Highest Interest Rate for Military Bank (MB) in March 2024: 5.8% per annum

In March 2024, the highest deposit interest rate offered by Military Bank (MB) is 5.8% per annum. This rate is applicable for deposits with a term of 24 months or more at branches in the Central and Southern regions (excluding Ho Chi Minh City).

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Deposit interest rates for individual customers at MB Bank in March 2024

In March, the deposit interest rates for regular individual customers at Military Bank (MB) ranged from 0.5% to 5.7% per annum for end-of-term interest payment. Accordingly, MB’s current deposit interest rates have decreased by about 0.1% – 0.3% per annum compared to the same period the previous month, depending on the term.

Specifically, the interest rates for 1-week, 2-week, and 3-week fixed-term deposits are 0.5% per annum; 1-month fixed-term deposit has an interest rate of 2.3% per annum; 2-month deposit has an interest rate of 2.5% per annum; 3-month deposit has an interest rate of 2.6% per annum; 4-month deposit has an interest rate of 2.9% per annum;

Fixed-term deposits for 5 months receive an interest rate of 3% per annum; 6 – 8 month deposits have an interest rate of 3.6% per annum; 9 – 10 month deposits have an interest rate of 3.8% per annum; 11-month deposit has an interest rate of 3.9% per annum;

MB applies interest rates for terms of 12-15 months at 4.6% per annum; 18-month deposit has an interest rate of 4.8% per annum;

Regular individual customers will receive the highest interest rate of 5.7% per annum when depositing money for a term of 24-36 months.

Non-fixed-term deposits have a minimum prevailing interest rate of 0.1% per annum.

Deposit interest rate table for individual customers at MB Bank in March 2024

Term

Interest payment after (% per annum)

KKH

0.10%

1 week

0.50%

2 weeks

0.50%

3 weeks

0.50%

1 month

2.30%

2 months

2.50%

3 months

2.60%

4 months

2.90%

5 months

3.00%

6 months

3.60%

7 months

3.60%

8 months

3.60%

9 months

3.80%

10 months

3.80%

11 months

3.90%

12 months

4.60%

13 months

4.60%

15 months

4.60%

18 months

4.80%

24 months

5.70%

36 months

5.70%

48 months

5.70%

60 months

5.70%

Source: MB

Deposit interest rates dedicated to individual customers in Central and Southern regions

For the regions in Central and Southern Vietnam, customers depositing money at MB transaction counters will enjoy higher interest rates compared to regular customers, approximately 0.1% per annum (except for short terms under 1 month), with interest rates ranging from 0.5% to 5.8% per annum for end-of-term interest payment.

Specifically, the short-term deposits of 1 week, 2 weeks, and 3 weeks have an interest rate of 0.5% per annum;

1-month fixed-term deposits have an interest rate of 2.4% per annum; 2-month deposits have an interest rate of 2.6% per annum; 3-month deposits have an interest rate of 2.7% per annum; 4-month deposits have an interest rate of 3% per annum; 5-month deposits have an interest rate of 3.1% per annum; 6 – 8 month deposits have an interest rate of 3.7% per annum; 9-10 month deposits have an interest rate of 3.9% per annum; 11-month deposit has an interest rate of 4% per annum;

The interest rate for fixed-term deposits of 12-15 months is 4.7% per annum, and 18-month deposit has an interest rate of 4.9% per annum.

Currently, the highest interest rate for individual customers in the Central and Southern regions is 5.8% per annum for a deposit term of 24-36 months.

Deposit interest rate table for individual customers in Central and Southern regions at MB Bank in March 2024

Term

Interest payment after (% per annum)

KKH

0.10%

1 week

0.50%

2 weeks

0.50%

3 weeks

0.50%

1 month

2.40%

2 months

2.60%

3 months

2.70%

4 months

3.00%

5 months

3.10%

6 months

3.70%

7 months

3.70%

8 months

3.70%

9 months

3.90%

10 months

3.90%

11 months

4.00%

12 months

4.70%

13 months

4.70%

15 months

4.70%

18 months

4.90%

24 months

5.80%

36 months

5.80%

48 months

5.80%

60 months

5.80%

Source: MB

Deposit interest rates for institutional customers at MB Bank in March 2024

At the beginning of March 2024, the deposit interest rates offered by MB Bank for regular corporate customers ranged from 0.5% to 5.7% per annum for end-of-term interest payment.

Specifically, the interest rates for short-term deposits of 1 week, 2 weeks, and 3 weeks are 0.5% per annum;

The interest rate for 1-month term deposit is 2.2% per annum; 2-month term deposit is 2.3% per annum; 3-month term deposit is 2.5% per annum; 4-month term deposit is 2.7% per annum; 5-month term deposit is 2.8% per annum; 6 – 10 month term deposits have an interest rate of 3.5% per annum; 11-month term deposit has an interest rate of 3.6% per annum; 12 – 13 month term deposits have an interest rate of 4.3% per annum; 18-month term deposit has an interest rate of 4.7% per annum; 24-month term deposits have an interest rate of 5.3% per annum;

The highest interest rates for long-term deposits of 36-60 months is 5.7% per annum.

The minimum prevailing interest rate for non-fixed-term deposits of institutional customers is 0.1% per annum.

Deposit interest rate table for institutional customers at MB Bank in March 2024

Term

Interest payment after (% per annum) VND

KKH

0.10%

1 week

0.50%

2 weeks

0.50%

3 weeks

0.50%

1 month

2.20%

2 months

2.30%

3 months

2.50%

4 months

2.70%

5 months

2.80%

6 months

3.50%

7 months

3.50%

8 months

3.50%

9 months

3.50%

10 months

3.50%

11 months

3.60%

12 months

4.30%

13 months

4.30%

15 months

4.30%

18 months

4.70%

24 months

5.30%

36 months

5.70%

48 months

5.70%

60 months

5.70%

Source: MB