Agribank has the highest interest rate in the Big4 group
Recently, the group of four state-owned commercial banks including Agribank, VietinBank, BIDV and Vietcombank simultaneously adjusted to increase deposit interest rates. In which, VietinBank has increased interest rates twice recently.
According to VietinBank's new interest rate schedule, terms of 1–2 months are listed at 3%/year; terms of 3–5 months are 3.4%/year; terms of 6–11 months reach 4.5%/year. For 12-month terms, the interest rate increases to 5.2%/year; terms from 13–36 months are at 5.3%/year.
The deposit interest rate at VietinBank's counters is currently kept unchanged. The interest rate for receiving interest at the end of the counter period is 2.1%/year for terms of 1–2 months; 2.4%/year for terms of 3–5 months; 3.5%/year for terms of 6–11 months; 5.2%/year for terms of 12–18 months and 5.3%/year for terms of 24–36 months. Thus, VietinBank is applying the same interest rate between counter deposits and online deposits for terms from 12–36 months.
Comparison in the Big4 group shows that deposit interest rates for terms of 1–2 months and 13–36 months of VietinBank are currently equal to BIDV and Agribank, and also higher than Vietcombank for the same term.
Meanwhile, Agribank is still the bank with deposit interest rates slightly higher than the remaining three banks in the Big4 group for some terms, including 3 months, 6 months and 9 months.
The highest special interest rate is 6.5–9.65%/year
The highest deposit interest rate at banks currently fluctuates in the range of 6.5–9%/year, but to enjoy this interest rate, customers must meet special conditions on deposit size.
PVcomBank applies a special interest rate of 9%/year for terms of 12–13 months when depositing money at the counter, with the condition of maintaining a minimum balance of 2,000 billion VND.
MSB still applies an interest rate of 8% for customers depositing savings for a term of 12 months, with deposits from 500 billion VND or more.
HDBank applies an interest rate of 8.1%/year for a 13-month term and 7.7%/year for a 12-month term, with a minimum balance of 500 billion VND.
Vikki Bank applies an interest rate of 8.4%/year for deposits from 13 months or more, with a minimum deposit amount of 999 billion VND.
For deposit accounts from 500 million VND at OCB, this bank lists interest rates of 6.7%/year for terms of 12-15 months; term of 18 months 6.9%/year; term of 21 months 7%/year; term of 24 months 7.1%/year; term of 36 months 7.3%/year.
Viet A Bank applies an interest rate of over 6%/year for the Dak Tai Savings product, with interest rates ranging from 6.0%/year for a 6-month term to 6.8%/year for a 18-month term. The applicable condition is a minimum deposit amount of 100 million VND, transaction at the counter and interest payment at the end of the term.
For deposits over 1 billion VND at Bac A Bank, the interest rate is increased to 6.4%/year for terms of 6–8 months; 6.45%/year for terms of 9–11 months; 6.5%/year for terms of 12 months; 6.6%/year for terms of 13–15 months and 6.7%/year for terms of 18–36 months.
Nam A Bank applies an interest rate of 6.5%/year for a 24-month term and 6.3%/year for a 36-month term, provided that the deposit amount is 500 billion VND or more.
Many banks list interest rates above 6.5%/year without conditions attached
In addition to special interest rate packages, many banks are also listing interest rates above 6.5%/year for long terms without requiring a minimum deposit amount.
Vikki Bank applies an interest rate of 6.5%/year for 6-month terms; 6.6%/year and 6.7%/year respectively for 12-month and 13-month terms. Cake by VPBank maintains an interest rate of 7.1%/year for terms from 6–36 months.
Bac A Bank lists interest rates of 6.5%/year for terms from 6–11 months; 6.5%/year for terms of 12 months; 6.6%/year for terms of 13–15 months and 6.7%/year for terms from 18–36 months.
OCB applies an interest rate of 6.5%/year for terms of 12 – 15 months; 18-month term 6.7%/year; 21-month term 6.8%/year; 24-month term 6.9%/year; 36-month term up to 7.1%/year.
VIB applies an interest rate of 6.5%/year for a 12-month term; PVcomBank applies an interest rate of 6.8%/year for terms from 15–36 months.
PGBank applies an interest rate of 7.1%/year for terms of 6-9 months; terms of 12-13 months are 7.2%/year; terms of 18-36 months are 6.8%/year.
MBV applies an interest rate of 6.5%/year for terms of 6-11 months; 7.2%/year for terms of 12-36 months.
Statistics of banks with the highest savings deposit interest rates today:
Comparing the highest bank interest rates for a 3-month term
Interest rates for 6-month term savings deposits at banks
12-month savings deposit, which bank's interest rate is the highest?
Agribank bank interest rates, Sacombank interest rates, SCB interest rates, Vietcombank interest rates... highest 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.
