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Second-round applicants for Youth Future Savings should first check their final eligibility notice. Have the participating institution’s app ready and open an account from November 16 through November 27. Youth Leap Account holders should also complete the linked enrollment process.
The schedule and figures are based on the Financial Services Commission’s September 30, 2026 notice and October 6 post.
November review results and account opening schedule
This account opening period is a follow-up step for people who applied in October. As of November 7, 2026, the scheduled final result notification dates have not yet arrived. If you missed the October application period, you cannot submit a new application during this account opening period.
| Step | 2026 schedule | What to check |
|---|---|---|
| Enrollment application | October 7 to 16, excluding Saturdays, Sundays, and public holidays | Check whether you have already completed your application |
| Eligibility review | October 19 to November 13 | Check for requests for additional documents or consent |
| Preliminary review results | October 30 to November 2, tentative | Distinguish these from the final results |
| Appeals | November 2 to 5, tentative | Check your individual notice and whether your appeal has been received and processed |
| Final result notification | Scheduled for November 12 to 13 | Check your eligibility and enrollment category |
| Account opening | November 16 to 27, excluding Saturdays and Sundays | Complete account opening in the participating institution’s app |
The Financial Services Commission stated that its internal review schedule may change.
The internal review schedule may change in part depending on the number of applicants, review progress, and other factors.
The source is the Financial Services Commission’s guide to second-round enrollment procedures and key dates. Distinguish the scheduled dates from your actual individual notification. If you receive a notice of changes, check the applicable schedule again.
Once deposits are enabled, make your first deposit and check the transaction history.AI-generated image
How to check your Youth Future Savings review results
Check the final results in the notification message or text message from the Korea Inclusive Finance Agency. The category you selected when applying does not guarantee your final enrollment category. Be sure to read the follow-up instructions in the result notice as well.
- Check whether the notice you received concerns the preliminary or final review.
- Check your eligibility and assigned category, such as standard or preferential.
- Check whether any requests for additional documents or household member consent remain outstanding.
- If you have not received a result or the details are unclear, contact an official channel.
You can also check your review progress on the Korea Inclusive Finance Agency’s product website. For inquiries, call the Youth Finance Call Center at 1397 and select option 3. For account opening errors in the app, it is best to contact the participating institution you plan to use.
Youth Future Savings account opening procedure
Open your account in the participating institution’s app after receiving your final eligibility notice. Submitting an application alone does not create a savings account. Before opening the account, make sure you can log in to the app and have a way to verify your identity.
- Open the participating institution’s app specified in your individual notice.
- Check the review result and applicable category on the product enrollment screen.
- Review the interest rate conditions and product description, then proceed with account opening.
- Check the completion screen to confirm that the savings account has been created.
- If deposits are enabled, make a deposit and check the transaction history.
Prepare additional documents if requested. If household members cannot be verified, you may need a family relationship certificate. If SME status cannot be verified, you may be asked to provide an SME confirmation certificate.
The participating institutions for the second round in 2026 are:
- NongHyup, Shinhan, Woori, Hana, IBK, KB Kookmin, Suhyup
- iM, Busan, Kwangju, Jeonbuk, Kyongnam, KakaoBank, Korea Post
Check the app’s instructions for each institution’s identity verification process and required documents. You should also check with the participating institution about the hours when accounts can be opened. Do not assume that the deadline time for special early termination also applies to account opening.
Conditions and benefits by enrollment category
In your final results, check both your eligibility and your government contribution category. The income review uses income finalized by the National Tax Service for 2025. As a rule, you must be 19 to 34 years old on the account opening date. Up to 6 years of documented military service are excluded when calculating your age.
The table below shows the income criteria in the second-round guidance for 2026. You must meet both the personal income or sales requirements and the household income requirement.
| Category | Annual personal income or sales | Household income relative to the standard median income | Government contribution as a percentage of deposits |
|---|---|---|---|
| Standard category: income earners | Total salary of at most KRW 60 million or comprehensive income of at most KRW 48 million | At most 200% | 6% |
| Standard category: small business owners | Annual sales of at most KRW 300 million | At most 200% | 6% |
| Preferential category: new SME employees | Total salary of at most KRW 60 million or comprehensive income of at most KRW 48 million | At most 200% | 12% |
| Preferential category: existing SME employees | Total salary of at most KRW 36 million or comprehensive income of at most KRW 26 million | At most 150% | 12% |
| Preferential category: small business owners | Annual sales of at most KRW 100 million | At most 150% | 12% |
| Income bracket eligible for tax benefits only | Total salary of more than KRW 60 million and at most KRW 75 million, or comprehensive income of more than KRW 48 million and at most KRW 63 million | At most 200% | None |
For dual-income, two-person households, the 200% threshold in the table is relaxed to 250%. The 150% threshold is relaxed to 200%. The household must consist of you and your spouse as listed on the resident registration record. Both people’s income must be verifiable through the National Tax Service.
New employees must have started their first job in 2025. They must currently work for an SME. Small business owners must also meet separate eligibility requirements, including business sector requirements. Do not determine eligibility for the preferential category based on income alone.
This is a flexible-installment savings product with a 3-year term. The monthly deposit limit is KRW 500,000, and the annual limit is KRW 6 million. Interest income is tax-exempt. Check the detailed requirements in the Korea Inclusive Finance Agency’s product guide.
