Last year, there was a strong movement to regulate household loans. Various major banks, such as Kookmin, Hana, Shinhan, Woori, and Nonghyup, all tied up the negative account limit and made new loans impossible.
In order to prevent the debt fever of investing in real estate or stocks with debt, we implemented loan restrictions on banks. Recently, in 2022, it is now possible to increase the limit of negative bankbooks, which were tied to a maximum of 50 million won.
Today, we are going to talk about how much the negative account limit has been increased by each bank and how to increase it.
index
Negative passbook limit calculation standard
How to increase the limit of negative account
Kookmin Bank negative account limit
Hana Bank negative account limit
Shinhan Bank negative account limit
Woori Bank negative account limit
Nonghyup Bank negative account limit
Conclusion: Let’s compare
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Negative passbook limit calculation standard
Minus bankbook is a limit transaction loan product that allows you to deposit and withdraw money whenever you want within a set limit. Since the interest on the loan is calculated on a daily basis, there is no mid-term repayment fee and it can be used for a short period of time even if repayment is made mid-term.
There are two most important things about the negative account limit. One is income and the other is credit rating (score). Of course, the higher your income, the higher your loan limit. If you have a lot of income, you can lend more money because it is judged that you have the ability to repay. In general, the negative bank account loan limit comes with a loan limit of up to 100% of your annual income.
The other is credit rating. Credit scores are given by credit rating agencies such as NICE Nice Credit Information Service and All Credit Credit Information by calculating how many loans you currently have and various factors including overdue records. The higher your credit score, the more favorable terms and conditions for negative account limits and interest rates.
Check my credit rating Where to check credit score section 마이너스통장 한도 증액
How to increase the limit of negative account 좋은뉴스
The method to increase the limit of the negative account is to sign up for a new negative account that provides a higher limit than the previous negative account. It is quicker to sign up for a new negative account that a new financial company offers a higher limit than to increase the limit on the existing negative account.
Since the negative bankbook you are currently using is limited to the limit you have already borrowed, you can sign up for a new negative bankbook that provides the maximum amount of loan as a condition of canceling the existing negative bankbook. Increasing the limit in an existing bank will not increase the limit, nor will the terms be any better.
7 ways to increase your loan limit
Kookmin Bank negative account limit
At Kookmin Bank, the limit on negative bankbooks has sharply increased for high-quality office workers and professionals. There are various Kookmin Bank negative bankbook products, but the loan products with a high limit are as follows.
KB Employee Reassurance Credit Loan (loan for high-quality employees): up to KRW 100 million
KB Doctor Loan (Professional Loan for Doctors): 150 million won
KB Royer Loan (Professional Loan for Lawyers): 150 million won
KB Ace Professional Unguaranteed Loan: 150 million won
Hana Bank negative account limit
Hana Bank can turn Hana One Q Credit Loan into a negative account. Last year, the limit was up to 50 million won, but now the maximum
At 150 million won, it is similar to the negative bank account of Kookmin Bank.
Hana OneQ Credit Loan: up to 150 million
Shinhan Bank negative account limit
Shinhan Bank operates a credit loan product called Minus Sol Pyeonhan S for employees who have been working for a company selected by Shinhan Bank for more than one year and have an annual income of 28 million won or more. If you are working for a general small business, if your annual income is 22 million won or more, the maximum limit is 50 million won if you take out a general sole or office worker loan.
Convenient office worker loan S (loan for high-quality office workers): up to 200 million won (up to 100 million won in negative account)
Convenient Loan for Employee (Loan for General Employee): Up to KRW 50 million
Woori Bank negative account limit
In the case of Woori Bank, the representative loan product is the Woori Shareholders’ Loan. This is a representative credit loan that can be used by both general and blue-chip companies. A negative account is also possible. You can sign up for Internet banking only, and you must be a customer with an annual income of 30 million won or more or a Woori Bank main transaction customer with an annual income of 20 million won or more. In addition, the maximum limit of loan for office workers, which we won, is up to KRW 200 million.
Woori Shareholders Loan: Up to KRW 200 million per individual
Loan for office workers that we won: up to KRW 200 million
Nonghyup Bank negative account limit
Nonghyup Bank operates high-limit loans for high-credit office workers, such as public officials, private school teachers, and employees of high-quality companies. In the name of Exciting Employee Loan, you can use the loan through a negative bankbook method.
Nonghyup exciting employee loan: up to 250 million won
Conclusion: Let’s compare
In recent years, there is a limit on the loan limit, but as interest rates are on the rise, the monthly interest burden is also increasing. Therefore, it is better to use a loan as much as you can plan repayment rather than borrowing blindly just because the loan limit has increased.
The higher the loan limit, the better, but the lower the loan interest rate. It is essential to compare the limits and interest rates of different loans and find the most favorable terms.
If your credit rating is low, try easing the monthly interest rate by using government-supported loan products.