케이뱅크 청년전세대출In this post, we will learn more about K Bank’s Youth Lease Loan. Recently, due to the increase in the interest rates of banks’ lease loans, the interest burden on those who have received loans is increasing, and as a result, some young people are choosing to rent monthly due to the high interest rate.
The lease loan interest rates of the four major commercial banks, including KB Kookmin Bank, Shinhan Bank, Hana Bank, and Woori Bank, are currently calculated to be 5.27-7.33% per annum. The lowest interest rate is Shinhan Bank (5.27%), and the lowest interest rates for the other three banks are in the late 5% range or early 6% range.
In order to find low-interest products, many people are also looking into products from Internet banks such as K Bank and Kakao Bank. K Bank’s Youth Lease Loan offers various qualification requirements, limits, early repayment methods, and interest rates. For example, the youth lease loan qualification is limited to young people aged 19 to 39. Also, you can borrow up to 120 million won, and the repayment period is up to 20 years.
As such, K Bank Youth Lease Loan is receiving a lot of attention from young people because it offers low interest rates and various benefits. In fact, many young people were able to buy their own homes without the burden of a lease loan through K Bank Youth Lease Loan.
Youth Lease Loan (Rental Deposit)
– Loans are only available for buildings classified as residential according to the certificate of all registered matters (copy of registration), including residential officetels.
– Loans are available in the metropolitan area if the deposit is 500 million won or less, and in areas outside the metropolitan area if the deposit is 500 million won or less.
※ Loans are not available in the following cases. 1) General Lease Loan: Up to 222 million won within the range of 80% of the lease and monthly rent deposit
2) Youth Lease Loan: Up to 100 million won within the range of 90% of the lease and monthly rent deposit
※ Minimum loan application amount is 5 million won or more
– Lump sum repayment at maturity: Pay interest on the loan amount every month during the loan period, and repay the full amount at maturity.
※ Collateral
※ If you have received a confirmation date with a housing lease contract report certificate, you must submit the report certificate along with the lease contract. 1) Common documents: Family relationship documents (Resident registration copy/Family relationship certificate/Marriage relationship certificate)
2) Employment/Business proof documents
– Employees: Health insurance qualification certificate/Health, long-term care insurance premium payment certificate/Income certificate
– Self-employed: Business registration certificate/Income certificate
– 4 major insurance subscription history certificate (in case of youth rental loan)
We have looked at the qualifications, limit, interest rate, and early repayment method of K-Bank Youth Rental Loan (K-Bank).
Small loan for the unemployed, delinquent borrowers, Sunshine loan
Small loan for the unemployed, delinquent borrowers, Sunshine loan, emergency fund, credit rating, interest, housing subscription collateral, low credit, short-term and long-term
