Military Discharge Lump Sum Calculator

Enter your enlistment date and branch to see cumulative conscript pay plus Soldier Tomorrow Savings (100% government match) at discharge.

📅 Baseline year 2026

Conscript pay, deposit caps, matching rates, and interest rates change every year. This calculator uses the 2026 tables — confirm actual amounts with MMA, MND, the Narasarang portal, and your bank.

🎖️ Service Details

Branch

💰 Soldier Tomorrow Savings

KRW

Cap 550,000 / bank 300,000

months

Months until account opened

Bank base ~5% + preferential. The 1% state interest subsidy is added automatically.

⚠️ Points to check

  • · 550,000원 per month exceeds the 300,000 KRW single-bank cap. You need 2 banks to deposit the full amount.

📊 Discharge Lump Sum

Estimated lump sum at discharge

3,047만원

Cumulative pay + savings maturity

30,470,250원

Discharge date

2027-09-01

Service length

Army · 1년 6개월

Lump sum breakdown

Savings principal
990만원
Government match
990만원
Interest (bank + state)
47만원
Pay not deposited
1,020만원
Cumulative pay
2,010만원
Savings maturity
2,027만원
Monthly average
169.3만원
If terminated early
2,014만원

🏛️ The match is paid by the Ministry of National Defense, not the bank

The 100% government match is paid separately by MND in the month after maturity (expected 2027-10). It does not arrive from the bank on the maturity date, and payouts have been delayed in the past.

✂️ Early termination forfeits the entire match

Terminating before maturity removes the full government match and applies only the early-termination rate: 2,027만원 drops to 994만원.

🏦 Two banks are needed for the full 550,000 KRW

Each bank caps the monthly deposit at 300,000 KRW, so filling the 550,000 KRW personal cap requires splitting across two different banks.

📌 The "30 million KRW" figure is not savings alone

The commonly cited ~30M KRW discharge lump sum is cumulative pay plus savings maturity, assuming none of the pay was spent. Real balances are lower by whatever was spent on living costs.

📅 Monthly Pay & Savings

MonthPeriodRankPayDepositCum. payCum. deposit
12026-03Private75만원55.0만원75만원55만원
22026-04Private75만원55.0만원150만원110만원
32026-05PFC90만원55.0만원240만원165만원
42026-06PFC90만원55.0만원330만원220만원
52026-07PFC90만원55.0만원420만원275만원
62026-08PFC90만원55.0만원510만원330만원
Private 2mPFC 6mCorporal 6mSergeant 4m

🏦 Compare savings rates by bank

The 16 participating banks offer different base and preferential rates. Compare on the Korea Federation of Banks portal before picking two.

Data sources

  • 💵 Conscript pay: MND military remuneration regulation, annual pay table (2026 baseline)
  • 🎖️ Service length: Military Service Act art. 18 — Army/Marines 18, Navy 20, Air Force/social 21 months
  • ⬆️ Promotion: Military Personnel Management Act rules — Private 2 → PFC 6 → Corporal 6 → Sergeant
  • 🏦 Savings: MND/MMA Soldier Tomorrow Savings (100% match, 1% state interest)
  • 📈 Rates: Korea Federation of Banks consumer portal

※ All figures are reference estimates. Confirm actual amounts and conditions with MMA, MND, the Narasarang portal, and your bank.

Related pages · bal.pe.kr tools

Details on savings and matching: Guide, FAQ: FAQ, sources: About. Last updated 2026-07-12.