Toss Bank minus passbook issuance subject
Toss minus bank account limit
Toss Bank resumed loan business on January 1 of this year.
In 2021, loan business was suspended due to loan regulations by the financial authorities, but new loans were resumed from the 1st. The minimum interest rate for the Toss Bank credit loan is in the early 4% range, with a minimum of 1 million won and a maximum of 270 million won, and there is an evaluation that the conditions are better with other banks as the limit of the minus account is 150 million won. In addition, the current deposit and withdrawal bankbook provides an interest rate of 2% up to KRW 100 million that can be managed as a deposit.
In addition to the above services, we also provide an emergency loan of 3 million won. 토스뱅크 사장님 마이너스통장
This product is a service provided even to unemployed people if they fall under the basic eligibility criteria without special issuance conditions. In addition, if the credit score rises due to approval, resignation, or faithful repayment, we are instructed to exercise the right to request a rate cut. Toss Bank expects to expand loans to medium and low-credit users. At the time of its inception, it submitted a plan to the authorities to increase the proportion of credit loans for medium- and low-credit borrowers to 42% by the end of 2022. Therefore, it is expected to provide a wide range of reasonable services by discovering low- and medium-credit users.
negative account
First of all, it would be good to know a little about the concept of Matong, right? 이베이스매뉴얼
In simple terms, a negative bank account can be thought of as a bank account where you can borrow a certain amount of money from time to time. Therefore, you can think of it as a loan system that allows you to use the deposit and withdrawal account of the financial institution you are dealing with at any time up to the agreed limit amount. If it is not used, no interest is accrued, and interest is accrued on a pro-rata basis for the amount used.
In order to subscribe to this product, you must enter into an agreement with the financial institution you are using.
Some banks may establish a guarantor, but if the amount is less than 5 million won, it is usually possible to open a guarantor without a guarantor. After the contract, the deposit/withdrawal passbook used will have a negative function, and the range of uses will be widened.
Subject to issuance of negative passbook
1. Issuance conditions
Please note that students, housewives, and freelancers are not subject to negative issuance by default.
If there is a place that does it, the interest rate is expected to be high, but there are many cases where the issuance is limited in one or two financial institutions, so please do not use other places to get it. In addition, in the case of an office worker, a credit score above a certain level is required, and proof of income such as employment certificate, identification card, withholding tax, payroll passbook, etc. are required.
In addition, the conditions for issuing a negative bank account are fulfilled when you are 20 years of age or older, subscribe to the four major insurance policies, have worked for 6 months or more, have an annual salary of 20 million won or more, and are at least 6th grade based on the existing grade. Those who are unemployed, such as retirees or those who are preparing for employment, who cannot bring their employment certificate, are excluded. In the case of the self-employed, the conditions must be met for at least one year of operation of the business site. After you receive and submit the content, you can review it.
The above are the basic issuance conditions normally restricted by financial institutions.
2. Toss Bank minus passbook issuance subject
Korean nationals aged 19 years or older and salaried income earners must be customers with at least 3 months of service at their current employer and proven annual income of 10 million won or more. . The period of tenure is calculated based on the date of acquisition of current workplace qualifications on the National Health Insurance Corporation qualification certificate, and the business period is calculated based on the date of business opening on the business registration certificate.
As for the annual income to be documented, if you are a salaried income earner, the premium paid is calculated based on the insurance premium paid by the National Health Insurance Corporation.
Check the contents before opening Toss Minus Account
If you use Toss Bank as mentioned in the introduction, it is very easy to inquire about the limit and open a bank without visiting the bank window.
Customers who do not have credit rating information such as delinquency or bankruptcy information listed as criteria to be excluded from issuance, there must be no facts such as rehabilitation, bankruptcy, immunity, etc. There must be no records related to transaction restrictions in order to be eligible for Toss Bank’s negative passbook issuance.
When opening a Toss minus bank account, the maximum loan limit is 1 million won to 150 million won, and in case of emergency loan, the minimum loan limit is 500,000 won to 3 million won. The term of the contract is one year and can be extended up to 10 years. The repayment method is repayment on the maturity date. During the loan period, interest in the negative bank account is paid monthly and the full amount is repaid at maturity. Therefore, if you make a deposit by paying only interest without principal and paying only the amount used, the interest will be reduced by the amount of the deposit. Also, it would be good to know that the prepayment fee, which is an important advantage of negative bankbook, is free.
Interest rates range from 4.6% to 13.55%, and a floating rate (as of the end of June 2022) is applied, and is calculated by applying an additional interest rate to the base rate. The base rate of the negative bankbook can be selected from 3 months of financial bonds, 6 months of financial bonds, and 12 months of financial bonds. Even after maturity, the change cycle returns, so the change is linked to the base rate at that time. The additional interest rate is applied differently depending on the result of examination when new or extended loans. If you do, the interest rate will be recalculated and applied.
Above, I looked at the limit, opening, and issuance conditions of the toss minus bank account.
If delinquency occurs, an additional interest rate of 3% is applied to the applied interest rate, which causes delinquency interest. Please create it for a purpose and open it when there is no need for special use.
If you do not use it anyway, there will be no negative account interest, so it is recommended to open it after thinking a lot depending on the purpose of use.
In the case of Toss Bank, if a deposit and withdrawal account has been opened, please note that the method of opening a Toss minus account is very easy to open and limit inquiry through the borrowing service after running the app. I’ll post it here. Thank you so much for watching until the end, and I hope you have a pleasant and happy day today.
The minus bankbook launched by Toss Bank on the 11th of this month for individual business owners is gaining popularity. It is said that the loan contract amount exceeded 20 billion won within 4 days of product launch, indicating that the product is very popular. For reference, there are two loan products that Toss Bank operates for individual entrepreneurs, the president’s loan and the president’s negative account book.
Toss Bank
What is the boss minus bankbook?
If you go to the Toss Bank website, click the ‘President minus bankbook’ corner in the ‘Product/Service Information’ menu.
The characteristics of this loan product are as follows. For reference, when applying for a loan exceeding 50 million won, the customer has to pay 50% of the stamp duty of 70,000 won.
✔️ Recipients of subscription: Sole proprietors (holding a business registration number, operating a business for more than 1 year or generating sales for more than 6 months)
✔️ Based on sales: 5 million won or more based on proof of income
✔️ Maximum: Minimum 1 million won ~ Maximum 50 million won
✔️ Interest Rate: 4%~15%
*Calculation of customer-tailored limits and interest rates based on variable interest rates and self-developed credit evaluation models
✔️ Repayment method: maturity date
✔️ Loan period: 1 year (up to 10 years extension)
✔️ Early redemption fee: Free
In the case of the interest rate addition structure, the base interest rate (financial bond interest rate) + additional interest rate (personal credit rating) is determined among financial bonds 3 months (variable cycle 3 months), 6 months (variation cycle 6 months), 12 months (variation cycle 12 months) You can choose one. Depending on the credit rating model developed by the company, the additional interest rate is applied differently to each individual, and it is added within the range of 2% to 12% per annum.
Qualification documents?
After verifying your identity through the toss certificate, you can take a picture of the qualification verification document with a camera and submit it through the mobile app through public My Data. For your reference, you can apply 24 hours a day, 7 days a week, so if you are in a hurry, you can create and submit the materials right away. However, from 10 p.m. to 8 a.m., the qualification check is limited due to the suspension of Hometex operation, and from 11:30 p.m. to 12 p.m., loan execution may be restricted due to a system check. I want it to be okay
✔️Certificate of business registration
✔️Proof of income (at least 5 million won)
✔️ Proof of VAT tax base or proof of income from VAT exempt business
※ Limited time: 22:00~08:00 qualification check limit, 23:30~00:00 system check
Toss Bank
I also have a boss loan.
Minus bankbooks have a limit of 50 million won, but if you need a larger loan, there are also regular loans. In the case of the president’s loan product, you can borrow up to 100 million won, and you can choose between lump-sum repayment and equal installment payment of principal and interest.
✔️ Recipients of subscription: Sole proprietors (holding a business registration number, operating a business for more than 1 year or generating sales for more than 6 months)
✔️ Based on sales: 5 million won or more based on proof of income
✔️ Max: up to 100 million won
✔️ Interest rate: 3.83%~15% per annum (as of 25.25.2022)
– Calculation structure: Financial bonds 3 months / 6 months / 12 months + additional interest rate
✔️ Repayment method and period: maturity date (1 year, extended up to 10 years) or repayment in equal installments (1-5 years)
✔️ Early redemption fee: Free
Similar to negative bankbooks, you can choose one of 3 months (fluctuation cycle 3 months), 6 months (variation cycle 6 months), and 12 months (variation cycle 12 months) of financial bonds. do.