INTEREST RATE AUTOMATICALLY ADJUSTED

Deposit product “Interest rate automatically adjusted” is a form of savings account designed for customers depositing with high interest rate being adjusted increasingly 0.5%/year than ordinary interest rate in VND with the same term and interest receipt.

I. Benefits at a glance

• In depositing period, interest rate is applied at or higher original interest rate level of savings card/contract, even in case interest rate of the product is adjusted decreasingly against original interest rate.
• Additional interest rate policy is still applied for 50-year-old- and-over customers
• Principal withdrawal before maturity date is allowed and interest rate is applied subject to regulations on product.

II. Features

• Target customer: Individual customers
• Term: from 13 to 24 months
• Curency: VND
• Minimum amount: VND 5 million
• Interest rate: subject to interest rate schedule for deposit product “Interest rate automatically adjusted” announced at the time of deposit
• Interest rate payment method: interest is paid monthly, quarterly, or at maturity day. Monthly interest receipt is applied for VND 1 billion and over deposit.
• Withdrawal: principal withdrawal before maturity day is allowed and interest rate is applied subject to regulation on product.

III. Other regulations

• If adjusted interest rate is higher than original interest rate on savings card, adjusted interest rate will be applied.
• If adjusted interest rate is lower than original interest rate on savings card, interest rate on savings card will be unchanged and still applied.

Contact

Fore more information, please contact any of our branches / transaction offices, or our Customer Service Centre, phone: (08) 39202222.