Loans · Finance

Saehuimang Holssi II (새희망홀씨 II): Bank Preferential Loan for Ordinary Households: How to Apply, Amount & Eligibility (2026)

Annual income up to KRW 40,000,000 (up to KRW 50,000,000 for the bottom 20% in credit): up to KRW 35,000,000, 10.5% per year or less

This page is a translation of the Korean original and is for reference only. The official Korean guidance is the authoritative source for amounts and conditions, so be sure to confirm on the official website before applying. View Korean original (한국어)

Benefit: A bank's own loan for people with low personal credit scores or income. Eligible: annual income of KRW 40,000,000 or less, or KRW 50,000,000 or less (credit score in the bottom 20% or lower). Limit within KRW 35,000,000 (with an additional emergency living fund of up to KRW 5,000,000 after 1 or more years of faithful repayment); interest rate 10.5% per year or less (varies by bank and is variable). Preferential rates for basic livelihood recipients, single parents, families with many children, multicultural families, and those supporting parents aged 60 or older. Offered by 14 banks. The government plans to expand supply from KRW 4.0 trillion to KRW 6.0 trillion by 2028 and to increase preferential rates by bank (some banks are pursuing a 7% rate cap).
Who is eligible: Annual income of KRW 40,000,000 or less, or KRW 50,000,000 or less and in the bottom 20% in credit
When to apply: Year-round
How to apply: App or counter at one of the 14 participating banks (NongHyup, Shinhan, Woori, SC First, Hana, IBK, Kookmin, Suhyup, iM, Busan, Gwangju, Jeju, Jeonbuk, Kyongnam); Inclusive Finance Itda (서민금융 잇다)
Important notes: If rejected in the bank's review, consider the general or special Haessal Loan (햇살론) as an alternative
Note: The final decision is made by each bank's own review. Some banks run youth-only Saehuimang Holssi and preferential rates for installment repayment (e.g., Shinhan expands by 0.8 percentage points); limits and rates differ by bank.

Go to the official guide →

Based on official sources as of 2026년 10월. Amounts and requirements may change, so please confirm with the official guide before applying.

Frequently asked questions

Saehuimang Holssi II (새희망홀씨 II): Bank Preferential Loan for Ordinary Households: who can receive it?

Annual income of KRW 40,000,000 or less, or KRW 50,000,000 or less and in the bottom 20% in credit

Saehuimang Holssi II (새희망홀씨 II): Bank Preferential Loan for Ordinary Households: how do I apply?

App or counter at one of the 14 participating banks (NongHyup, Shinhan, Woori, SC First, Hana, IBK, Kookmin, Suhyup, iM, Busan, Gwangju, Jeju, Jeonbuk, Kyongnam); Inclusive Finance Itda (서민금융 잇다)

Saehuimang Holssi II (새희망홀씨 II): Bank Preferential Loan for Ordinary Households: how much will I receive?

A bank's own loan for people with low personal credit scores or income. Eligible: annual income of KRW 40,000,000 or less, or KRW 50,000,000 or less (credit score in the bottom 20% or lower). Limit within KRW 35,000,000 (with an additional emergency living fund of up to KRW 5,000,000 after 1 or more years of faithful repayment); interest rate 10.5% per year or less (varies by bank and is variable). Preferential rates for basic livelihood recipients, single parents, families with many children, multicultural families, and those supporting parents aged 60 or older. Offered by 14 banks. The government plans to expand supply from KRW 4.0 trillion to KRW 6.0 trillion by 2028 and to increase preferential rates by bank (some banks are pursuing a 7% rate cap).

Saehuimang Holssi II (새희망홀씨 II): Bank Preferential Loan for Ordinary Households: when can I apply?

Year-round