[DigitalToday reporter Ji-young Lee] iM Bank said on Monday it will sell a special promotion product, “The Coupon Deposit & Savings,” to mark the expansion of new branches in Seoul.

The product was launched to commemorate the opening of iM Bank branches in Godeok-dong in Gangdong district and Yeoksam-dong in Gangnam district, which opened late last year. It targets new customers of the iM Bank app. Customers can receive a coupon on an event page and subscribe through non-face-to-face channels.

Coupons for The Coupon Deposit can be downloaded through Jan. 31, and subscriptions are available through Feb. 6. The subscription amount ranges from 1 million won to 50 million won, and each person can open up to 2 accounts. The interest rate is 3.2 percent a year before tax, and the product is offered with a total limit of 100 billion won.

Coupons for The Coupon Savings can be issued through Feb. 28, and subscriptions are available through March 6. Customers can pay in monthly from 1,000 won up to 200,000 won for 6 months. It offers an annual interest rate of 15 percent before tax, limited to 15,000 accounts. Customers can subscribe without separate preferential-rate conditions, and the product supports registering automatic transfers.

iM Bank previously sold the same product when it opened branches in Magok, Cheonan and Cheongju, and it recorded an early sellout.

An iM Bank official said, “We decided to run the sale once again to repay customers for the strong interest they have shown in The Coupon Deposit & Savings.” The official added, “This year as well, we will continue to improve customer convenience through branch expansion and various benefits.”