Upfront Interest Savings Deposits

Receive interest upfront when you place your deposit, giving you greater flexibility to meet your financial needs.

Product information

Eligible Customers

Vietnamese and foreign individual customers

Household businesses

Product Features

Deposit currency: VND

Deposit terms: 1, 2, 3, 6, 9, 12, 13, 15, 18, 24 and 36 months

Minimum deposit: From VND 1 million

Interest payment: Upfront, immediately upon deposit placement

Interest rate: Fixed throughout the deposit term

Withdrawals: Full early withdrawal is permitted; partial early withdrawal is not allowed. On early withdrawal, interest is calculated at the demand deposit rate for the actual deposit period. The Bank will deduct the interest already paid upfront from your deposit principal.

Key Features

Attractive interest rates

Receive interest upfront when you place your deposit

Conveniently close your deposit account at VRB branches / transaction offices nationwide

Quick and convenient procedures

Can be used as collateral for loans

Required Documents

Valid citizen identity card / identity card / passport

Deposit application using VRB's standard form

Interest calculator

The figures are for reference purposes only.

Deposit amount

VND

Interest rate

Interest payment method

Select deposit term

Principal amount:1.000.000.000VND

Interest received based on the selected payment method:4.583.333VND

Total amount received:1.004.583.333VND

FAQs

No. The interest rate is determined when the deposit is placed and remains fixed throughout the deposit term. Interest is paid upfront based on the agreed rate.

Yes. The full amount withdrawn earns interest at the demand deposit rate applicable at the time of withdrawal, based on the actual deposit period. The Bank will deduct the interest already paid upfront from your deposit principal.

Yes. You may close your deposit account at any VRB transaction location nationwide.

Yes. You may request to pledge your deposit as collateral for a loan from VRB.