Customers can access preferential interest rates and optimize their cash flow by maintaining funds in a payment account for three days or more, ensuring no disruption to financial operations.

The program addresses the challenging economic climate at the end of 2025, when rising interest rates significantly increased capital costs for business households. This pressure intensified as slow market recovery made it difficult for many businesses to balance costs and maintain profitability.

Ms. Minh, a construction material store owner in Hanoi, reported that her family's three billion Vietnamese dong mortgage loan recently concluded its fixed-rate period. The subsequent interest rate adjustment led to an increase of nearly 7-8 million Vietnamese dong in monthly financial costs.

“I only hope for some policy that can reduce the loan interest margin, easing the burden of capital turnover,” she added.

VPBank designed this interest rate incentive as a flexible solution, easing borrowing costs for customers while encouraging them to maintain funds with the bank. The program operates on a sliding scale: a larger amount maintained in the account reduces the required maintenance period. For instance, customers need to maintain: 50%, 22%, 11%, or 5% of the disbursed loan amount for 3, 7, 14, or 30 days respectively.

VPBank is reducing interest rates by 0.5% for three months on existing mortgage loans, effective from March. _Photo: VPBank_

This flexible mechanism allows customers to choose a level that aligns with their cash flow. The program targets existing individual customers with secured loans for business production, home purchases, or car purchases across the nation. To receive the incentive, customers must register at a VPBank transaction counter. The bank will then process the application and notify them of the new preferential interest rate within 1-2 days of successful registration.

Customers retain full control, choosing whether to participate and which maintenance period suits them. The program imposes no additional conditions, such as increased card spending or account package changes. This solution benefits customers with idle funds awaiting payment, allowing them to reduce loan interest rates simply by maintaining these funds for a brief period.

According to a VPBank representative, these advantages foster long-term customer engagement. This incentive program thus supports borrowers through interest rate fluctuations and encourages the habit of maintaining funds in accounts, a key aspect of the bank's medium to long-term customer development strategy.

(Source: VPBank)

Readers can find more details about the program here.