Kookmin Bank NZ

Kookmin Bank is an overseas commercial bank that originated in South Korea. They’re  part of KB Financial Corporation who have established branches across Asia and Australasia. Kookmin Bank started operating in New Zealand in 1997 with their main office located in Auckland Central. They take pride in being a customer-oriented company that offers different financial services and solutions including personal savings, loans, insurance, credit card, term deposit and other types of investments. Kookmin Bank NZ offers competitive term deposit rates and is open for rookie investors.

Are you looking to secure and expand your savings? Open a Kookmin Bank term deposit today and start investing. Compare term deposit rates using glimp’s comparison tool and find the right option for your needs and income.

kookmin term deposit nz

Why invest in Kookmin Bank NZ?

As an affiliate of KB Financial Corp, Kookmin Bank NZ assures investors of secure and stable services and quality products to support their long-term goals. When you open a Kookmin bank term deposit, you’re given the opportunity to increase your assets for a term you prefer. You can inquire with Kookmin Bank NZ about your questions and modifications in your agreement at your convenience. They make customers their top priority so you’re rest assured of a seamless transaction while earning at the same time.

Kookmin Bank NZ Term Deposit Offers

Business Term Deposit

Local and foreign companies can invest in Kookmin Bank term deposits, too. With just a few clicks, they can immediately open a term investment account in NZD and USD currencies up to an amount of $100,000.

For a minimum of $5,000, you can open a Kookmin Bank Term deposit with corresponding interest rates depending on your chosen term. 

  • 30 days 0.10% p.a.
  • 3 months 0.30% p.a 
  • 4 months 0.50% p.a.
  • 5 months 0.50% p.a.
  • 6 months 0.80% p.a 
  • 9 months 0.80% p.a. 
  • 12 months 1.10% p.a.
  • 24 months 1.00% p.a.
  • 36 months 1.00% p.a.
  • 48 months 1.00% p.a.
  • 60 months 1.10% p.a.

You can deposit up to $100,000 in a Kookmin Bank term deposit and earn up to 1.70% p.a. for a term of 12 months.

Personal Term Deposit

Kookmin Bank Term Deposit is open for both Kiwi residents and non-residents where they can open their individual term deposit account directly with Kookmin Bank’s customer service. If you have an account with the bank, you’ll receive an access code to begin with your application.