BIDV increases interest rates after nearly 1 year
This is the first time BIDV has adjusted deposit interest rates since March 2024. Notably, this bank has kept interest rates unchanged or reduced for more than 2 years. BIDV is currently the bank with the largest deposit market share in the system, with total customer deposits reaching 1.95 million billion VND by the end of 2024.
Savings interest rate at BIDV counter:
24-36 month term: 4.8%/year (highest when depositing at the counter).
12-18 month term: 4.7%/year.
6-9 month term: 3%/year.
3-5 month term: 2%/year.
1-2 month term: 1.7%/year.
BIDV online savings interest rate (more than 0.2-0.3 percentage points higher than counter deposit):
24-36 month term: 4.9%/year (highest when depositing online).
12-18 month term: 4.7%/year.
6-11 month term: 3.3%/year.
3-5 month term: 2.3%/year.
1-2 month term: 2%/year.
Highest interest rate when depositing 500 million VND at BIDV
Depending on the deposit term and the form of savings (at the counter or online), the interest received at the end of the term will be different. Here is a detailed table:
Accordingly, with a deposit of 500 million VND, the highest interest rate that can be received is 24.5 million VND/year if you choose to deposit online for a term of 24-36 months.
That is, after 3 years of saving 500 million VND, you can receive 73 million VND (if depositing at the counter) and 73.5 million VND (if depositing online).
