Youth Housing Dream Subscription Bankbook
Features of Youth Housing Dream Subscription Bankbook
A specialized subscription bankbook launched to practically support asset formation and home purchasing for the youth, offering exceptional interest rates and tax benefits.
Key Benefits
- Up to 4.5% preferential interest rate: Higher rate compared to general subscription bankbooks
- Tax exemption: Tax-free applied to interest income up to 5 million won
- Income deduction: 40% deduction on annual payments (up to 1.2 million won) for homeless household heads
Eligibility
Homeless youth aged 19 to 34 with an annual income of 50 million won or less. Existing subscribers to the youth preferential subscription bankbook are automatically converted.
👤 Eligibility
Homeless youth aged 19-34 (annual income 50 million won or less)
📝 How to Apply
Visit Housing and Urban Fund trustee banks or apply via their mobile apps
Related Policies
Stepping Stone Housing Loan
A low-interest housing purchase loan supported by the government for the housing stability of low-income people without homes, offering special preferential rates for newlyweds and multi-child households.
👤 Homeless household heads with a combined annual income of 60-85 million KRW or less (when purchasing a house worth 500-600 million KRW or less)
Newborn Special Loan
A special loan product that lends housing purchase and lease funds at ultra-low interest rates to help stabilize the housing of households that have given birth within the last 2 years.
👤 Homeless household heads who gave birth within 2 years (1-home owners allowed for purchase refinancing)