Vietnam International Commercial Joint Stock Bank (VIB) has just adjusted down savings interest rates for some terms. Accordingly, VIB reduced interest rates for some terms by 0.2-0.5 percentage points.
After adjustment, the deposit interest rate at the counter for customers receiving interest at the end of the term ranges from 4.25%/year to 6.5%/year for terms from 1-36 months.
According to the interest rate schedule, VIB continues to apply three deposit limits, including from 10 million VND to under 300 million VND, from 300 million VND to under 3 billion VND and from 3 billion VND or more.
In which, the interest rates for 1-month and 2-month terms are 4.25%/year, 4.3%/year and 4.35%/year respectively corresponding to the three deposit limits.
For terms of 3 months to 5 months, interest rates are listed at 4.35%/year, 4.4%/year and 4.45%/year.
From 6 months to 8 months, VIB applies an interest rate of 5.5%/year for all deposit limits. Terms from 9 months to 11 months are listed at 5.6%/year, while the 12-month term enjoys an interest rate of 6.5%/year - the highest level in the deposit interest rate schedule at the counter, receiving interest at the end of the term.
For 15-month and 18-month terms, the interest rate is applied at 5.7%/year. 24-month and 36-month terms are both listed at 5.8%/year. Deposits with terms under 1 month are entitled to an interest rate of 0.25%/year.
For online deposit products, receiving interest at the end of the term, VIB applies interest rates from 4.35%/year to 7%/year for terms from 1 - 36 months.
According to the interest rate schedule, VIB continues to divide into three deposit limits, including from 2 million VND to under 300 million VND, from 300 million VND to under 3 billion VND and from 3 billion VND or more.
Interest rates for 1-month and 2-month terms are 4.35%/year, 4.4%/year and 4.45%/year respectively corresponding to the three deposit limits.
For terms of 3 months to 5 months, interest rates are listed at 4.45%/year, 4.5%/year and 4.55%/year.
From 6 months to 8 months, VIB applies an interest rate of 5.7%/year for all deposit limits. 9-month to 11-month terms are listed at 5.8%/year, while 12-month terms enjoy an interest rate of 7%/year - the highest level in the online deposit interest rate schedule.
For 15-month and 18-month terms, the interest rate is applied at 5.9%/year. 24-month and 36-month terms are both listed at 6%/year.
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.
