Have you ever heard of a car refund? Simply put, it’s money you’ll get back 5-7 years after you buy the car. Most of you probably haven’t heard of it, or even if you’ve heard of it, you’ve probably just passed by. However, this money can be returned only when you apply directly, so it is said that the amount of money that has not been returned is a whopping 239.1 billion won.
What is a car bond?
When you purchase a car, you are required to register the car with each municipality. At this time, it was compulsory to purchase urban railway and regional development bonds. These bonds are issued by local governments for the welfare of local residents and regional development funds. 자동차 환급금
<Distinction between urban railway bonds and regional development bonds> 좋은뉴스
Urban rail bond (maturity of 7 years) Community development bond (maturity of 5 years)
Seoul, Busan, Daegu 16 cities and provinces excluding Seoul
How much bond did you buy when you bought the car?
12% in Seoul, 8% in Gangwon, 4% in Daejeon. For example, if you purchased a 2000cc or higher vehicle for 40 million won in Seoul in the past, you would have purchased bonds worth 8 million won, which is 20% of the 40 million won. At maturity, you can receive 8 million won and the interest together, so please check it out and get a refund.
How to look up car bonds
Since each region has different regional safes, you can inquire at the bank that suits your region.
▶ Search and apply for refunds by region
Busan Bank : Menu > Banking > Utility Bill > Bonds > Redemption of overdue bonds
Hana Bank : Menu > Utility Bill > Regional Development Bond
Nonghyup Bank: Menu > Account Management > Regional Development Bonds > Unredeemed Bonds Inquiry/Repayment
Shinhan Bank : Menu > Utility Bill > Public Loan
Wrap-up
It is said that only the amount of automobile bonds that are refunded to the national treasury without collection every year is 2 billion won. From this year, it was changed to an automatic account transfer method, but in the past, I had to apply for it to receive money, so such an enormous amount was being returned to the national treasury.