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BIDV Bank Interest Rates for Individual Customers in March 2024
According to the latest interest rate survey by the Bank for Investment and Development of Vietnam (BIDV), the interest rate for individual customers remains unchanged compared to the previous month. The interest rate ranges from 1.9% – 5% per year for end-of-term interest payment.
Specifically, customers depositing money for 1 – 2 month terms will receive an interest rate of 1.9% per year; 3-month and 5-month terms have an interest rate of 2.2% per year; 6- and 9-month terms have an interest rate of 3.2% per year; Deposits with terms ranging from 12 to 18 months are subjected to an interest rate of 4.8% per year;
The highest interest rate applied by BIDV for individual customers is 5% per year, for the 24 to 36-month term.
The interest rate for indefinite-term savings is fixed at 0.1% per year.
Deposits Interest Rate Table for Individual Customers at BIDV in March 2024
| Term | Interest Rate |
| Indefinite term | 0.10% |
| 1 Month | 1.90% |
| 2 Months | 1.90% |
| 3 Months | 2.20% |
| 5 Months | 2.20% |
| 6 Months | 3.20% |
| 9 Months | 3.20% |
| 12 Months | 4.80% |
| 13 Months | 4.80% |
| 15 Months | 4.80% |
| 18 Months | 4.80% |
| 24 Months | 5% |
| 36 Months | 5% |
Source: BIDV
BIDV Bank Interest Rates for Corporate Customers in March 2024
For corporate customers, BIDV maintains stable interest rates compared to February 2024, ranging from 1.9% – 4.2% per year for end-of-term interest payment.
Specifically, for 1 – 2 month terms, the interest rate is fixed at 1.9% per year; for 3 – 5 month terms, the interest rate is 2.2% per year; for 6 – 11 month terms, the interest rate is 3.2% per year;
In March 2024, the most preferential deposit interest rate for corporate customers is 4.2% per year, applied to terms from 12 to 60 months.
The interest rate for indefinite-term deposits is 0.2% per year.
Deposits Interest Rate Table for Corporate Customers at BIDV in March 2024
| Term | VND |
| Indefinite term | 0.20% |
| 1 Month | 1.90% |
| 2 Months | 1.90% |
| 3 Months | 2.20% |
| 4 Months | 2.20% |
| 5 Months | 2.20% |
| 6 Months | 3.20% |
| 7 Months | 3.20% |
| 8 Months | 3.20% |
| 9 Months | 3.20% |
| 10 Months | 3.20% |
| 11 Months | 3.20% |
| 12 Months | 4.20% |
| 24 Months | 4.20% |
| 36 Months | 4.20% |
| 48 Months | 4.20% |
| 60 Months | 4.20% |
Source: BIDV
Note that the above interest rates are for reference only and may change over time as well as according to market conditions. Customers should contact the BIDV branch directly for detailed information.
BIDV is currently the largest bank in Vietnam in terms of assets and transaction network. By the end of 2023, BIDV’s total assets exceeded VND 2.3 quadrillion, leading the banking sector and surpassing other major players in the industry such as VietinBank (VND 2.033 quadrillion), Agribank (VND 2 quadrillion), Vietcombank (VND 1.839 quadrillion).
In 2023, BIDV’s outstanding customer loans increased by 16.8% – much higher than the industry’s overall growth rate (13.71%) and reached a record level in the bank’s history at VND 1.778 quadrillion. Customer deposits also increased by 15.7% to over VND 1.704 quadrillion.
