[DigitalToday reporter Lee Ji-young] KakaoBank is holding an event for customers using the Akkim-e Bogeumjari Loan, offering support payments of up to 200,000 won and random cash.

KakaoBank said on Wednesday it will run the “Build a Home and Get Cash” event for the Akkim-e Bogeumjari Loan through Dec. 31.

Customers can receive random cash by answering a quiz in the KakaoBank app on how to apply for the Akkim-e Bogeumjari Loan, its interest rate and loan term, and completing the “build a home” mission.

It will also pay a separate “home purchase support payment.” KakaoBank will provide 200,000 won to customers who apply for the support payment on the event page and then receive a loan commitment notice for the Akkim-e Bogeumjari Loan from KakaoBank.

The Akkim-e Bogeumjari Loan is a policy mortgage product supplied by the Korea Housing Finance Corporation. It can be applied for with apartments and row houses and multi-family homes as collateral, for borrowers with combined annual spousal income of 70 million won or less and home prices of 600 million won or less.

At KakaoBank, fixed interest rates of 3.90 to 5.40 percent a year apply. The loan limit is up to 360 million won for general customers, up to 400 million won for households with multiple children and victims of jeonse fraud, and up to 420 million won for first-time homebuyers. Actual interest rates and limits may vary depending on customer conditions, preferential rates and loan term.

A KakaoBank official said, “We prepared this event to provide benefits to customers preparing to buy a home through the Akkim-e Bogeumjari Loan.”