Viet Capital Bank interest rates April 2025
In April 2025, Viet Capital Bank adjusted the savings interest rate down for some terms, applicable to both counter and online deposits.
The new interest rate schedule is applied from March 28, ranging from 3.8% to 6.1%/year depending on the deposit term, with interest paid at the end of the term.
Specifically, for the form of deposit at the counter, the interest rates for short terms from 1 to 5 months remain the same as the previous month. In which, the term of 1 month is 3.8%/year, 2 months is 3.85%/year, 3 months is 4%/year, 4 months is 4.05%/year and 5 months is 4.1%/year.
From the 6-month term onwards, banks began to make slight adjustments. Specifically, the 6-month term is 5.1%/year (down 0.1 percentage point), the 7-month term is 5.15%/year and the 8-month term is 5.2%/year, all slightly down compared to the previous term. The 9-month term decreased to 5.25%/year, lower than the 5.35% of March. The 10- and 11-month terms decreased to 5.3% and 5.35%/year, respectively. Meanwhile, the 12-month term is listed at 5.55%/year, also down 0.1 percentage point.
For longer terms, the bank kept the same interest rate: 5.85% for 18-month terms, 5.9% for 24-month terms. For terms of 48 months or more, the interest rate is 6% and 6.1%/year for 60-month terms, respectively. Short terms such as 1 week, 2 weeks and 3 weeks are still kept at a very low level of 0.3%/year.
For online deposits, BVBank also made similar adjustments. Online interest rates for 1-month, 3-month, 6-month and 9-month terms are 3.95%, 4.15%, 5.15% and 5.3%/year respectively, all slightly down from the previous month.
The 12-month term is currently applying an interest rate of 5.6%/year, lower than the previous rate of 5.8%/year. The 18-24-month term group continues to be maintained in the range of 5.9% - 5.95%/year.
In general, in the context of the general interest rate level tending to cool down, the adjustments at Viet Capital Bank also reflect efforts to balance capital mobilization costs and market demand.
Although the reduction is not large, it still somewhat affects the long-term savings decisions of individual customers.