Explore the latest deposit interest rates at Saigon Commercial Bank (SCB). Currently, the bank applies interest rates of 1.7 – 4.7% per year for counter deposits and 1.75 – 4.75% per year for online deposits.
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SCB’s regular savings interest rates in February 2024
For regular deposits at the counter with interest paid at maturity, SCB currently offers interest rates ranging from 1.7 – 4.7% per year depending on the deposit term.
Specifically, 1-month and 2-month term deposits enjoy an interest rate of 1.7% per year. The 3-month, 4-month, and 5-month terms all apply a 2% per year interest rate.
Deposits with terms from 6 months to 11 months have a common interest rate of 3% per year.
The maximum interest rate offered by SCB for term deposits of 12 – 36 months is 4.7% per year. This is also the highest interest rate that SCB applies to counter deposits.
In addition, SCB offers flexible interest payment methods: Annual interest payment (4.49 – 4.59% per year); Biannual interest payment (4.44 – 4.64% per year); Quarterly interest payment (2.97 – 4.61% per year); Monthly interest payment (1.69 – 4.6% per year); Pre-term interest payment (1.68 – 4.48% per year).
Currently, non-term deposits are subject to a fixed interest rate of 0.1% per year with monthly interest payment.
Counter deposit interest rates at SCB in February 2024
|
DEPOSIT TYPE |
INTEREST AT MATURITY (%/YEAR) |
ANNUAL INTEREST PAYMENT (%/YEAR) |
BIANNUAL INTEREST PAYMENT (%/YEAR) |
QUARTERLY INTEREST PAYMENT (%/YEAR) |
MONTHLY INTEREST PAYMENT (%/YEAR) |
PRE-TERM INTEREST PAYMENT (%/YEAR) |
|
Non-term |
0.1 |
|||||
|
1 month |
1.7 |
1.68 |
||||
|
2 months |
1.7 |
1.69 |
1.68 |
|||
|
3 months |
2 |
1.99 |
1.98 |
|||
|
4 months |
2 |
1.99 |
1.98 |
|||
|
5 months |
2 |
1.99 |
1.98 |
|||
|
6 months |
3 |
2.98 |
2.98 |
2.95 |
||
|
7 months |
3 |
2.97 |
2.94 |
|||
|
8 months |
3 |
2.97 |
2.94 |
|||
|
9 months |
3 |
2.97 |
2.97 |
2.93 |
||
|
10 months |
3 |
2.96 |
2.92 |
|||
|
11 months |
3 |
2.96 |
2.91 |
|||
|
12 months |
4.7 |
4.64 |
4.61 |
4.6 |
4.48 |
|
|
15 months |
4.7 |
4.59 |
4.57 |
4.43 |
||
|
18 months |
4.7 |
4.59 |
4.56 |
4.55 |
4.39 |
|
|
24 months |
4.7 |
4.59 |
4.54 |
4.51 |
4.5 |
4.29 |
|
36 months |
4.7 |
4.49 |
4.44 |
4.42 |
4.4 |
4.11 |
Source: SCB Bank.
Online savings interest rates at SCB in February 2024
In February 2024, customers who make online savings through the SCB banking app will enjoy higher interest rates compared to traditional deposits, by 0.05 percentage points.
With interest paid at maturity, online deposits at SCB have interest rates ranging from 1.75% per year to 4.75% per year. In addition, with online deposits, customers have additional options for short-term deposits such as 31, 39, and 45 days.
Specifically, the 1-2 month terms currently have an interest rate of 1.75% per year, the 3-5 month terms offer an interest rate of 2.05% per year, and the 6-8-11 month terms have an interest rate of 3.05% per year.
Terms from 12 months onwards enjoy the highest interest rate of 4.75% per year.
Furthermore, online savings rates are also offered by SCB with pre-term interest payment (1.73 – 4.53% per year); monthly interest payment (1.74 – 4.64% per year).
Currently, SCB continues to provide a range of capital mobilization products to meet the diverse needs of customers, including 13-month Regular Savings – Comprehensive Insurance accompanying deposits and Phat Loc Tai Savings.
Online deposit interest rates at SCB in February 2024
|
TERM |
ONLINE SAVINGS DEPOSIT |
||
|
PRE-TERM INTEREST PAYMENT |
MONTHLY INTEREST PAYMENT |
INTEREST AT MATURITY |
|
|
31, 39, 45 days |
1.74 |
1.75 |
|
|
1 month |
1.74 |
1.75 |
|
|
2 months |
1.73 |
1.74 |
1.75 |
|
3 months |
2.03 |
2.04 |
2.05 |
|
4 months |
2.03 |
2.04 |
2.05 |
|
5 months |
2.03 |
2.04 |
2.05 |
|
6 months |
3 |
3.03 |
3.05 |
|
7 months |
2.99 |
3.03 |
3.05 |
|
8 months |
2.98 |
3.02 |
3.05 |
|
9 months |
2.98 |
3.01 |
3.05 |
|
10 months |
2.97 |
3.01 |
3.05 |
|
11 months |
2.96 |
3.01 |
3.05 |
|
12 months |
4.53 |
4.64 |
4.75 |
|
13 months |
4.5 |
4.63 |
4.75 |
|
15 months |
4.48 |
4.62 |
4.75 |
|
18 months |
4.43 |
4.59 |
4.75 |
|
24 months |
4.33 |
4.54 |
4.75 |
|
36 months |
4.15 |
4.44 |
4.75 |
Source: SCB Bank.
