Use the calculator to find out how to apply for a Double Hope Youth account and how much the amount including interest will be at maturity.
How to apply
○ Application period: 2024. 6. 10. (Mon) ~ 6. 21. (Fri) 18:00 ※ No applications outside the application period.
○ How to apply
Online application (Seoul City Welfare Foundation Asset Formation Support Project: account.welfare.seoul.kr)
Visit the community center at your address (check the community center: http://www.juso.go.kr)
※ The reception area will be crowded on the application deadline, June 21 (Friday), so please apply in advance.
– (Online) Applications must be submitted by 18:00 on the application deadline.
– (Visit) 09:00~18:00 during working days
2024 Hope Double Youth Account Application Method Maturity Interest Calculator
2024 Hope Double Youth Account Application Method Maturity Interest Calculator
2024 Hope Double Youth Account Application Method Maturity Interest Calculator
2024 Hope Double Youth Account Application Method Maturity Interest Calculator
interest calculator
The interest rate is the Bank of Korea base rate. Please note that this amount is calculated at the current 3.5% rate. Be sure to read the precautions at the bottom of the calculator.
[Subscription target]
① Area of residence: Young people living in Seoul
② Age: Young people aged 18 to 34 (born between 1989 and 2006)
③ Employment status: Young people who have worked for more than 3 months in the past year (work for more than 10 days is recognized as 1 month) or are currently working for more than 3 months.
④ Earned income: Monthly average of 2.55 million won or less before tax (※ Base period: June 2023 ~ May 2024)
⑤ Parent or spouse’s income: less than KRW 100 million per year (pre-tax monthly average of KRW 8.34 million), property less than KRW 900 million (the standard period is the same as earned income)
2. 2024 Seoul City Double Hope Youth Passbook Support Amount and Agreement Details
[Support amount]
The monthly savings amount and support provided by the Seoul City Hope Double Youth Account are as follows. You can save for more than 2 years and up to 3 years. At maturity, you will receive double the principal as a matching support amount and receive interest when you save every month. If you meet the requirements, please apply without fail to increase your seed. !
Category Remarks
If you save 150,000 won every month
interest excluded
Matching support amount: 150,000 won
Total savings 7.2 million won for 2 years
3 years 10.8 million won
[Contents of Agreement]
In addition, in order to receive savings from the Seoul Hope Double Youth Account, there are a few things you must follow during the subscription period, so please do not miss them.
<Support details>
Category Remarks
If you save 150,000 won every month
interest excluded
(Interest is based on the Bank of Korea)
Matching support amount: 150,000 won
Total savings 7.2 million won for 2 years
3 years 10.8 million won
<Calculator>
Savings period:
2 years
Number of Saving Months:
24
Calculate
Total points: KRW
📢Caution
✅ Residence in Seoul within the contract period (maintain resident registration)
✅ Save more than 50% of the contract period once a month
✅ Maintain employment for more than 50% of the contract period
✅ Complete financial education at least once a year