Bank interest rates on March 21, 2025: Kienlongbank reduced interest rates for the third time in March

Kienlongbank reduces interest rates for the third time in March

According to the new interest rate schedule applied from today, Kienlongbank has adjusted down on all terms from 1 to 60 months. Specifically, the interest rate for terms from 1 to 12 months for individual and corporate customers has decreased by 0.2%/year.

Terms from 13 to 17 months decreased by 0.15%/year, while terms from 18 to 60 months decreased by 0.05%/year.

For individual customers who deposit savings online and receive interest at the end of the term, the interest rate for 1-4 month terms is now only 3.7%/year.

5-month term is 3.9%/year, 6-month term is 5.1%/year, 7-9-month term is 5.2%/year, 10-11-month term is 5.3%/year and the highest is 12-month term with 5.5%/year.

From the 13-15 month term, the interest rate drops to 5.35%/year. This interest rate is also applied to longer terms, from 17 to 60 months.

Compared to interest rates for individual customers, the interest rates applied to corporate customers listed by Kienlongbank are 0.1% to 0.3% lower depending on the term.

Highest special interest rate 7.5-9.65%

Although common interest rates on the market are on a downward trend, some banks still offer special high interest rate packages for customers depositing large amounts of money, often from hundreds of billions to thousands of billions of VND.

ABBank is currently leading the market with interest rates up to 9.65%/year for a 13-month term, applied to individual customers depositing from 1,500 billion VND or more.

PVcomBank also offers a special interest rate of 9%/year for a 12-13 month term, requiring a minimum balance of up to VND2,000 billion.

HDBank applies 8.1%/year for 13-month term, 7.7% for 12 months with minimum requirement of 500 billion VND.

In addition, Vikki Bank applies an interest rate of 7.5%/year for terms of 13 months or more with deposits from VND 999 billion.

Bac A Bank and IVB also offer high interest rates, ranging from 6% to 6.15% for deposits from VND1,000 to VND1,500 billion.

ACB applies a rate of 6%/year for a 13-month term if the customer has a balance of 200 billion VND or more.

LPBank also listed an interest rate of 6.5%/year for a 13-month term with deposits of VND300 billion or more.

Banks with interest rates exceeding 6%

For ordinary customers, some banks still apply interest rates above 6%/year without requiring a minimum deposit amount.

BVBank currently applies an interest rate of 6%/year for 18-month term and 6.05%/year for 24-month term.

Cake by VPBank applies 6%/year for 12-18 month term and 6.3%/year for 24-36 month term.

VietABank also listed an interest rate of 6% for 18-24 month terms and 6.1% for 36 month terms.

BAOVIET Bank maintains an interest rate of 6%/year for terms from 15 to 36 months.