Product Description: Online Savings is a type of deposit made through Kienlongbank's e-banking service (Customers do not need to have direct transactions at counter).
Customers: Individual customers who are Vietnamese citizens with demand account and register Kienlongbank's e-banking service.
Deposit term: 01, 02, 03, 06, 09, 12, 13, 15, 18, 24, 36 months, interest at term end.
Deposit currency: VND.
Minimum deposit amount: 500,000 VND.
Interest rate: See interest rate schedule.
Interest payment method :
- Added to principal and renewed for a new term;
- Interest transferred to demand account and the original principal renewed for a new term;
- All are finalized and transferred to the demand account.
Fee: See fee schedule.
Handling method: on Electronic Banking portal, customer deduct money from demand account to make online savings.
- Customers are only allowed to send and receive deposit payments through their own checking accounts.
- Not applicable to co-owner accounts.
- Not applicable to demand accounts of foreign individuals and organizations.