Interest rate fluctuations 1.10: Deposit interest rates still increase rapidly

    Nhóm PV |

    Interest Rate October 1: The interest rate market recorded a simultaneous upward trend at banks.

    Series of 9 banks paying interest over 6%/year

    According to Lao Dong, in September 2024, the market had 12 banks increasing interest rates, including: Dong A Bank, OceanBank, VietBank, GPBank, Agribank, Bac A Bank, NCB, OCB, BVBank, PGBank, Nam A Bank; with the increasing trend mainly in short terms.

    At the end of 2023, the market witnessed the general level of interest rates falling sharply to below 5.0%/year. Not only that, in the first weeks of 2024, interest rates continuously hit new lows, the lowest being 4.9%/year.

    However, in the last months of 2024, interest rates recorded a sharp increase. Interest Rate increased beyond 6.0%/year at many banks.

    The market currently has 9 banks listing interest rates from 6%/year without requiring deposit conditions.

    NCB leads the market with an interest rate of 6.15%/year, term of 18-36 months.

    At the 18-month term, Dong A Bank, HDBank, and OceanBank are currently maintaining a high interest rate "close to the peak" of 6.1%/year (18-month term).

    Next is Bac A Bank with an interest rate of 6.05%/year (18-month term).

    Finally, Saigonbank and BaovietBank with interest rate of 6.0%/year (18-month term).

    At the 36-month term, NCB continues to lead with an interest rate of 6.15%/year.

    OceanBank, Saigonbank, SHB, Dong A Bank all maintain interest rates at 6.1%/year.

    Bac A Bank pays interest rate of 6.05%/year for 36-month term.

    BVBank, BaovietBank, OCB are currently listing interest rates of 6.0%/year for this term.

    Special Interest Rate up to 9.5%/year

    PVCombank applies the highest interest rate in the market, up to 9.5%/year for customers depositing for 12-13 months with an amount of 2,000 billion VND or more.

    DongA Bank maintains a "special interest rate" at 7.5%/year for a 13-month term, 2.2%/year higher than the normal interest rate, with a balance of VND200 billion or more.

    MSB pays an interest rate of 7.0%/year to customers with a minimum balance of VND500 billion, deposited for a term of 12-13 months. In addition, MSB also has a preferential interest rate policy for regular customers, 0.3-0.5% higher than online interest rates.

    HDBank listed interest rates of 8.1%/year for 13-month terms and 7.7%/year for 12-month terms, applied to deposits of VND500 billion or more, with interest rates 2.3%-2.5%/year higher than counter interest rates.

    (See more high interest rates HERE)

    Details of deposit interest rates at banks, updated on October 1, 2024

    Nhóm PV
    RELATED NEWS
    Fire scene at a wood exhibition area in Ha Tinh, a smoke column tens of meters high. Photo: Hoang Anh

    Fire scene at a wood exhibition area in Ha Tinh, a smoke column tens of meters high

    |

    Ha Tinh - A large fire occurred at a wood exhibition area in Thanh Sen ward in the middle of the day, black smoke was billowing, functional forces controlled the scene.

    Dossiers to prepare to receive policy scholarships

    Dossiers to prepare to receive policy scholarships

    |

    The Government has just issued Decree No. 66/2026/ND-CP detailing a number of articles of the Law on Education. It includes regulations on policy scholarships.

    National Assembly Delegate Nguyen Thai Hoc - Deputy Secretary of the Party Committee of the Fatherland Front, central organizations proposed that the commune level must have the obligation to provide information obtained and created by themselves. Photo: Pham Dong

    Proposal that communes must provide information they have obtained and information they create

    |

    National Assembly Deputy Nguyen Thai Hoc proposed that commune-level authorities have an obligation to provide information that they have obtained and created.

    At the end of 2028, people can travel by high-speed railway from Hanoi to Quang Ninh in 23 minutes

    |

    On April 12, the Hanoi - Quang Ninh high-speed railway project was officially started.

    Fire kills 2 people in Ho Chi Minh City: Authorities provide emergency support for victims

    |

    Ho Chi Minh City - The fire in Tan Thoi Hiep ward killed 2 people and injured 5 others, local authorities have visited and proposed additional support for the victims.

    7th Conference of the Presidium of the Central Committee of the Vietnam Fatherland Front, term X. Photo: Hai Nguyen

    7th Conference of the Presidium of the Central Committee of the Vietnam Fatherland Front, X term

    |

    On the morning of April 12, the Central Committee of the Vietnam Fatherland Front organized the 7th Conference of the Presidium of the Central Committee of the Vietnam Fatherland Front, term X to discuss and give opinions on some work contents.

    Lãi suất 30.9: Liên tiếp tăng sát đỉnh, nên gửi tiền ở đâu?

    Interest Rate 30.9: Continuously increasing near the peak, where should I deposit money?

    Nhóm PV |

    Savings Interest Rate 30.9: The market recorded another bank increasing interest rates consecutively, close to the highest interest rate threshold in the market.

    Lãi suất 29.9: Lãi suất tiết kiệm ngân hàng cao bất ngờ

    Interest Rate 29.9: Bank savings interest rate is surprisingly high

    Nhóm PV |

    Saving Interest Rate 29.9: Surprised with the highest interest rate, which bank should depositors choose to receive high interest?

    Lãi suất 28.9: Liên tục tạo đỉnh mới, nên gửi tiền ở đâu?

    Interest Rate 28.9: Continuously creating new peaks, where should I deposit money?

    Nhóm PV |

    Savings Interest Rate 28.9: New peaks set for short terms after many banks increased interest rates, where should you deposit money to receive high interest rates?