Prepaid interest savings

Prepaid Interest Savings

Prepaid interest savings are suitable for depositors who wish to receive interest on the first day of the interest payment period

(5,000 Cardmember Rated)

Details

Prepaid interest savings are suitable for depositors who wish to receive interest on the first day of the interest payment period, meeting the needs of recurring payments (electricity, water, bills, etc.) and helping optimize idle funds
(Applicable at the counter)
  • Term: 6; 9; 12; 18; 24; 36 months.

  • Applicable currencies: VND

  • Minimum required deposit amount: VND100,000,000

  • Interest payment method:
    - Interest is paid in advance on a periodic basis: quarterly (every 3 months), every 6 months, or annually (every 12 months), with interest paid on the first day of each interest payment period
    - Interest is credited to the customer's payment account at VPBank (cash interest payment is not applicable)

  • Early withdrawal:
    - Customers are allowed to withdraw the entire deposit before maturity and will receive the lowest non-term interest rate applicable at VPBank at the time of withdrawal (partial early withdrawals are not allowed).
    - Customers must return the difference between the interest received upon early withdrawal and the interest already paid in previous periodic interest payments (if any) by deducting it directly from the principal of the deposit.

  • Maturity: The principal will be automatically renewed according to the original product and term selected by the customer, while the interest for the new term will be credited to the customer's initially chosen payment account.

  • A periodic and diverse interest payment method that meets customers' payment needs.

  • Enjoy many great gifts and sales promotions 

  • Vietnamese citizens residing in Vietnam
  • Having current accounts opened at VPBank
Valid passport/ID card/Citizen card or other documents stipulated by VPBank from time to time
Please refer to the latest interest rate schedule here