HIGHER INTEREST RATE – HIGHER ADJUSTMENT

I. Duration

Regularly

II. Participant

Corporate and individual customers depositing in VND, under terms of 1 moth up to 12 month, interest paid at maturity.

III. Minimum balance of deposit

• Corporate: VND 100,000,000.
• Individual: VND 10,000,000.

IV. Interest rate

See the interest rate table.

V. Features

• During the term of the savings deposit, customers can earn equal or higher interest than that stated in the contract / savings book (original interest rate), even in case SCB adjusts product’s interest rate to be lower than original rate.
• Forms of change in interest rate: whenever SCB changes ordinary savings interest rate, this product’s interest rate will change accordingly. New interest rate for contract/savings book is calculated based on the gap between new interest rate and original interest rate of the product.
• Validity of new interest rate: from changing date to the previous date of next change, or to maturity (if there is no change afterwards).

VI. Other regulations

• In case of withdrawal before maturity, demand interest rate will be paid to customers.
• 50-year-old-and-over customers joining this product can still have additional interest rate policy.
• Deposit contract or savings book can be used as mortgage for loan.
• Other conditions not mentioned here are subject to regulations on deposit at SCB.

Contact

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