South Korea commercial bank deposit interest rates by maturity (monthly)
Monthly weighted average interest rates on newly extended deposits at commercial and specialized banks in South Korea (예금은행 수신금리 - 신규취급액 기준), covering Time & Savings Deposits, Pure Savings Deposits, Time Deposits by maturity (<6M, 6M–1Y, 1Y, 2–3Y), Installment Savings, and Marketable Instruments (CDs, RPs, Debentures).
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| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Time & Savings Deposits (Total) | 3.21 | 3.21 | 3.08 | 2.93 | 2.92 | 2.82 | 2.83 | 2.79 | 2.9 | 2.81 | 2.57 | 2.52 | 2.49 | 2.51 | 2.55 | 2.63 | 2.71 | 2.84 | 2.97 | 3.07 | 3.21 | 3.35 | 3.37 | 3.4 | 3.35 | 3.41 | 3.51 | 3.55 | 3.53 | 3.58 | 3.63 | 3.67 | 3.85 | 3.99 | 3.95 | 3.81 | 3.65 | |
| Time & Savings Deposits (Excl. Debentures) | 3.14 | 3.15 | 3.02 | 2.88 | 2.88 | 2.79 | 2.8 | 2.77 | 2.9 | 2.8 | 2.56 | 2.52 | 2.49 | 2.51 | 2.55 | 2.64 | 2.72 | 2.83 | 2.97 | 3.08 | 3.22 | 3.36 | 3.38 | 3.42 | 3.37 | 3.42 | 3.5 | 3.54 | 3.52 | 3.56 | 3.61 | 3.66 | 3.84 | 3.97 | 3.92 | 3.77 | 3.61 | |
| Pure Savings Deposits | 3.14 | 3.16 | 3.02 | 2.88 | 2.87 | 2.79 | 2.8 | 2.77 | 2.89 | 2.78 | 2.56 | 2.52 | 2.48 | 2.5 | 2.54 | 2.64 | 2.71 | 2.83 | 2.97 | 3.08 | 3.22 | 3.36 | 3.37 | 3.41 | 3.36 | 3.41 | 3.5 | 3.53 | 3.5 | 3.54 | 3.6 | 3.64 | 3.83 | 3.96 | 3.91 | 3.74 | 3.59 | |
| Time Deposits (Total) | 3.14 | 3.15 | 3.02 | 2.88 | 2.87 | 2.79 | 2.8 | 2.77 | 2.89 | 2.78 | 2.56 | 2.52 | 2.48 | 2.5 | 2.54 | 2.64 | 2.71 | 2.83 | 2.97 | 3.08 | 3.22 | 3.36 | 3.37 | 3.41 | 3.36 | 3.41 | 3.5 | 3.53 | 3.5 | 3.53 | 3.59 | 3.64 | 3.83 | 3.96 | 3.92 | 3.74 | 3.59 | |
| Time Deposits (Under 6 Months) | 2.97 | 2.88 | 2.85 | 2.74 | 2.72 | 2.67 | 2.7 | 2.7 | 2.83 | 2.68 | 2.51 | 2.48 | 2.45 | 2.47 | 2.52 | 2.63 | 2.69 | 2.79 | 2.96 | 3.07 | 3.22 | 3.3 | 3.35 | 3.39 | 3.34 | 3.39 | 3.46 | 3.45 | 3.44 | 3.49 | 3.56 | 3.63 | 3.75 | 3.71 | 3.74 | 3.6 | 3.47 | |
| Time Deposits (6 Months to <1 Year) | 3.37 | 3.26 | 3.08 | 2.88 | 2.87 | 2.84 | 2.87 | 2.83 | 3.03 | 2.9 | 2.63 | 2.58 | 2.53 | 2.55 | 2.55 | 2.66 | 2.72 | 2.86 | 3.01 | 3.13 | 3.3 | 3.45 | 3.46 | 3.49 | 3.42 | 3.46 | 3.54 | 3.57 | 3.54 | 3.54 | 3.64 | 3.69 | 3.91 | 4.14 | 4.05 | 3.95 | 3.73 | |
| Time Deposits (1 Year) | 3.39 | 3.48 | 3.26 | 3.06 | 3.04 | 2.93 | 2.89 | 2.84 | 2.89 | 2.85 | 2.58 | 2.54 | 2.51 | 2.52 | 2.57 | 2.64 | 2.73 | 2.89 | 2.98 | 3.06 | 3.18 | 3.39 | 3.37 | 3.39 | 3.36 | 3.42 | 3.54 | 3.61 | 3.56 | 3.61 | 3.63 | 3.65 | 3.88 | 4.18 | 4.11 | 3.89 | 3.74 | |
| Time Deposits (2 to <3 Years) | 3.49 | 3.52 | 3.49 | 3.4 | 3.32 | 3.12 | 3.12 | 2.85 | 2.67 | 2.64 | 2.43 | 2.43 | 2.42 | 2.43 | 2.51 | 2.51 | 2.52 | 2.7 | 2.66 | 2.74 | 2.88 | 3.2 | 3.02 | 3.04 | 3.1 | 3.11 | 3.2 | 3.29 | 3.41 | 3.35 | 3.35 | 3.41 | 3.47 | 3.82 | 3.82 | 3.02 | 3.53 | |
| Installment Savings | 3.72 | 3.99 | 2.9 | 2.84 | 2.85 | 2.94 | 2.86 | 2.96 | 2.98 | 2.84 | 2.89 | 2.96 | 2.87 | 3.04 | 3.04 | 3.02 | 3.1 | 3.2 | 3.21 | 3.25 | 3.27 | 3.41 | 3.45 | 3.45 | 3.56 | 3.77 | 3.52 | 3.57 | 3.89 | 4.15 | 4.13 | 3.68 | 3.55 | 3.5 | 3.47 | 3.46 | 3.45 | |
| Marketable Financial Instruments | 3.53 | 3.48 | 3.36 | 3.13 | 3.07 | 2.98 | 2.99 | 2.84 | 2.95 | 2.9 | 2.61 | 2.54 | 2.52 | 2.54 | 2.55 | 2.58 | 2.69 | 2.89 | 2.97 | 3.04 | 3.17 | 3.31 | 3.34 | 3.36 | 3.32 | 3.41 | 3.58 | 3.64 | 3.62 | 3.73 | 3.75 | 3.76 | 3.92 | 4.08 | 4.07 | 3.96 | 3.79 | |
| Negotiable Certificates of Deposit (CDs) | 3.24 | 3.06 | 3.12 | 2.94 | 2.93 | 2.86 | 2.88 | 2.71 | 3.06 | 3.03 | 2.66 | 2.57 | 2.55 | 2.54 | 2.56 | 2.64 | 2.75 | 2.88 | 2.99 | 3.15 | 3.34 | 3.42 | 3.52 | 3.55 | 3.48 | 3.53 | 3.61 | 3.68 | 3.66 | 3.73 | 3.79 | 3.8 | 4.03 | 4.15 | 4.21 | 4.12 | 3.86 | |
| Repurchase Agreements (RPs) | 2.87 | 2.84 | 2.89 | 2.81 | 2.7 | 3.12 | 2.71 | 2.77 | 2.83 | 2.71 | 2.48 | 2.43 | 2.5 | 2.46 | 2.53 | 2.62 | 2.83 | 2.94 | 3.08 | 3.23 | 3.26 | 3.45 | 3.44 | 3.33 | 3.33 | 3.55 | 3.57 | 3.57 | 3.65 | 3.7 | 3.87 | 3.45 | 3.5 | 3.55 | 3.44 | 3.57 | 3.52 | |
| Financial Debentures | 3.57 | 3.57 | 3.41 | 3.17 | 3.13 | 3.01 | 3.01 | 2.87 | 2.88 | 2.85 | 2.6 | 2.53 | 2.52 | 2.54 | 2.55 | 2.56 | 2.66 | 2.91 | 2.97 | 3.01 | 3.11 | 3.27 | 3.28 | 3.3 | 3.29 | 3.36 | 3.56 | 3.63 | 3.61 | 3.72 | 3.73 | 3.76 | 3.94 | 4.14 | 4.14 | 4 | 3.88 |
Latest reading
The series on this page is monthly and runs from Jan 1996 to Aug 2026.
About this data
Monthly weighted average interest rates on newly extended deposits at commercial and specialized banks in South Korea (예금은행 수신금리 - 신규취급액 기준), covering Time & Savings Deposits, Pure Savings Deposits, Time Deposits by maturity (<6M, 6M–1Y, 1Y, 2–3Y), Installment Savings, and Marketable Instruments (CDs, RPs, Debentures).
Frequently asked questions
- What is the latest figure for South Korea commercial bank deposit interest rates by maturity (monthly)?
- Time & Savings Deposits (Total) stood at 3.21% in Aug 2026. That is unchanged from Jul 2026 and +0.7 pp from a year earlier.
- How far back does the South Korea commercial bank deposit interest rates by maturity (monthly) data go?
- The series on this page is monthly and runs from Jan 1996 to Aug 2026. Every series in the table can be charted over its full history and downloaded as CSV or Excel.