Shinhan Investment & Securities said Thursday it is launching a "non-face-to-face senior-only special repurchase agreement (RP)" offering a pre-tax annual yield of 3.40 percent (91-day term) for customers aged 65 and over, in celebration of Parents' Day.
The special RP was designed to improve financial accessibility and convenience for elderly customers who face relative difficulties in using digital financial services. The company said the product was introduced to coincide with Parents' Day, given the limited availability of financial products dedicated to seniors in the industry, and carries the meaning of practicing inclusive finance by enhancing access for financially vulnerable groups.
Eligible subscribers are individual customers aged 65 and over who opened accounts non-face-to-face on or after January 1 of this year, with a maximum subscription limit of 10 million won per person. The product will be sold through May 29, with a total sales cap of 5 billion won, and will be terminated early if the cap is reached. Subscription is limited to one time per person during the event period.
The maturity is three months (91 days) from the subscription date, and the pre-tax annual yield of 3.40 percent applies even in cases of early termination, without any separate penalty. The product can be purchased through online channels including the Shinhan SOL Securities app, the Home Trading System (HTS) and the Web Trading System (WTS).
