I was able to use it as a limit-limited account because it was a non-face-to-face account.
If you want to cancel your limit-limited account, don’t forget to set up your payroll account 3 months in advance as a limit-limited account!
What is a capped account?
This is an account that can be used due to the limit of financial transactions when you fail to submit the evidence for the purpose of opening an account!
*Financial Transaction Restrictions*
1) Maximum daily transfer limit of 300,000 won (This is really inconvenient..)
2) Withdrawal from automated teller machines (ATMs) is not allowed 국민은행 한도제한계좌
3) Only 1 account per person
I used to just use it without any inconvenience, but when I got a job, it became more common to move money between bankbooks and bankbooks, and I started to feel uncomfortable when I had to transfer large amounts of money quite a bit. 이베이스매뉴얼
So, while researching, I found various methods, and I decided to close the limit-limited account by submitting the “payroll passbook” supporting documents!
How to cancel limit-limited account
1) Payroll account: employment certificate, health insurance qualification certificate, pay stub, etc.
2) Business passbook: tax invoice, tax payment certificate, value-added tax certificate, etc.
3) Meeting passbook: member list, meeting documents (regular rules)
4) Administrative fees and utility bills: Payment details of administrative fees and utility bills for more than 3 months
5) Other objective evidence of the purpose of opening an account is required.
How to visit a bank and unlock a limit-limited account in 3 minutes
I went to the bank with three months’ worth of pay stubs + ID.
(*I had moved my payroll account to the limit-limited account 3 months ago*)
When I told the staff, “I want to close the limit-limited account,” he said, “Did you bring your employment certificate?” And I said “no”.
So, first of all, I gave him my pay stub, and he said that he needed additional supporting documents.
So my hair turned white, OMG
Fortunately, the attendant told me that there is a way to do it right now.
There is a service that sends a fax to the bank immediately if you call and issue a “Certificate of Eligibility for Health Insurance Qualification”.
In this way, I sent a “Confirmation of Health Insurance Qualification Eligibility” by bank fax and was able to close the limit account in less than 3 minutes! >_<
If you can prepare a certificate of employment in advance, it will be faster if you prepare it in advance. In case it takes some time to issue a certificate of employment, I thought it would be a good way to use this method. 🙂
If you have any questions, please leave a comment ^^ I will answer to the best of my knowledge.
(There was “Limited Limit Account” written next to the name of the My Fit account, but it’s finally escaping!!)
In Korea, where the real estate market is heating up, it is now necessary to collect the Jeonse funds more than we usually think. Therefore, the word collecting large sums of money may have become a thing of the past, so we often get loan support from the financial sector to prepare the Jeonse funds.
However, in the case of loans for Jeonse funds in these financial institutions, credit rating, occupation, and income are required as basic screening criteria. However, if you are unemployed and need a loan for Jeonse funds, you need to check Kookmin Bank’s loan for Jeonse funds for unemployed people. However, in the case of the Jeonse Loan for unemployed persons supported by Kookmin Bank, there is an age limit, so be careful and check it.
Kookmin Bank Qualifications for Unemployed Jeonse Fund Loan
Kookmin Bank’s Jeonse Loan for Unemployed Persons is a policy product of the Financial Services Commission to reduce housing costs for young people. Qualifications to apply for this Kookmin Bank Jeonse Loan for unemployed persons are available to those between the ages of 19 and 34 who satisfy all of the following conditions:
(1) Less than 500 million won in the metropolitan area (300 million won in local areas) as a rental deposit
(2) Payment of down payment of 5% or more of the rental deposit
(3) Couple’s combined annual income of 70 million won or less
* Non-income earners such as college students can also apply for a loan
*Preliminary head of household: Customers who meet the requirements for head of household within 1 month from the date of loan execution
Qualifications for a replacement loan
– Customers who satisfy all of the above ‘general loan’ conditions, have a remaining lease contract period of at least 6 months, and are using a loan for the purpose of a rental deposit that has elapsed more than 6 months from the date of execution of the loan being used by a financial institution without arrears (existing loan Customers who can make a full refund)
Target housing
– Houses and residential officetels
KB Kookmin Bank’s Unemployed Jeonse Fund Loan Interest Rate
The interest rate of Kookmin Bank’s Jeonse Loan for unemployed people is the same: the lowest interest rate is 1.95% per annum and the highest interest rate is 1.95% per annum based on housing rental, lump-sum repayment method, and loan period of 2 years. However, the calculated interest rate may be calculated differently depending on the individual’s credit conditions, loan conditions (repayment method, use of funds, etc.), and bank transactions.
*There is no special interest rate
Kookmin Bank Unemployed Jeonse Fund Loan Limit, Period and Repayment Method
Kookmin Bank’s Jeonse Fund Loan is secured by a housing finance credit guarantee, and the maximum loan limit is 70 million won (within 90% of the rental deposit). The loan period can be stipulated for a period of 1 to 2 years (6 months to 2 years in the case of a repayment loan), and the loan is repaid in a lump-sum repayment method.
Extend loan term
– Up to the age of 34, within the lease contract period (within 2 years), the term can be extended without limit
– As of the extension date, those over the age of 35 can extend the deadline only once, within 2 years.
Early repayment cancellation fee
– doesn’t exist
Kookmin Bank Unemployed Jeonse Loan Application Period, Payment and Required Documents
Application period
– New lease: within 3 months from the earliest date between the balance payment date and the resident registration date in the lease agreement
– Contract renewal: within 3 months from the date of contract renewal (based on the date of writing the contract)
– Reimbursement Loan: Repayment receipt must be submitted after repayment of the full amount of the loan subject to repayment on the day of loan execution
When to pay the loan
– New lease: In principle, the loan amount must be deposited into the lessor’s account at the request of the customer within 7 days of the payment of the balance in the lease contract (expected move-in date).
– Contract renewal: The increased amount is deposited into the lessor’s account upon the client’s entrustment on the date of payment of the balance.
– Reimbursement Loan: Repayment receipt must be submitted after repayment of the full amount of the loan subject to repayment on the day of loan execution
Required documents
– Identity card (resident registration card, driver’s license, passport issued in Korea, etc.)
– Documents confirming employment and income
– Lease contract with a fixed date (including the old lease contract in case of contract renewal)
– Certificate of all real estate registration details of the rental object
– Receipt of down payment or bank passbook
– A copy of resident registration (issued within 1 month)
– Financial transaction confirmation (in the case of a loan in exchange)
– If necessary during the loan review process, you may request to submit additional documents, such as a family relationship certificate and a copy of the lessor’s bankbook.
Kookmin Bank is the default, and Shinhan and Woori Cabin are all lowered. Only Nonghyup maintains a limit of 100 million won in one financial sector, and K-Bank allows up to 150 million won.
Due to the problem of interest rate hike, the 1 billion dollar Matong account may disappear in the future.
Today, we will look at the subject of issuance of negative passbook by Kookmin Bank, interest, limit, etc.
What about the past KB Kookmin Bank?
●Maximum 100 million won, interest rate 2.36 to 4.74%, employees who have been in service for more than 1 year (credit grades 1 to 4)
Until recently, KB managed the Minus account as I wanted. Currently on sale.
The period was limited to a maximum of 100 million won per year. At that time, the subject of Mattong was employees with a credit rating of 1 to 4 who had been in service for more than one year.
You can earn up to 150% of your annual income and up to 4,500 if your annual salary is 30 million won. At the time of implementation, interest rates ranged from as low as 2.36% to 4.74%.
What is the current negative account of Kookmin Bank?
Available up to a limit of 5,000 (100 million for existing customers)
As the maton products introduced above are discontinued, KB employees can use a credit loan at Kookmin Bank to proceed with the maton.
Kookmin Bank’s Martong can have a maximum limit of 50 million won (100 million won for existing customers). In addition, the credit loan limit is limited to within the annual income.
Subject to issuance of negative passbook
Public officials such as general office workers and teachers for more than 6 months are irrelevant
In general, it is applicable to general office workers for more than 6 months, and full-time public officials, military personnel, and teachers can use the service regardless of their tenure.
However, due to the recent restrictions on the amount of Martong as per the criteria for issuance of Matthew, additional requirements such as employee + credit score evaluation who have been in service for more than one year may arise.
What is the limit you can receive?
Up to 50 million won (existing customers 100 million won)
In the photo above, it is the matong that is written as an automatic general bankbook loan. It can be up to 500,000 won.
Separately, the maximum amount of general credit loan products is KRW 300 million, and the maximum amount for those who are new to society within one year of service is less than KRW 5,000.
Loan term and repayment method
The lump-sum repayment is made within one year, and the term can be extended for up to 10 years.
In the case of the automatic general passbook product, you can choose from two options.
① General method limit transaction
② Contract limit increase/decrease method
What documents are required for application?
You can do this if you have your ID card, employment confirmation document, and income confirmation document.
negative account interest
●Based on a one-year basis, 3.16~4.16% excluding the preferential interest rate
If you are subject to the issuance of a negative bankbook and borrow it, it is usually 12 months of one-year financial bonds. The lowest interest rate is 3.16 to 4.16%.
If you choose the above-mentioned contract limit increase/decrease method (automatic passbook at your own discretion), a preferential interest rate of 0.1%p is applied. This can be applied to customers with grades 1 to 3 in terms of credit rating.
In addition, the preferential rate of 0.4%p for the limit exhaustion rate is applied for one month from the new loan date. Even if you received the lowest 3.16%, there is a high probability that it is actually lower.