Optimising Benefits with "Saving Preserves Prosperity" in VPBank

From November 2014, VPBank introduced the "Saving Preserves Prosperity" product with premium features to optimise customers’ benefits before interest rate shocks.

 

The product is applied to savings deposit of VND500,000 or more with 18-month, 24-month and 36-month terms. The interest rate is revised monthly and notified to customers by VPBank in the following principles: If interest rate on the savings book is lower than that of an existing product of the same term, it will be revised up to the higher rate, and if the rate on the savings book is higher, it will be kept unchanged.

 

Customers will get the interest when the savings deposit matures or they end. In addition, they can easily mortgage the Saving Preserves Prosperity" deposit book when they need money.