Techcombank adjusts bank deposit interest rates in July 2025: Incentives for customers depositing from 1 billion
Techcombank adjusts bank deposit interest rates in July 2025, slightly increasing the term of 1-36 months, applying a uniform interest rate schedule to all deposits.
Techcombank raises deposit interest rates from 1 to 36 months
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has just officially adjusted its online savings interest rates for terms from 1 to 36 months, becoming one of the first banks to loosen interest rates in July 2025. According to the new announcement, the increase ranges from 0.1 - 0.2 percentage points per year, depending on the specific term.
In detail, the latest Techcombank interest rate for 1-2 month terms is adjusted to 3.45%/year; meanwhile, deposits with 3-5 month terms are applied at 3.75%/year - an increase of 0.2 percentage points. For the medium term group from 6 to 11 months, the new interest rate is 4.65%/year, 0.1 percentage points higher than before. Particularly, long-term deposits from 12 to 36 months are listed at the highest rate: 4.85%/year.
Notably, instead of maintaining a tiered interest rate policy based on the deposit amount, Techcombank applies a uniform interest rate schedule for all deposits regardless of value, which is considered a rare move in the context of interest rates still being low.
Signals from the bank interest rate market
Techcombank’s decision to make adjustments at the beginning of the third quarter has many meanings. On the one hand, this move may be aimed at stimulating medium- and long-term capital mobilization, meeting the increased credit demand at the end of the year. On the other hand, with a unified interest rate schedule, the bank is also aiming for interest rate equality for the group of small retail depositors – which account for a large proportion of the individual user ecosystem.
For those with deposits from 1 to under 3 billion VND, the actual interest rate will increase by about 0.05 - 0.1 percentage points per year compared to the old table. Meanwhile, the group with deposits from 3 billion VND or more will remain almost unchanged, because this was the previous ceiling.
Techcombank's interest rate hike in July could be the opening signal for a trend of slightly adjusting deposit interest rates in the coming time, in the context of controlled inflation pressure, abundant system liquidity, but the need for long-term capital mobilization still needs to ensure stability.
