Orient Commercial Joint Stock Bank ( OCB ) became the first bank to reduce deposit interest rates in April when it just posted a new interest rate schedule.
Accordingly, OCB's interest rate for terms from 6-36 months decreased by 0.1%/year, while terms under 6 months remained unchanged.
OCB lists online deposit interest rates according to a ladder interest rate schedule, applicable to deposit accounts under 100 million VND, from 100 million VND to 500 million VND and over 500 million VND.
The latest online deposit interest rates applied to deposit accounts under 100 million VND are as follows: 1-month term 4%/year, 2-month term 4.1%/year, 3-4-month term 4.2%/year, 5-month term has interest rates up to 4.6%/year.
OCB listed online savings interest rates for 6-11 month terms at 5.1%/year; the latest interest rate for 12-15 month terms is 5.2%/year; 18 month term is 5.4%/year; 21 month term is 5.5%/year; 24 month term is 5.6%/year; while the highest online savings interest rate for deposits under 100 million VND is 5.8%/year, applied for 36 month terms.
For most terms, the bank interest rate for deposit accounts from 100 million to 500 million VND listed by OCB is 0.2-0.25% higher per year than the bank interest rate table for deposits under 100 million VND.
Similarly, the bank interest rate applied to online deposits over 500 million VND is 0.25% - 0.3% higher per year than the interest rate for deposit accounts under 100 million VND.
However, OCB applies the same interest rate for terms of 21-36 months for all three deposit levels. Therefore, the highest interest rate at OCB is still 5.8%/year for customers who deposit online and receive interest at the end of the term.
Even the above mentioned 21-36 month term bank interest rates are also applied to customers depositing savings at the counter.
The interest rate for deposits at the counter and interest received at the end of the term listed by OCB is 0.1%/year lower than the interest rate for online deposits under 100 million VND, with terms from 1-15 months.
OCB is also the only bank adjusting interest rates today.
With the recent interest rate adjustment, OCB has become the first bank to reduce savings interest rates in April 2025. This is also the first time OCB has adjusted interest rates since increasing savings interest rates by 0.1%/year in early December 2024.
Previously, in March 2025 alone, 21 domestic commercial banks reduced deposit interest rates, 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, BVBank, VBank.
Of which, Eximbank reduced interest rates 4 times, Kienlongbank 3 times, PGBank and LPBank reduced interest rates twice in March.
| INTEREST RATE TABLE FOR ONLINE DEPOSITS OF BANKS ON APRIL 1, 2025 (%/YEAR) | ||||||
| BANK | 1 MONTH | 3 MONTHS | 6 MONTHS | 9 MONTHS | 12 MONTHS | 18 MONTHS |
| AGRIBANK | 2.4 | 3 | 3.7 | 3.7 | 4.7 | 4.7 |
| BIDV | 2 | 2.3 | 3.3 | 3.3 | 4.7 | 4.7 |
| VIETINBANK | 2 | 2.3 | 3.3 | 3.3 | 4.7 | 4.7 |
| VIETCOMBANK | 1.6 | 1.9 | 1.9 | 1.9 | 4.6 | 4.6 |
| ABBANK | 3.2 | 3.9 | 5.4 | 5.5 | 5.7 | 5.5 |
| ACB | 3.1 | 3.5 | 4.2 | 4.3 | 4.9 | |
| BAC A BANK | 3.5 | 3.8 | 4.95 | 5.05 | 5.4 | 5.8 |
| BAOVIETBANK | 3.5 | 4.35 | 5.45 | 5.5 | 5.8 | 5.9 |
| BVBANK | 3.95 | 4.15 | 5.15 | 5.3 | 5.6 | 5.9 |
| EXIMBANK | 4 | 4.3 | 5.1 | 5.1 | 5.3 | 5.6 |
| GPBANK | 3.5 | 4.02 | 5.35 | 5.7 | 6.05 | 6.15 |
| HDBANK | 3.85 | 3.95 | 5.3 | 4.7 | 5.6 | 6.1 |
| KIENLONGBANK | 3.7 | 3.7 | 5.1 | 5.2 | 5.5 | 5.45 |
| LPBANK | 3.6 | 3.9 | 5.1 | 5.1 | 5.4 | 5.6 |
| MB | 3.7 | 4 | 4.6 | 4.6 | 5.1 | 5.1 |
| MBV | 4.1 | 4.4 | 5.5 | 5.6 | 5.8 | 5.9 |
| MSB | 3.9 | 3.9 | 5 | 5 | 5.6 | 5.6 |
| NAM A BANK | 4 | 4.2 | 4.9 | 5.2 | 5.5 | 5.6 |
| NCB | 4 | 4.2 | 5.35 | 5.45 | 5.6 | 5.6 |
| OCB | 4 | 4.2 | 5.1 | 5.1 | 5.2 | 5.4 |
| PGBANK | 3.4 | 3.8 | 5 | 4.9 | 5.4 | 5.8 |
| PVCOMBANK | 3.3 | 3.6 | 4.5 | 4.7 | 5.1 | 5.8 |
| SACOMBANK | 3.3 | 3.6 | 4.9 | 4.9 | 5.4 | 5.6 |
| SAIGONBANK | 3.3 | 3.6 | 4.8 | 4.9 | 5.6 | 5.8 |
| SCB | 1.6 | 1.9 | 2.9 | 2.9 | 3.7 | 3.9 |
| SEABANK | 2.95 | 3.45 | 3.95 | 4.15 | 4.7 | 5.45 |
| SHB | 3.5 | 3.8 | 4.9 | 5 | 5.3 | 5.5 |
| TECHCOMBANK | 3.25 | 3.55 | 4.55 | 4.55 | 4.75 | 4.75 |
| TPBANK | 3.5 | 3.8 | 4.8 | 4.9 | 5.2 | 5.5 |
| VCBNEO | 4.15 | 4.35 | 5.7 | 5.65 | 5.85 | 5.85 |
| VIB | 3.7 | 3.8 | 4.7 | 4.7 | 4.9 | 5.2 |
| VIET A BANK | 3.7 | 4 | 5.2 | 5.4 | 5.7 | 5.9 |
| VIETBANK | 4.1 | 4.4 | 5.4 | 5.4 | 5.8 | 5.9 |
| VIKKI BANK | 4.15 | 4.35 | 5.65 | 5.95 | 6 | 6 |
| VPBANK | 3.7 | 3.9 | 4.9 | 4.9 | 5.4 | 5.4 |
Source: https://vietnamnet.vn/lai-suat-ngan-hang-hom-nay-1-4-2025-gui-duoi-100-trieu-dong-lai-suat-4-6-nam-2386469.html
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