Nhu Y Savings

Big dreams from small efforts

Nhu Y Savings is a Techcombank's latest online deposit product with the integration of optimal, smart, automatic solutions and accompanies with customers in every journey to reach the goal so that they can enjoy life with peace of mind.

Why should you choose to save at Techcombank?

Smart saving

Automatically suggest a saving itinerary according to the selected goal

Flexible deposit

Deposit anytime, anywhere with any amount or set a periodic schedule to send automatically

Optimal interest rate

The more and sooner you deposit, the higher the interest rate will be

Who are the customers of Nhu Y Savings?

1

Individuals who have a regular monthly income and want to form a habit of saving for themselves

2

Customers with an accumulation plan for short- term or long-term goals

3

Customers who are looking for balance solution and personal finance management

TRANSACTION CHANNEL	Online
CURRENCY	VND
MINIMUM DEPOSIT	First deposit: at least 100,000 VND at the time of opening Next deposits: unlimited
INTEREST RATE	- The interest rate is floating and regulated according to Techcombank's interest rate table periodically - The interest is calculated based on actual deposit balance at the end of each day - Applicable interest rates includes: listed interest rate and adjusted interest rate, detailed in the deposit interest rate table. Refer here
TERM	From 3 months to 12 months, 15 months, 18 months, 24 months, 36 months, 48 months and 60 months
INTEREST PAYMENT METHOD	Interest is paid once at maturity
PAYMENT METHOD	Customers can choose 1 or both methods: - Actively deposit money whenever desired - Set a schedule for automatic deduction periodically (day/week/month)
EARLY SETTLEMENT	Yes
OTHER FEATURES	Customers are flexible and proactive: - Change the name of the deposit - Change target amount - Change payment method - Change the amount of periodic deposit - Skip any payment period (when needed)

Example

Nguyen Thuy Linh

30 years old, single

Office staff

Situation

Income about 30 million VND/month
Planning to buy cars worth about 500 million VND in 2023
Need to save at least 30% of the car value (150 million VND). She will borrow the rest amount from the bank.
Looking for an smart, convenient savings solution, and easy financial management to achieve the goal

Make decision

Use Nhu Y Savings
Deposit amount 10 million VND/month

Kick off the plan

With the goal of 150 million VND in 15 months, Linh kicked off the plan by depositing 10 million VND
In the same time, she set a periodic schedule of 10 million/month for the next payments
Moreover, if there is additional money, she will actively deposit more to Nhu Y Savings.

Applicable interest rate:

Deposits from the account opening date until the end of the 9th month (installment term from 6 months or above): apply the listed interest rate of 5.2%/year, calculated from the effective date of deposit to the due date.
Deposits made after the 9th month (installment term under 6 months): an adjusted interest rate of 3.2%/year will be applied from the effective date of deposit until due date.

Total principal