Individual customers (have the full capacity for civil acts or guardian) can choose the product " Fixed term deposit with full interest paid at maturity” of Agribank. This is a deposit savings product that customers determine term of the deposits and interest is paid at maturity.
- Term: in days or months.
- Currencies: VND, USD and EUR
- Minimum balance: VND 1,000,000, USD 100, EUR 100.
- Deposit: One-off deposit at counter of branch/transaction
- Withdrawal: One-off withdrawal of principle and interest at
counter branch/transaction office
- Withdrawal at maturity: entire amount of principle and
interest is paid
- Early withdrawal: demand-deposit rate is applied
- Late withdrawal: demand-deposit rate is applied for
the number of days beyond the maturity date
- Fees: Penalty for early withdrawal
is applied (customers make withdrawal within 07 working days from the deposit
date), service charges are according to the current Schedule of fees and
charges of Agribank.
- Interest: rates available on
selected terms or by agreement with customers
Interest calculation: Interest = Principal amount x interest rate x term
- Interest payment: One-off interest
payment on maturity date
- Customers can make early withdrawal
- Balances on deposit accounts are
allowed to use as borrowing security or loan guarantee for the 3rd person at
any Agribank branches or other financial institutions.
- Passbook can be use by customers as
financial certificate or use as security for loans for relatives’ study/work
How to apply
at Agribank branches/transaction offices, documents included:
- Customer account information form
- Fixed term account opening request
or an agreement between customer and Agribank
Valid ID or passport