In this article, we will take time to learn about the lease loans for young people in small and medium-sized enterprises.
The lease loan for young people in small and medium-sized enterprises is a policy designed for young people in small and medium-sized enterprises who are having difficulty in preparing housing due to lower incomes than workers in large companies.Although the limit is not high, the range of choices is limited, but it is loved by young people in one or two households due to low interest rates.:)
target housing
– Less than 85 square meters of land reserved for rent
-Housing with a deposit of less than 200 million won (including residential officetels)
Housing with a deposit of less than 200 million won can think of finding a good enough house, but it should be taken into account that the remaining amount should be covered by capital because the maximum amount that can be raised with a loan is 100 million won.For young people who are looking for rental houses near the station area in Seoul, the range of residential choices may be narrowed.
loan limit
– up to 100 million won (within 80% or 100% of the rental deposit)
– For employees with less than one year of employment, the loan limit may be limited to 20 million won or less.
interest rate
– 1.2% per year
It boasts very low interest rates.Even if you lend 100 million won, the interest per year is 1.2 million won, so the interest you have to pay per month is only 100,000 won, which is a good condition for young people, right?
Period
– Basic 2 years
– You can extend it 4 times = 10 years
– At the time of one extension, the supporting interest rate will be applied from two or more extensions regardless of the conditions of the Small and Medium Business Administration.
(Although interest rates have risen slightly, interest rates are also low at 1.5 to 2.1%.)
* Monthly interest based on 100 million won
Small and Medium Business Administration: 1.2% / 100,000 won
Support: 2.1% / 1.75 million won
loan condition
– All household members are homeless
– Income less than 35 million won (50 million won for double-income couples)
– 19 to 34 years of age
– assets of 325 million won or less as of 2022
– SME employees and young entrepreneurs
– A person who has paid more than 5% of the deposit after signing the lease contract.
In addition, there are additional conditions for credit problems and duplicate loans, but if you meet the above six items, most loans from the Small and Medium Business Administration are available.:)
handling bank
– IBK Industrial Bank of Korea: 1566-2566
– KB Kookmin Bank: 1599-1771
– NH Nonghyup Bank: 1588-2100
– Shinhan Bank: 1599-8000
– Woori Bank: 1599-0800
necessary papers
– For identification purposes: resident registration card, driver’s license
– Confirmation of subject: copy of resident registration, abstract, family relationship certificate, etc.
-Verification of employment and business: Certificate of employment, business registration, health insurance qualification certificate
– Income Confirmation Form: Certificate of Income Amount, Certificate of Income Confirmation for joining ISA, Withholding Receipt
– Housing-related documents: copy of the lease contract with a fixed date, certificate of all registered matters of the leased house
-Other verification: Warranty qualification confirmation
This is how we learned about the loan of youth lease funds for small and medium-sized enterprises.
I think interest rates are a great system, and I hope many young people can build a successful charter house based on this information!!
