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Korea Post launches Youth Future Savings offering up to 8.0 percent interest

Korea Post will launch its Youth Future Savings product on June 22 as a new participating provider of a government policy finance programme aimed at helping young people build assets. Eligible applicants are aged 19 to 34 and meet income requirements, with some small business owners also able to join if household income criteria are met. The three-year savings plan offers a base rate of 5.0 percent, with preferential rates and an event bonus lifting the maximum to 8.0 percent.