Attractive interest rates, simple procedures, and automatic renewal are three outstanding features of BIDV's accumulative deposit, which is aimed at helping customers realize their future plans.

Accordingly, from 10 July 2020, BIDV officially introduced two accumulative savings products named "Secured Future" for Vietnamese citizens from 15 years old and above, and "Growing with Love" for Vietnamese citizens under 15 years old whose transactions made by their legal representatives.

Accumulative deposit products are suitable for diversified demands of customers, helping them make financial plans for their long-term goals such as purchasing a house, a car, investment in a portfolio, insurance, education, etc.

To open an accumulative deposit account, BIDV and customer will sign a 1-month deposit contract, which will be renewed upon customer’s request. This 1-month term can be automatically renewed to facilitate customer’s urgent withdrawal.

The accumulative monthly savings amount depends on customers’ demands and financial capabilities and should be VND100,000 at minimum. In case customers want to change the accumulative savings limit, an additional contract will be entered into between BIDV and the customer. Every month, BIDV will automatically transfer the registered amount from customer’s current account to their accumulative deposit account. Accordingly, customers do not need to visit the bank’s counter, thereby saving a lot of their time.

Customers can jointly open deposit account and can use the accumulative deposits as collateral for loan as prescribed by BIDV in specific period.

This financial solution is an initiative of BIDV to assist customers to build a solid financial plan and enjoy the fulfillment of their established goals.

For detailed information, please contact BIDV branches nationwide or call BIDV 24/7 Contact Center via Hotline: 1900 9247 for assistance.