The highest deposit interest rate at banks is in the range of 6 - 9%/year, however, to enjoy this incentive, customers must meet special conditions on balance and transaction form.
PVcomBank is listing a special interest rate of 9%/year for a term of 1213 months when depositing at the counter, with the requirement to maintain a minimum balance of VND 2,000 billion.
At HDBank, the rate of 8.1%/year applies to a 13-month term and 7.7%/year for a 12-month term, with a balance of VND500 billion or more. Vikki Bank applies 7.5%/year for a term of 13 months if customers deposit at least 999 billion VND. Bac A Bank announced the highest rate of 6.5%/year for a term of 18 - 36 months, 6.3%/year for a term of 13 - 15 months, and 6.2%/year for a term of 12 months; the terms of 6 - 8 months are at 6%/year and the terms of 9 - 11 months are at 6.05%/year.
IVB is listing an interest rate of 6.15%/year for a 36-month term, applicable to deposits from VND 1,500 billion. ACB applies an interest rate of 6%/year for a 13-month term with interest paid at the end of the term when customers have a balance of VND 200 billion or more.
At LPBank, customers depositing from 300 billion VND are entitled to interest rates of 6.5%/year when receiving at the end of the term, 6.3%/year when receiving monthly and 6.07%/year when receiving at the beginning of the term.
Viet A Bank deploys Dac Tai Savings products with interest rates above 6%/year. The 6-month term is 6.0%/year; 7-month term is 6.1%/year; 12-month term is 6.5%/year; 13-month term is 6.6%/year; 15-month term is 6.7%/year; 18-month term is 6.8%/year. Customers need to deposit at least 100 million VND, transact at the counter and receive interest at the end of the term.
Bac A Bank also applies 6.4%/year for 6-8 month terms, 6.45%/year for 9-11 month terms, 6.5%/year for 12-month terms; 13-15 month terms are at 6.6%/year and 18-36 months are at 6.7%/year for deposits from 1 billion VND. Nam A Bank applies an interest rate of 6.5%/year and 6.3%/year for a term of 24 months and 36 months, with a balance requirement of VND500 billion or more.
Many banks still maintain interest rates from 6%/year for medium and long terms but do not require a minimum balance.
Vikki Bank listed 6.1%/year for 6-month term, 6.3%/year for 12-month term and 6.4%/year for 13-month term. Cake by VPBank pays 6.3%/year for 6-8 month term, 6.4%/year for 9-11 month term and 6.5%/year for 12-36 month term.
HDBank is holding 6%/year for a 15-month term and 6.1%/year for a 18-month term. BVBank pays 6.1%/year for a 60-month term and 6.0%/year for a 48-month term; Viet A Bank lists 6.0%/year for a 36-month term.
At Bac A Bank, the rate of 6.3%/year applies to a 12-month term; 6.4%/year for a 13-15-month term; and 6.5%/year for a 18-36-month term. VCBNeo listed an interest rate of 6.2%/year for a 6-month term and from 12 to 60 months. PVcomBank maintains 6.3%/year for 15-36 month terms.
