Written by 11:02 AM Economics

iM Bank is offering a special promotion for new customers, selling savings accounts with an 8.5% interest rate to the first 10,000 applicants.

iM Bank announced that to commemorate the opening of its second and third branches in Seoul and Hwaseong Dongtan, after its transition to a commercial bank, it will hold the “Follow iM Bank, 8.5%! The Coupon Savings” event.

This savings plan offers an 8.5% annual interest rate without any conditions for those using the iM Bank app for the first time. Individuals can deposit between 10,000 to 200,000 KRW per month and can conveniently maintain the plan through automatic transfers.

Starting from November 4, new customers using the iM Bank app can subscribe after logging in for the first time. The offer is available on a first-come, first-served basis for 10,000 accounts.

Coupons can also be obtained by searching for “iM Bank” on the Naver search portal. By clicking the “2024 Event Collection” at the top of the search page and accessing the “The Coupon Savings” event page, users can complete the “Receive Coupon (Apply)” process to receive a coupon with the interest rate offer. Eligibility for the event can be confirmed through mobile phone identity verification.

After transitioning to a commercial bank in May, iM Bank opened its first branch outside its local region in Wonju, Gangwon Province, and is scheduled to open the Seoul Gasan Digital Financial Center and Gyeonggi Hwaseong Dongtan Financial Center in December.

Sohn Dae-kwon, Director of the Personal Customer Group at iM Bank, stated, “As we proceed with the transition to a commercial bank and the establishment of new branches, we aim to engage with nationwide customers through various brand collaborations and marketing efforts,” and added, “We plan to expand our retail market share in the metropolitan area.”

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