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Term Deposit

Product Overview

A safe and highly profitable tool for your long-term wealth management.

Product Features

  • Customer Eligibility : Unrestricted
  • Minimum Deposit Amount : KRW 1,000,000
  • Deposit Period : 1 ~ 60Months
  • Interest Rate : Fixed rate [rate updated daily according to market rate]
  • Interest Payment : Maturity / Interim (monthly, quarterly, semiannual) payments
  • Overdue Interest : 0.1% (rate based on those applied to standard savings accounts)

 

Rates

Premature Withdrawal Rate

Premature Withdrawal Rate

Preferential Tax Service

Tax discounts are available based on an individual's remaining preferential tax

  • Adult : KRW 10,000,000
  • Senior citizens: KRW 30,000,000

Others

  • Global passbook print-outs
  • Provision of automatic maturity instructions
  • Deposit Backed Loans are available up to 90% of the deposit principal

Act Now

If you have any enquiries about the service provided by HSBC bank, please send us e-mail or if you want consultation about products, please call us on ☎ 1588-1770.

 

Product Enquiry

▪ This product is eligible for the protection under the Depositor Protection Act. The Korea Deposit Insurance Corporation
  protects a maximum of KRW50mil including the principal and interest for each depositor at each financial institution in
  accordance with the Act.
▪ If real name verification is made under the name of a representing individual, the deposit will be considered as the property of
  the named individual and will be treated as an individual deposit in the case of cancellation, seizure and/or any other legal
  matter.

 
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