K bank launches public rental housing service with loan tools in one place

K bank has launched a service that consolidates public rental housing listings, estimated housing costs and related loan products in a single platform.

The bank announced Thursday that it partnered with startup Peulda to roll out the service, integrating Peulda's residential platform Jipjikyeo into the K bank app.

Users can search listings by preferred region and housing type, and view application schedules, eligibility requirements, floor plans and interior photos. The service also lets users calculate in advance how converting between a deposit and monthly rent would affect each amount, and how much interest they would pay if they took out a loan. For those looking to lower monthly rent by paying a larger deposit, the tool allows a side-by-side comparison of the reduction in monthly rent against the additional loan interest they would incur.

K bank has also linked its own loan products to the service, allowing users to browse financing options for deposits and other housing costs while comparing the terms of individual rental units.

"We designed the service so customers can conveniently explore everything from public rental housing information to the financial products needed to fund their move," a K bank official said. "We hope it provides real, practical support as customers prepare for their next home."