This is a deposit product that offers customer the benefit of a long term deposit with the interest rate increasing with the actual time elapsed from the date of deposit, i.e. the longer the time elapsed, the higher the interest rates and so is the interest.
- Term: maximum term: 36 months
- Currencies: VND, USD
- Minimum balance: VND
1,000,000, USD 100, EUR 100.
- Deposit: One-off
deposit at counter of branch/transaction office
- Withdrawal: multiple
withdrawals at counter of branch/transaction office
Penalty for early withdrawal apply (customer makes withdrawal within 07 working
days from the deposit date or closes the passbook within 07 working days from
the date of opening), service charges are according to the current Schedule of
fees and charges of Agribank.
rates applicable at every step and be determined on the day of deposit
Term 3 – 6
Term 6 – 9 months
Term 9 – 12 months
Term 12 – 24 months
Term > 24
rates will not change during the deposit tenor.
calculated for each withdrawn amount:
Interest = Withdrawn
mount x interest rate (step) x time
Interest is paid according to each
actual withdrawn amount. Agribank will automatically roll over at the end of
the investment term (36 months) unless customers have requested otherwise. New
rates and term are subject to Agribank’s regulations on the day of roll-over.
- Interest rate
rises over time so does the interest, max term: 36 months
- Deposit account
can be used to transfer funds for payment
How to apply
Apply at Agribank branches/transaction offices, documents
- Customer account information form
- Account opening request or an
agreement between customer and Agribank
- Savings contract agreement
- Valid ID or passport