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Deposit interest rates at MSB bank in February 2024
According to the latest interest rate chart posted by MSB, savings deposit interest rates at the counter range from 3 – 4% per annum.
Specifically, the interest rates for 1 to 5-month fixed-term deposits are currently 3% per annum, while the rates for 6 to 11-month terms are 3.6% per annum. The highest interest rate of 4% per annum is applied to deposits with terms of 12 to 36 months.
Note that for new savings accounts or accounts opened from January 1, 2018, with automatic renewal and a 12-month term and a deposit of 500 billion VND, MSB applies an interest rate of 7% per annum, and for a 13-month term, an interest rate of 8% per annum.
Highest interest rate product at MSB bank in February 2024
|
Unit |
Highest interest rate |
|
|
Counter deposit |
Online deposit |
|
|
Pre-maturity withdrawal |
0 |
0.5 |
|
01 month |
3 |
3.5 |
|
02 months |
3 |
3.5 |
|
03 months |
3 |
3.5 |
|
04 months |
3 |
3.5 |
|
05 months |
3 |
3.5 |
|
06 months |
3.6 |
3.9 |
|
07 months |
3.6 |
3.9 |
|
08 months |
3.6 |
3.9 |
|
09 months |
3.6 |
3.9 |
|
10 months |
3.6 |
3.9 |
|
11 months |
3.6 |
3.9 |
|
12 months |
4 |
4.3 |
|
13 months |
4 |
4.3 |
|
15 months |
4 |
4.3 |
|
18 months |
4 |
4.3 |
|
24 months |
4 |
4.3 |
|
36 months |
4 |
4.3 |
Source: MSB
Online deposit interest rates at MSB bank in February 2024
In addition to counter deposits, MSB also offers online deposit options with interest rates ranging from 3.5% to 4.3% per annum. Compared to the counter deposit rates, the rates for online savings are higher by 0.3% to 0.5% per annum, depending on the term.
Specifically, customers depositing money through the online application for terms from 1 to 5 months will enjoy an interest rate of 3.5% per annum. The rates for 6 to 11-month terms are 3.9% per annum. Currently, the highest interest rate for online deposits at MSB is 4.3% per annum, applicable to deposits with 12 to 36-month terms.
Note that for the “Special Interest Rate” product, customers will enjoy interest rates ranging from 4.4% to 4.6%. However, this deposit product is only available for new customers with a maximum deposit of 5 billion VND, and they can only deposit for 6, 12, 15, or 24 months. The interest rate for a 12, 15, or 24-month deposit is 4.6% per annum.
Special Interest Rate product chart at MSB bank in February 2024
|
Term |
Interest Rate |
|
6 months |
4.4 |
|
12 months |
4.6 |
|
15 months |
4.6 |
|
24 months |
4.6 |
Source: MSB
MSB bank is currently also offering various other deposit products in February, such as Immediate Interest Payment, Partial Withdrawal, Deposit Contract, Fixed-rate Earnings, Young Bamboo Shoots, and Golden Bee.
Interest rates for other capital mobilization products at MSB bank
|
Unit |
Partial Withdrawal |
Immediate Interest Payment |
||
|
Counter deposit |
Online deposit |
Counter deposit |
Online deposit |
|
|
Pre-maturity withdrawal |
0 |
0 |
0 |
0 |
|
01 month |
3 |
3.5 |
2.3 |
2.75 |
|
02 months |
3 |
3.5 |
2.3 |
2.75 |
|
03 months |
3 |
3.5 |
2.5 |
2.75 |
|
04 months |
3 |
3.5 |
2.5 |
2.75 |
|
05 months |
3 |
3.5 |
2.5 |
2.75 |
|
06 months |
3.6 |
3.9 |
2.85 |
2.85 |
|
07 months |
3.6 |
3.9 |
2.85 |
2.85 |
|
08 months |
3.6 |
3.9 |
2.85 |
2.85 |
|
09 months |
3.6 |
3.9 |
2.85 |
2.85 |
|
10 months |
3.6 |
3.9 |
2.85 |
2.85 |
|
11 months |
3.6 |
3.9 |
2.85 |
2.85 |
|
12 months |
4 |
4.3 |
2.55 |
3.4 |
|
13 months |
4 |
4.3 |
2.55 |
3.4 |
|
15 months |
4 |
4.3 |
2.55 |
3.4 |
|
18 months |
4 |
4.3 |
2.55 |
3.4 |
|
24 months |
4 |
4.3 |
2.55 |
3.4 |
|
36 months |
4 |
4.3 |
2.55 |
3.4 |
|
04 – 15 years |
– |
– |
– |
– |
Source: MSB
