Term Deposit

​​Term Deposit

Deposit account for
your short or long-term needs

Choose how long you want to save and make your money work for you



Term Deposit

Deposit account for
your short or long-term needs

Choose how long you want to save and make your money work for you


Key Features

Attractive interest rate  

Attractive interest rate

The longer you save, the higher the interest rate

Interest Rate
Wide choices of tenor  

Wide choices of tenor

Ranging from 1 to 36 months

Convenient renewal options  

Convenient renewal options

Choose automatic renewal for your extra convenient

 
 

Product Benefits

Term Deposit is suitalbe for customers who have idle cash for a period of time to earn attractive interest rate

  • Currencies: Vietnam Dong (VND) , US Dollar (USD), Thai Baht (THB)
  • Minimum Account Opening: VND 1,000,000, USD 1,000, THB 10,000
  • Interest: Interest accrued on daily basis and paid at maturity
  • Renewal Option: No renewal, Automatic-Renewal

Account Opening

Conditions

  • Partially early redemption is not allowed, the deposit can only be fully withdrawn before the maturity
  • In the case of early redemption, customers will receive the interest rate of the Current account on the withdrawal date
  • Additional deposit during the period is not applicable
  • Terms & Condition

Applicants

  • Vietnamese companies

Documents Requirement

  • Documents on proof of legal establishment and operation of organizations
  • Identification of Legal Representative, all authorized signatories,Chief Accountant/ PIC of Accounting issued by the government
  • Please contact the bank for other documents required

Frequently Asked Questions

How interest rate is calculated and paid for this account ?
  • When the deposit is withdrawn upon maturity, the interest shall be calculated based on interest rate agreed on the deposit date.
  • The interest amount is calculated by Actual Balance on the withdrawal date*(interest rate agreed on the deposit date/100)*number of the deposit days/365 days
  • Interest will be paid on the maturity date.
What interest rate will I receive if I withdraw the deposit before maturity date ?

In the case of early redemption, withdrawal amount shall be calculated according to the interest rate of current account on withdrawal date.

What are other conditions of this account ?
  • Partially early redemption is not allowed.
  • The deposit can be fully withdrawn before the maturity. Customer shall notify the bank in advance and shall get the interest rate of the current account with period of holding the deposit.
  • The additional deposit during the period is not applicable. Customer should open a new account and get new term of deposit for additional deposit.
How can I access/inquiry my deposit balance?
  • KBank Vietnam Branch
  • Customer Service: 1900 54 54 13
  • Any other sevice channels that are informed by KBank Vietnam in each period
What do I do in the case that Agreement on Term Deposit is crumbed/lost/torn?

In case of crumbed/lost/torn, customer is obligated to promptly notify KBank Vietnam. If the customer does not timely notify, KBank Vietnam is not responsible when the Agreement on Term Deposit abused of any purposes.