This page was machine-translated from English. Rates, banks and figures are identical to the English page.

Countries / 🇰🇷 South Korea

Best time deposit rates in South Korea

KRW time deposit rates from 3 providers, read directly from each bank's website every day, plus 4 more providers to check. Sorted by rate; no paid rankings.

Last checked 18 Oct 2026, 03:42 UTC · all 7 providers

Deposit protection: Korea Deposit Insurance Corporation (KDIC)

Limit100,000,000 KRW

Principal plus prescribed interest is protected up to ₩100 million (1억원) per depositor per insured financial institution; amounts above that are not protected. DC/IRP retirement pensions, pension savings and accident insurance payouts are each protected separately up to ₩100 million. Source, checked 2026-10-18.

More time deposit providers in South Korea

We list these providers but do not read their rates automatically yet, so we never show a number for them. Check the rate on the bank's own page. Know a bank we should read? Suggest it.

Questions about deposits in South Korea

Are time deposits in South Korea protected?

Principal plus prescribed interest is protected up to ₩100 million (1억원) per depositor per insured financial institution; amounts above that are not protected. DC/IRP retirement pensions, pension savings and accident insurance payouts are each protected separately up to ₩100 million.

How many banks do you compare in South Korea?

We list 7 providers. Rates for 3 of them are read automatically from their own websites every day; for the rest we link to the bank's official rate page and never show a number we have not read.

Deposit rates in nearby countries

🇮🇳 India🇨🇳 China🇮🇩 Indonesia🇵🇰 Pakistan🇧🇩 Bangladesh🇯🇵 Japan🇵🇭 Philippines🇻🇳 Vietnam

Missing a bank? Suggest one

We're a comparison service, not a bank: we don't take deposits. Rates change without notice; verify with the bank before you deposit. Not financial advice.