Specifically, for customers depositing money at the counter, the new interest rate applied by VPBank from April 3, 2025 ranges from 3.6% to 5.5%/year, depending on the term and deposit amount.
The bank currently divides customers into 5 limit groups: under 1 billion VND, from 1 to under 3 billion VND, from 3 to under 10 billion VND, from 10 to under 50 billion VND and over 50 billion VND. Each of these groups has a separate interest rate framework.
For deposits under VND3 billion , the interest rate for a 1-month term has dropped to 3.6%/year, a slight decrease compared to the previous month. Terms from 2 to 5 months are set at 3.8%/year.
The new interest rate for terms from 6 to 11 months is 4.7%/year, down 0.2 percentage points.
For terms from 12 to 18 months, the interest rate is 5.2%/year. For deposits from 24 to 36 months, VPBank is now listing 5.3%/year, instead of 5.5% as before.
For customers depositing from 3 to under 10 billion VND , the interest rate for short terms remains the same as the group under 3 billion. From the 24-month term onwards, the interest rate applied is 5.4%/year, also slightly reduced compared to last month.
Customers depositing from 10 billion to under 50 billion VND enjoy higher interest rates, ranging from 3.7%/year for short terms to 5.5%/year for long terms.
In particular, customers who deposit 50 billion VND or more will receive the highest interest rate in the system. For a 1-month term, the interest rate is listed at 3.8%/year. Longer terms from 24 to 36 months remain at a ceiling of 5.5%/year.
In April 2025, VPBank also updated a new interest rate schedule for customers depositing savings via online channels. Accordingly, online deposit interest rates were adjusted slightly lower than before, ranging from 3.7% to 5.6%/year, depending on the term and amount of the customer's deposit.
The lowest interest rate of 3.7%/year currently applies to short-term deposits such as 1 month, while the highest rate of 5.6%/year is usually applied to longer terms of 24 months or more or to large deposits.
Notably, VPBank is implementing a special incentive policy for priority customers. Specifically, if customers in this group deposit money online with a minimum balance of VND 100 million and a term of 1 month or more , they will receive an additional 0.1%/year on the corresponding interest rate in the current deposit interest rate table. This means that priority customers can enjoy an interest rate of up to 5.7%/year if they meet the conditions.
Overall, VPBank's reduction of interest rates across all terms and deposit limits shows that the bank is proactively adjusting to market trends, while also aiming to control capital costs more effectively during a period when credit demand has not really increased strongly.
Source: https://baonghean.vn/lai-suat-ngan-hang-vpbank-thang-4-2025-10295157.html
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