Product Description: Cumulative Savings is a form of savings installments to reach a larger amount in the future.
Customers: Individual customers.
Deposit term: 01 to 20 years (the term is rounded to year).
Deposit currency: VND.
Periodic installment: monthly.
Deposit form: Term Deposit, interest paid at maturity.
- Cash deposit at counter.
- Funds transfer from another account, or...
- Or authorize Kienlongbank to automatically deduct money from your demand deposit account.
Minimum total value: 6,000,000 VND.
- Normal savings rate of 12-month term, interest payment at maturity. See interest rate schedule.
- Interest rate changes annually.
- The accumulated savings interest is equal to sum of interests of each deposit.