The Military Tomorrow Savings (Jangbyeong Naeil Junbi Jeokgeum) has a maturity date fixed to the scheduled discharge date, so the later you enroll, the less money you can receive. The matching support funds the government adds on top of deposited principal also apply only to amounts actually deposited. Entering the second half of the year, selling banks have been revising their preferential rate conditions one after another, widening the differences in terms depending on when and at which bank you enroll.

Who Can Enroll

Eligible enrollees are those fulfilling military service obligations, including active-duty soldiers, full-time reserve forces, social service personnel, and alternative service personnel. You can enroll if at least one month of mandatory service remains as of the enrollment date. The enrollment period ranges from 1 month to a maximum of 24 months, with the remaining service period serving as the enrollment period.

Matching Support Funds Apply Only to What You Deposit

For deposits made from 2024 onward, the matching support fund pays 100% of the deposited principal. It is a social reintegration preparation fund drawn from the national budget, separate from bank interest, and can only be received upon maturity settlement of the savings account. Because maturity is tied to the discharge date, letting months slip by after enlistment reduces the number of deposits and, in turn, the matching support funds. Deposits cannot be made retroactively for the period before enrollment.

Monthly Deposit Limit of 550,000 Won Requires Enrolling at Two Banks

The deposit limit is 550,000 won per person per month. Only up to 300,000 won per month can be deposited at a single bank, so to reach the limit you must enroll at two banks. Only one account per person is allowed at each bank.

A 3-Month Delay Means a 3.3 Million Won Difference

Calculating the case of depositing 550,000 won every month without fail over the 18-month service period for Army and Marine Corps personnel, the deposited principal comes to 9.9 million won. An equal matching support fund of 9.9 million won is added, bringing the total to 19.8 million won even before bank interest. Under the same conditions, if enrollment is delayed by 3 months and only 15 months of deposits are made, the total comes to just 16.5 million won — 8.25 million won in principal plus 8.25 million won in matching funds. In other words, whether or not you enroll immediately after enlistment alone makes a 3.3 million won difference. Actual amounts vary depending on deposit history and applied interest rates.

Banks Keep Revising Preferential Rate Conditions

Bank rates continue to be adjusted. Hana Bank raised its combined preferential rates from 5.5 to 5.6 percentage points annually starting October 1. It increased the military payroll transfer bonus from 1.6 to 1.8 percentage points while lowering the housing subscription savings bonus from 0.5 to 0.4 percentage points. This change applies only to new enrollees on or after the effective date.

KB Kookmin Bank will pay an additional event rate of 0.5 percentage points annually to members of its Military Club among those who enroll between September 11, 2026 and January 25, 2027.

The maximum rates advertised by banks apply only when all preferential conditions — such as payroll transfer, holding a housing subscription account, card spending records, and basic livelihood subsidy recipient status — are met. The actual applied rate must be calculated by adding only the preferential items you can satisfy to the base rate. Those subject to comprehensive financial income taxation cannot enroll.

How to Enroll and Required Documents

To enroll, you must submit a Military Tomorrow Savings eligibility confirmation certificate to the bank. Active-duty soldiers and full-time reserve forces obtain it from their units, while social service personnel obtain it through the social service portal. The certificate is valid for 3 months. Some banks accept non-face-to-face enrollment with certificates issued through the Nara Sarang Portal app.

Early Termination Means Losses — Proof Required at Maturity Settlement

Early termination applies a lower rate than the contracted rate and disqualifies you from the matching support funds. When settling at maturity after discharge or release from call-up, you must submit one form of proof — discharge certificate, military service certificate, or military service record certificate — for the support funds to be paid.

Two Things to Watch Going Forward

First is next year's matching support fund budget. Bank terms include a clause stating that the support amount may change or payments may be suspended if national policies or related laws change. Second is each bank's preferential rate restructuring. Since recent adjustments apply only to new enrollees, the same bank product may yield different rates depending on when you enroll.

[ Support details may change or be discontinued depending on government budget and policy changes. Actual payouts vary depending on enrollment timing, deposit history, maturity settlement, and applied interest rates. Before enrolling, please check the product description of the relevant bank and the latest guidance from the Ministry of National Defense and the Military Manpower Administration. AI assistance was used in part. ]