Interest Rate of VIB has increased in many terms. Specifically, the 3-month term increased from 3.4% to 3.6%; the 6-month term increased from 4.5% to 4.6%; the 12-month term increased from 4.9% to 5.1%; the 24-month term increased from 5.2% to 5.3%.
Dong A Bank has increased interest rates for some terms. Specifically, the 3-month term increased from 3% to 3.5%; the 6-month term increased from 4% to 4.5%.
The current interest rate of PVcomBank is the highest in the market, reaching 9.5% for a 12-month term with a minimum deposit of 2,000 billion VND.
Next is HDBank with a relatively high interest rate of 8.1%/year for a 13-month term and 7.7% for a 12-month term, with a condition of maintaining a minimum balance of 500 billion VND. This bank also applies an interest rate of 6% for an 18-month term.
MSB also applies a relatively high interest rate with a deposit interest rate of up to 8%/year for a 13-month term and 7% for a 12-month term. The condition for application is a new savings book or a savings book opened from January 1, 2018, automatically renewed with a 12-month, 13-month term, and a deposit of 500 billion VND or more.
Dong A Bank has an interest rate for deposits, with a term of 13 months or more, with an interest rate of 7.5%/year for a deposit of 200 billion VND or more.
NCB, VRB, and OceanBank apply an interest rate of 6.1% for a 24-month term; BAC A BANK applies an interest rate of 6.05% for a 24-month term.
OCB applies an interest rate of 6% for a 36-month term; ABBank applies an interest rate of 6% for a 12-month term; BVBank and Cake by VPBank also apply an interest rate of 6% for a 24-month and 12-month term; SaigonBank applies an interest rate of 6% for a 13, 18, and 24-month term, and 6.1% for a 36-month term.
Statistics of banks with the highest deposit interest rates currently:
Comparing the highest and lowest interest rates of banks at 3-month, 6-month, 12-month, and 24-month terms based on the survey of PV Báo Lao Động, the highest interest rate at 3-month term is 4.2% of Cake by VPBank. Meanwhile, the lowest interest rate at 3-month term is 1.9% of Vietcombank and SCB. The difference in interest rates between the highest and lowest at 3-month term is quite large, reaching 2.3%.
The highest interest rate at 6-month term is 5.5%, belonging to Cake by VPBank. The lowest interest rate at this term is 2.9% of Vietcombank and SCB. The gap between the highest and lowest interest rates at 6-month term is 2.6%.
For a 12-month term, PVcomBank has broken through with an interest rate of 9.5%, much higher than the highest rate of 5% of some other banks. Meanwhile, SCB has the lowest interest rate at this term, at 3.7%, creating a gap of 5.8%.
At 24-month term, the highest interest rate of banks is 6.1% of NCB and OceanBank. The lowest interest rate is 3.9% of SCB. The gap between the highest and lowest interest rates at 24-month term is 2.2%.
Comparing the highest interest rates of banks at 3-month term
Deposit interest rates at banks for 6-month term
To deposit 12 months, which bank has the highest interest rate?
Latest update on interest rates of Agribank, Sacombank, SCB, Vietcombank... at 24-month term.
The information on interest rates is for reference only and may change over time. Please contact the nearest bank branch or hotline for specific advice.
Readers can refer to the following articles on interest rates HERE.
