Deposit under 6 months, which bank has the highest interest rate?

Eximbank has stopped maintaining the deposit interest rate ceiling of 4.75%/year for deposits with maturities of less than 6 months after the recent reduction in deposit interest rates.

According to statistics on online deposit interest rates at domestic commercial banks, the highest deposit interest rate applied to terms under 6 months is 4.6%/year, offered by Vietnam Export Import Commercial Bank (Eximbank) for 4-5 month terms and Orient Commercial Bank (OCB ) for 5 month terms.

Following Eximbank and OCB in terms of the highest bank interest rates for terms under 6 months are BaoViet Commercial Joint Stock Bank (BaoViet Bank) and VietBank.

Currently, BaoViet Bank applies an online deposit interest rate of 4.5% per year for a 5-month term, while VietBank applies it for 4-5 month terms.

For 3-month term savings deposits, the highest rate is 4.4%/year, offered by VietBank. BaoViet Bank, Vikki Bank (Digital Bank), and Vietcombank (VCBNeo) are also leading with an interest rate of 3.35%/year for 3-month term deposits.

The highest bank interest rate for a 2-month term is 4.2%/year, offered by Vikki Bank and Eximbank. This is followed by VCBNeo at 4.15%/year, and a number of other banks offering 4.1%/year, including VietBank, Nam A Bank, NCB, and OCB.

With an interest rate of 4.15%/year, Vikki Bank and VCBNeo are leading the market in the highest deposit interest rates for the 1-month term . Following them is VietBank at 4.1%/year, with Eximbank, Nam A Bank, NCB, and OCB behind at 4%/year.

Overall, the group of banks including Eximbank, BaoViet Bank, VietBank, Vikki Bank, VCBNeo, OCB, NCB, and Nam A Bank are leading the market in offering the highest deposit interest rates for term deposits under 6 months.

Following the sharp drop in deposit interest rates since the end of February, the number of banks maintaining interest rates above 4% per year for deposits with terms of 1-5 months has also gradually decreased.

Currently, only 8 banks maintain deposit interest rates of 4% per annum for 1-month online term deposits. Meanwhile, 11 banks offer 2-month term deposits; 14 banks offer 3-month term deposits; 12 banks offer 4-month term deposits; and 15 banks offer 5-month term deposits.

Conversely, the big four banks are still maintaining the lowest deposit interest rates in the market. Specifically, Vietcombank currently offers only 1.6% per year for deposits with maturities of 1-2 months and 1.9% per year for deposits with maturities of 3-5 months.

ONLINE DEPOSIT INTEREST RATES FOR 1-5 MONTH TERMS AS OF MARCH 29, 2025 (%/YEAR)
BANK	1 MONTH	2 MONTHS	3 MONTHS	4 MONTHS	5 MONTHS
VIETBANK	4.1	4.1	4.4	4.5	4.5
BAOVIETBANK	3.5	3.6	4.35	4.4	4.5
VCBNEO	4.15	4.15	4.35	4.35	4.35
VIKKI BANK	4.15	4.2	4.35
EXIMBANK	4	4.2	4.3	4.6	4.6
NCB	4	4.1	4.2	4.3	4.4
NAM A BANK	4	4.1	4.2	4.2	4.2
OCB	4	4.1	4.2	4.2	4.6
BVBANK	3.95	4	4.15	4.2	4.25
GPBank	3.5	4	4.02	4.04	4.05
VIET A BANK	3.7	3.9	4	4.1	4.1
VPBANK	3.8	4	4	4	4
MB	3.7	3.8	4	4	4
HDBANK	3.85	3.85	3.95	3.95	3.95
MSB	3.9	3.9	3.9	3.9	3.9
LPBANK	3.6	3.7	3.9	3.9	3.9
ABBANK	3.2	3.4	3.9	3.9	3.9
BAC A BANK	3.5	3.5	3.8	3.9	4
VIB	3.7	3.8	3.8	3.8	3.8
SHB	3.5	3.5	3.8	3.8	3.9
TPBANK	3.5	3.7	3.8
PGBANK	3.4	3.5	3.8
KIENLONGBANK	3.7	3.7	3.7	3.7	3.9
PVCOMBANK	3.3	3.4	3.6	3.7	3.8
SACOMBANK	3.3	3.5	3.6	3.6	3.6
SAIGONBANK	3.3	3.3	3.6	3.6	3.6
TECHCOMBANK	3.25	3.25	3.55	3.55	3.55
ACB	3.1	3.2	3.5	3.5	3.5
SEABANK	2.95	2.95	3.45	3.45	3.45
AGRIBANK	2.4	2.4	3	3	3
MB	2	2	2.3	2.3	2.3
VIETINBANK	2	2	2.3	2.3	2.3
VIETCOMBANK	1.6	1.6	1.9	1.9	1.9
SCB	1.6	1.6	1.9	1.9	1.9

Since the State Bank of Vietnam's interest rate meeting with commercial banks on February 25th, no domestic commercial bank has increased deposit interest rates. Conversely, 24 domestic commercial banks have lowered deposit interest rates by 0.1-1.05% per year, depending on the term.

In March, 20 domestic commercial banks reduced deposit interest rates from the beginning of the month, including: PGBank, Viet A Bank, Kienlongbank, Bac A Bank, Eximbank, LPBank, Nam A Bank, NCB, SHB, VCBNeo, VIB, Vikki Bank, MBV, BIDV, Techcombank, VietinBank, OCB, ABBank, BaoVietBank, and BVBank.

Specifically, Eximbank has reduced interest rates four times, Kienlongbank three times, and PGBank twice since the beginning of the month.

Bank interest rates today, March 31, 2025: Major banks join the interest rate adjustment . On the last day of March, two more banks, LPBank and VPBank, continued to adjust deposit interest rates downwards.

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