Interest rates increase for many terms
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) announced the VND deposit interest rate schedule for individual customers, applicable from September 18, 2026.
Compared to the interest rate schedule applied previously, the bank adjusted upwards for terms of 6–13 months and 36 months, especially applicable to customers depositing money online.
For short terms, interest rates for terms of 6-12 months on online channels are adjusted upwards. For deposits under 3 billion VND, interest rates increase from 6.2% to 6.75%/year, equivalent to an increase of 0.55%/year.
For deposits from 3 billion VND to under 10 billion VND, interest rates for terms of 6–12 months increased from 6.2% to 6.8%/year, equivalent to an increase of 0.6%/year.
For the 36-month term, it increased from 4.2% to 5.85%/year, equivalent to an increase of 1.65%/year.
For deposits from 3 billion VND to under 10 billion VND, the interest rate for a 36-month term increased from 4.2% to 5.9%/year, equivalent to an increase of 1.7%/year.
Depositing 1 billion VND at VPbank, how much interest will you receive?
Readers can quickly calculate bank deposit interest using the following formula:
Interest = Deposit amount x interest rate (%)/12 months x number of months deposited
Depositing 1 billion VND online channel at VPbank, with an interest rate of 6.75%, term of 12 months, customers receive an interest amount of 67,500,000 VND.
The above interest rates are online deposit interest rates for individual customers, summarized according to the bank's listed interest rate schedule. The actual interest rate may change depending on the deposit product, deposit amount, interest collection method, transaction channel and applicable conditions.
