SACOMBANK launches Flexible Certificates of Deposit to enhance returns and provide greater fund flexibility

Accordingly, customers purchasing a 36-month Certificate of Deposit with an amount of VND 500 million or more will enjoy an interest rate of 8.2% p.a. for the first six months, with interest paid every six months. For subsequent periods, the interest rate will be adjusted every six months based on SACOMBANK’s applicable interest rate framework plus a preferential margin.

After a minimum holding period of six months, if customers need to use their funds, they may transfer ownership of the Certificate of Deposit to another customer instead of making an early withdrawal. This allows customers to preserve the returns accumulated based on their actual holding period. At the same time, SACOMBANK supports connecting customers who wish to receive the transferred certificates, further enhancing convenience throughout the transaction process.

With the Flexible Certificate of Deposit, SACOMBANK continues to expand its range of wealth management solutions, giving customers an additional option for safe and effective investment while providing greater control over their cash flows. Through continuous product innovation and enhanced customer experience, the Bank aims to accompany customers in their savings plans and long-term financial planning.

For more information about the Flexible Certificate of Deposit, please contact the 24/7 toll-free hotline at 1800 5858 88 or visit HERE.