Phuong Dong Commercial Joint Stock Bank (OCB) has just increased online deposit interest rates by 0.1%/year for terms from 6-36 months, applying to all three groups of deposits under 100 million VND, from 100-500 million VND and over 500 million VND.
For deposits under 100 million VND, interest rates for terms of 6-11 months and 13-15 months are increased to 6.5%/year; terms of 12 and 21 months to 6.8%/year; term of 18 months is 6.7%/year; term of 24 months is 6.9%/year and term of 36 months is 7.1%/year.
For deposits from 100-500 million VND, interest rates for terms of 6-11 months and 13-15 months increased to 6.6%/year; terms of 12 and 21 months are 6.9%/year; term of 18 months is 6.8%/year; term of 24 months is 7%/year and term of 36 months is 7.2%/year.
For deposits over 500 million VND, interest rates for terms of 6-11 months and 13-15 months increased to 6.7%/year; terms of 12 and 21 months reached 7%/year; term of 18 months was 6.9%/year; terms of 24 and 36 months increased to 7.1% and 7.3%/year respectively.
OCB maintains the interest rate for terms of 1-5 months at 4.75%/year for online savings. The bank also continues to maintain a special interest rate of 8.5%/year for customers depositing at the counter for terms of 6 months and 12 months, applicable to deposits from 1,000 billion VND or more.
To date, 4 banks have adjusted interest rate schedules in May. Among them, VPBank reduced interest rates; Bac A Bank increased interest rates for 13-month terms; OCB increased interest rates for many terms; Saigonbank strongly increased online savings interest rates for 13-month terms from 7%/year to 7.9%/year, and the bank also reduced deposit interest rates for terms from 7-11 months and from 18-36 months.
Statistics of banks with the highest savings interest rates today
Comparing the highest 3-month term bank interest rates
The highest 6-month term bank savings interest rate today
For 12-month savings, which bank has the highest interest rate?
Highest bank interest rate for 24-month term
Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
