Eximbank is offering the highest interest rate for online deposits with a 3-month term, at 4.75% per annum. (Source: Vietnam+)
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A number of banks have adjusted their policies to attract savings depositors, especially for 3-month term deposits.
3-Month Term Deposit Interest Rates: Reaching the Highest Level
According to the State Bank of Vietnam’s regulations, some banks have increased their interest rates to the maximum allowed for short-term deposits ranging from 1 month to less than 6 months, which is 4.75% per annum.
– Eximbank is currently offering the highest interest rate for online 3-month term deposits, at 4.75% per annum. This is the highest rate among banks at the moment. However, this interest rate is only applicable for online deposits made during the weekends, while on weekdays, Eximbank maintains a rate of 4.3% per annum.
– MBV is offering an interest rate of up to 4.6% per annum for 3-month term deposits.
– Nam A Bank and VietBank are currently offering interest rates of 4.5% and 4.4% per annum, respectively, for 3-month term deposits.
– BaoViet Bank, CB, and Indovina Bank are offering interest rates of around 4.35% per annum.
– SCB and Vietcombank continue to maintain the lowest interest rate at 1.9% per annum, a rate that has been in place for almost a year.
– BIDV and VietinBank are offering an interest rate of 2.3% per annum.
– After a series of slight increases, Agribank has adjusted its interest rate to 3% per annum.
– MB (Military Bank), TPBank, Viet A Bank, and VPBank are offering an interest rate of 4% per annum for 3-month term deposits.
Banks with Attractive Interest Rates
Many banks are offering high-interest rates, ranging from 7% to 9.5%. However, to be eligible for these rates, special conditions must be met.
– PVcomBank is currently leading in special interest rates for over-the-counter deposits, offering 9% for 12-13 month terms. However, to qualify for this rate, customers must have a minimum deposit balance of 2,000 billion VND.
– HDBank offers a special interest rate of up to 8.1% per annum for a 13-month term and 7.7% for a 12-month term, with a minimum balance requirement of 500 billion VND. The bank also offers a 6% interest rate for an 18-month term.
– MSB applies an over-the-counter deposit interest rate of up to 8% per annum for a 13-month term and 7% for a 12-month term. The conditions for this rate include a new savings account or an automatically renewed account opened from January 1, 2018, with a term of 12 or 13 months and a deposit amount of 500 billion VND or more.
– Dong A Bank offers an interest rate of 7.5% per annum for a term of 13 months or more, with a minimum deposit of 200 billion VND. The bank also offers an interest rate of 6.1% for a 24-month term.
– Bac A Bank offers an interest rate of 6% per annum for a 12-month term, 6.1% per annum for a 13-15 month term, and 6.4% per annum for an 18-36 month term. These rates apply to deposits over 1 billion VND.
– 08:59 23/01/2025
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