Learn more about the Yellow Umbrella Credit, which protects small businesses and small business owners from threats to their livelihoods and provides opportunities for business recovery!
Are you trying to find out about the yellow umbrella deduction, but are confused by too much information? Learn about the yellow umbrella deduction with our [Yellow Umbrella Deduction Loan, Customized Support for Small Businesses] app and receive subscriber benefits after signing up!
▶ Yellow Umbrella Mutual Aid Subscription Eligibility, Subscription Payment, and Subscription Method
Yellow Idol Deduction: Since not everyone is eligible, we have organized those eligible for membership in a table. Find out about the subscription fee and various subscription methods!
▶ 5 benefits for yellow umbrella deduction subscribers
Check out the benefits provided by the Yellow Umbrella Deduction, such as income deduction benefits of up to 5 million won per year for payments, prohibition of seizure, compound interest, and hope incentives!
▶ Yellow umbrella deduction policies that vary by region
What are the yellow umbrella deduction policies in our region? If so, what is the support and contact information? Don't worry! We've prepared it so you can see the region, application deadline, relevant organization, support target, contents, and contact information at a glance!
▶ Deduction payment standards, payment amount and payment method
The yellow idol deduction is a lump sum paid to subscribers who face threats to their livelihood due to business closure, retirement, old age, etc., by applying annual compound interest to the amount paid by the subscriber. Check out the app for more detailed explanations, payment standards, payment amounts and methods!
▶ QnA regarding yellow umbrella deduction
Are there any penalties if I sign up for the mutual aid plan and then cancel it? Can I make the installment payment in advance? We'll give you the answers to the questions you've been curious about!
* Loan interest rate: 3.8% ~ 5.0% per year
* Repayment period: Minimum 1 year ~ Maximum 30 years
* Repayment method: Equal repayment of principal and interest, equal repayment of principal, interest only repayment, etc.
* Loan limit: Up to 90% of the subscribed deductible, up to 30 million won
* An example of the total cost of the loan is as follows:
It varies depending on the loan amount. Total repayment amount for a loan of 10 million won: approximately 12 million won or less (when applying a maximum annual interest rate of 20%)
For a loan of 10 million won, if repaid in 1 year, the total repayment amount is approximately 10.5 million won (when applying an annual interest rate of 5%)
(May vary depending on loan product)
※ This app does not represent the government or government agencies, and provides only high-quality information.
※ Source: Yellow Umbrella Mutual Aid
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