Monthly interest payment savings Archives - Ngân hàng SHB
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SHB Urges Customers to Update Valid ID and Biometrics Promptly Krungsri to Acquire Remaining 50% Stake in SHBFinance Ahead of Schedule SHB’s pre-tax profit for the first nine months amounted to VND 9,048 billion, and the Bank is actively involved in social security initiatives SHB signed a cooperation agreement with Vietnam Steel Corporation SHB will reduce 50% of interests payable for the last 4 months of 2024 for customers impacted by typhoon Yagi and flooding, offering a reduced interest rate of just 4.5% per year on new loans SHB Recognized as “Best Bank for SMEs in Vietnam” by Euromoney SHB wins “Outstanding Innovative Banking Product Service Award” SHB Honored as “Vietnam Domestic SME Partnership Initiative of the Year”
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A savings product for customers’ monthly spending need, interest may be withdrawn prior to maturity.

  • Well manage spending plan with monthly interest payment
  • Premature withdrawal is allowed
  • Simple and time-saving procedure
  • Eligible to use savings book for mortgage, loan guarantee
  • Currency: VND/USD
  • Minimum amount: 100.000VND / 50USD
  • Term: 1 – 13 months, 18 month, 24 months, 36 months
  • Interest payment: Monthly payment
  • Principal is allowed to withdraw one time only
  • In case of premature withdrawal, customers enjoy non-term savings rate at the date of withdrawal over the principal for the first month and over the principal minus the interest customers receive monthly since the following months; customers shall return the interest they received monthly. If withdrawal is made within less than 5 interest-bearing-days since the first deposit, no interest shall be paid to customers
  • Upon maturity date, if customers do not withdraw the savings shall be automatically renewed for another term (interest has been paid to customer’s current account on monthly basis)
  • Savings application (SHB form)
  • Identification papers: ID Card/Passport/…
  • Other relevant papers of customer (if any)