VND Savings deposit interest rates
for Individual
| Currency: VND (% per annum) |
|
Effective as from December 01st, 2011 |
| 1. VND INTEREST RATES FOR “SAVINGS DEPOSIT WITH OPTIONAL TERM FOR INTEREST RECEIPT” – 36-MONTH TERM |
Balance remained until interest
payment term |
1 Month |
2 Months |
3 Months |
6 Months |
12 Months |
Rate |
14,00 |
14,00 |
14,00 |
14,00 |
14,00 |
| 2. INTEREST RATES FOR REGULAR INDIVIDUAL DEPOSITS AND SAVINGS DEPOSITS |
|
Upfront
|
Monthly
|
Quarterly
|
Annually
|
Term-end
|
Demand |
|
|
|
|
3,60 |
1 day (Overnight Savings) |
|
|
|
|
5,90 |
2 days (Call 48 hours) |
|
|
|
|
5,90 |
1 week |
|
|
|
|
5,95 |
2 weeks |
|
|
|
|
5,95 |
3 weeks |
|
|
|
|
5,95 |
1 month |
13,69 |
|
|
|
13,85 |
2 months |
13,54 |
13,70 |
|
|
13,85 |
3 months |
13,39 |
13,70 |
|
|
13,85 |
4 months |
13,23 |
13,70 |
|
|
13,85 |
5 months |
13,08 |
13,50 |
|
|
13,85 |
6 months |
12,94 |
13,45 |
13,50 |
|
13,85 |
7 months |
12,81 |
13,40 |
|
|
13,85 |
8 months |
12,67 |
13,35 |
|
|
13,85 |
9 months |
12,54 |
13,30 |
13,35 |
|
13,85 |
10 months |
12,41 |
13,25 |
|
|
13,85 |
11 months |
12,28 |
13,15 |
|
|
13,85 |
12 months |
12,16 |
13,05 |
13,10 |
|
13,85 |
13 months |
12,03 |
12,90 |
|
|
13,85 |
15 months |
10,44 |
11,85 |
11,90 |
|
12,00 |
18 months |
10,17 |
11,85 |
11,90 |
|
12,00 |
24 months |
9,68 |
11,85 |
11,90 |
11,95 |
12,00 |
25 months |
9,60 |
11,85 |
|
|
12,00 |
36 months |
8,82 |
11,85 |
11,90 |
11,95 |
12,00 |
60 months |
7,50 |
11,85 |
11,90 |
11,95 |
12,00 |
| - Customers making VND savings deposits of at least VND 10 million for terms of 12 months upwards shall be presented with “Loc Truong An Savings Deposit” insurance. |
| 3. INTEREST RATES FOR “FLEXIBLE SAVINGS DEPOSIT” |
Term |
1 Month |
2 Months |
3 Months |
4 Months |
5 Months |
6 Months |
Rate |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
Term |
7 Months |
8 Months |
9 Months |
10 Months |
11 Months |
12 Months |
Rate |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
Term |
13 Months |
18 Months |
24 Months |
36 Months |
60 Months |
Rate |
13,65 |
11,80 |
11,80 |
11,80 |
11,80 |
| 4. TIERED BONUS INTEREST RATES APPLICABLE TO TERM DEPOSITS ON VND BALANCE ACCUMULATION |
Expire
| 5. INTEREST RATES FOR “DEPOSIT WITH INTEREST RATE BASED ON ACTUAL DEPOSIT TIME” |
Deposit type |
Interest rate (% per annum) |
12-month term – Interest paid at term-end |
13,65 |
When in need of funds, customers can withdraw part of the principal. The interest rates for the early withdrawal amount are as follows:
 If the actual deposit time is less than 1 month: 3% per annum
If the actual deposit time is from 1 month upwards: Customers are entitled to interest rate for the actual deposit months and interest rate of 3% p.a. for the remaining days. |
Term |
1 month |
2 months |
3 months |
4 months |
5 months |
6 months |
Interest rate |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
Term |
7 months |
8 months |
9 months |
10 months |
11 months |
12 months |
Interest rate |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
13,65 |
|
| 6. INTEREST RATES FOR MIXED SAVINGS DEPOSITS |
Term |
1 month |
2 months |
3 months |
6 months |
9 months |
12 months |
Interest rate |
5,04 |
5,16 |
5,40 |
6,00 |
6,60 |
7,20 |
| The interest rates to which customers are entitled are automatically adjusted in accordance with those applicable to the product announced by Eximbank from time to time. |
| 7. INTEREST RATES FOR INSTALLMENT SAVINGS |
The interest rates to which customers are entitled to are automatically adjusted every 3 months according to VND regular savings deposit interest rates as follows:
Interest rate for Installment Savings |
= |
VND regular savings deposit
interest rate for 3-month term
and with interest paid at term-end |
+ |
Bonus interest rate |
Bonus interest rate: 0,15%/year.
| By making installment savings with the total registered amount of at least VND 10 million, customers shall be presented with “Loc Truong An Savings Deposit” insurance. |
a. Regulations on interest rates for early withdrawal (before the interest payment term):
Upon making early finalization of term deposits and savings deposits, or early withdrawal of “ Flexible Savings” or “Installment Savings”, or withdrawal before the interest payment term for “Savings Deposit with Optional Term for Interest Receipt”, customers are entitled to interest rates for early withdrawal (before the interest payment term) for the withdrawn amounts as follows:
Actual deposit time (t) |
Interest rate for early withdrawal |
t ≥
1 month |
Number of actual deposit days ≥ 50%
of the term (interest payment term) |
80% of the interest rate written on the book |
Number of actual deposit days < 50%
of the term (interest payment term) |
50% of the interest rate written on the book |
t < 1 month |
3% per annum |
If interest rate for early withdrawal (before interest payment term) ≤ 3% per annum: customers shall enjoy an interest rate of 3% per annum.
In respect of “Savings Deposit with Optional Term for Interest Receipt”: the number of actual deposit days is calculated as from the first day of the interest payment term to the withdrawal time.
|
b. Regulations on fund withdrawal
In case of “Savings deposit with Optional Term for Interest Receipt”
- When in need of early withdrawal before interest payment term, customers can withdraw part of the principal providing that they ensure a minimum balance of VND 100,000; or finalize their saving books or deposit accounts.
- In case of withdrawal, customers do not need to reimburse the interests received in the previous terms, and still enjoy interest for the principal withdrawn before interest payment term.
In case of term regular individual deposit and savings deposit
- When in need of early withdrawal, customers must finalize all deposit balance on their accounts.
- For personal deposits/savings deposits with interests paid upfront or periodically (monthly, quarterly, annually): In case of early withdrawal, customers must reimburse the received interest variance (if any).
In case of “Flexible Savings” and “Deposit with Interest Rate Based on Actual Deposit Time”
- When in need of early withdrawal, customers can withdraw part of the principal providing that they ensure a minimum balance of VND100,000; or finalize their accounts.
In case of “Mixed Savings Deposit”
- Customers can deposit or withdraw their mixed savings deposits for many times providing that they ensure a minimum balance of VND100,000.
- When in need of early finalizing their saving books or deposit accounts, customers shall enjoy demand interest rate (excluding tiered interest rate applicable to demand deposits) for the whole deposit balance.
In case of “Installment Savings”
- Installment savings books shall be early finalized if customers fail to make regular deposits within 60 days as per schedule or customers are in need of early withdrawal.
- The amount customers receive shall include all of their deposit amounts and interest for early finalization. Such interest shall be calculated as follows:
Actual deposit time (t) |
Interest rate for early withdrawal |
t ≥
1 month |
t ≥ 50% of the term |
80% of the interest rate at the time of finalization |
t < 50% of the term |
50% of the interest rate at the time of finalization |
t < 1 month |
3% per annum |
- Upon maturity date, if customers do not finalize their installment savings books, they shall enjoy interests as follows:
- From the date of opening the Installment Savings books to the maturity date: interest rates for Installment Savings shall be applied. .
- From the maturity date to the finalization date of the Installment Savings books: interests for Installment Savings shall be added to the principal which will then enjoy demand interest rate (at the due date, tiered interest rates for demand deposits shall not be applied).
c. Interest rates of % per annum are calculated on a 360-day basis.
Decimal places of number is based on Vietnamese types: 1.000,00. |
| This fee schedule is for reference only.
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