposit of 1 million won. The total sales limit is set at 300 billion won, with a base interest rate of 3.15%. By meeting conditions such as joining the Farming Heart Participation Group and writing supportive messages, customers can receive an additional maximum preferential rate of 0.55 percentage points, bringing the total to 3.70% per year.
The NH Farming Heart Installment Savings account also has a one-year term, allowing monthly deposits of up to 300,000 won, with a limit of 10,000 accounts. The base interest rate is 2.30%. By fulfilling conditions such as making payments through the NH Sing Sing Mall with an NH Nonghyup card or using the 'Right Connection Card,' which is specialized for the Farming Heart, customers can earn a maximum preferential rate of 5.85 percentage points, resulting in a total interest rate of 8.15% per year.
Subscriptions are available at all NH Nonghyup Bank branches nationwide and through the NH All-One Bank.
Kang Tae-young, President of NH Nonghyup Bank, stated, "We will enhance customer benefits through financial products that embody the identity of NH Nonghyup Bank and continue to pursue win-win finance that grows together with agriculture and rural communities."
* This article has been translated by AI.
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