Finance
K Bank launches time-choice term deposit paying up to 3.71 percent
K Bank has launched a term deposit that allows customers to choose whether to receive interest immediately or at maturity, while also permitting up to two additional deposits and two partial withdrawals. Additional deposits can be made until the day before maturity, starting from 1 million won and up to twice the initial amount. The minimum opening amount is 1 million won with no deposit cap. Rates range from 3.0 percent for one month to 3.71 percent for 12 months.